The CBIA makes sense. If their dues weren't so high, I would consider signing up as a member to show my support, but looking into moving my business out of state sounds like a better plan.
CBIA is correct. We, the citizens of the state of CT, can no longer afford to give state employees significantly more and more than the citizens themselves can get. State employees "work" fewer hours per week and per year than people in private industry but they are paid more and given more benefits for which they pay almost nothing. State taxes affect everyone in the state and make it expensive to live and impossible for businesses to survive.
Cutting back the number of state employees and forcing them to work more productively is the only short term and long term answer.
The problem here in New Britain and across the state is this, union contracts dictate pay raises across city, town and state budgets which are supported primarily by property tax owners. Property tax owners who work for private industry are on pay freezes, un-employed, struggling with rising commodity prices and simply cannot afford property tax increases. Your asking the un-employed to provide more for those that are gainfully employed! And why can't we pull this runaway train back on track, the politicians answer to the unions, take union political donations, and get paid themselves based on their own self serving policies.
— A year ago, United Technologies Corp.'s chief financial officer, Greg Hayes, touched off a firestorm when he said that anyplace is lower cost than Connecticut.
Thursday, as UTC executives again met with Wall Street analysts, Hayes said the Hartford-based company still has a sharp focus on shifting from high-cost to low-cost locations. But he said he wasn't going to make any state-by-state comparison this time around.
Sikorsky president Jeffrey Pino put it the most bluntly: "I'll say what Greg didn't say. When we move work out of our home state, it goes to a lower-cost location."
The CBIA makes sense. If their dues weren't so high, I would consider signing up as a member to show my support, but looking into moving my business out of state sounds like a better plan.
ReplyDeleteCBIA is correct. We, the citizens of the state of CT, can no longer afford to give state employees significantly more and more than the citizens themselves can get. State employees "work" fewer hours per week and per year than people in private industry but they are paid more and given more benefits for which they pay almost nothing. State taxes affect everyone in the state and make it expensive to live and impossible for businesses to survive.
ReplyDeleteCutting back the number of state employees and forcing them to work more productively is the only short term and long term answer.
The problem here in New Britain and across the state is this, union contracts dictate pay raises across city, town and state budgets which are supported primarily by property tax owners. Property tax owners who work for private industry are on pay freezes, un-employed, struggling with rising commodity prices and simply cannot afford property tax increases. Your asking the un-employed to provide more for those that are gainfully employed! And why can't we pull this runaway train back on track, the politicians answer to the unions, take union political donations, and get paid themselves based on their own self serving policies.
ReplyDeleteIf you laid off 25,000 state employees, the rest of us would not even notice!
ReplyDelete— A year ago, United Technologies Corp.'s chief financial officer, Greg Hayes, touched off a firestorm when he said that anyplace is lower cost than Connecticut.
ReplyDeleteThursday, as UTC executives again met with Wall Street analysts, Hayes said the Hartford-based company still has a sharp focus on shifting from high-cost to low-cost locations. But he said he wasn't going to make any state-by-state comparison this time around.
Sikorsky president Jeffrey Pino put it the most bluntly: "I'll say what Greg didn't say. When we move work out of our home state, it goes to a lower-cost location."