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6 comments:
Once again, a Democratic legislature destroys the state with their massive giveaways and repressive taxes and when the bubble is bursting, they blame everyone but themselves.
A Pratt spokesman recently said they save 35% of their costs by simply moving down South to a business friendly state.
Pratt & Whitney stated today 09/21/09 it will begin closing the Cheshire overhaul and repair plant and a related unit in East Hartford in 2010, eliminating 1,000 CT jobs...and here in New Britain... Rep. Tim O’Brien campaigning for Mayor’s Office - stated that if elected he would bring manufacturing jobs back in to New Britain.
This is a novel idea, but an unrealistic one considering that the majority of manufacturing jobs (like Pratt & Whitney)were moving either to more business friendly states, or overseas to countries where labor markets are much lower.
However, candidate O’Brien has stated in his current campaigning that NB voters are seeking someone like Tim O'Brien who can bring back a time of “new beginnings” by bringing back home some 27,400 industrial manufacturing jobs that once made New Britain the Hardware City of the World.
Only in America. Make jet engine parts for our military overseas. Now that's a plan. Talk about goverment bailouts, forget cars and bad mortgages. Where is the president when it comes to maintaining our security and keeping jobs at home?
7000 small businesses close in CT and NO ONE provides relief; only a 30% tax surcharge from the state democrats.
These closings represent over 50,000 JOBS LOST. Pratt was given a $100M incentive from the state and another $63M from their unions to stay in CT and still Pratt is moving.
Someone PLEASE turn the lights off.
Due to the economic down turn, the light at the end of the tunnel has
temporarily been turned off.
How about blame where blame is due--the legislature and the unions?
Our massive taxation on businesses, combined with the huge wages required by the almighty powerful unions, has made doing business much cheaper virtually anywhere in the country.
Make it cheaper to conduct business, and businesses will stay, instead we have brilliant plans like the one Representative O'Brien supported to tax 30% of a business's income. Thank God Governor Rell vetoed this one or you would be watching a mass exodus like none you have never seen!
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