The incoming governor and legislature are already feuding about whether to raid the Rainy Day Fund to balance the books in 2019. Governor-elect Lamont is right about this: the Rainy Day Fund must be saved for the next economic downturn. The fiscal life of the state depends on it.
A minimum-wage increase is likely coming. It should arrive in the form of a home-rule option to raise the rate to some maximum and should be offset by cuts in regulatory costs on the hardest-hit businesses.
As his term concludes, it’s entirely predictable that Governor Malloy would seek to shape his legacy for the history books. But the “spin” in his recent op/ed for the Hartford Courant is so dizzyingly incomplete and inaccurate in important respects that it warrants a response.