34% of unionized Connecticut workers would quit their union if they couldEAST HARTFORD – A third of union households in Connecticut say they would opt out of their union if given the chance, according to […]
EAST HARTFORD – The new study by Arthur Laffer and the American Legislative Exchange Council (ALEC) is the latest independent assessment reaching the same conclusion: Connecticut’s economy is among the very worst in the nation. […]
by Ryan Murphy Connecticut needs as many entrepreneurs as it can get. But for many would-be small businesspeople, Connecticut’s stringent occupational licensure laws stand in the way. Connecticut licenses 241 occupations, from hairdressers to glaziers. […]
EAST HARTFORD – Today is Tax Freedom Day in Connecticut, the day on which Connecticut residents finally stop working for the government and start working for themselves. Connecticut has the latest Tax Freedom Day of […]
It turns out that rising taxes and non-existent growth are not desirable traits for business. CEO Magazine, a trade magazine for business leaders, ranked Connecticut the 45th best (?) state for business in 2013. Texas […]
Since colonial times, turnpikes have represented a guiding principle of public finance: Let those who benefit bear the costs. It’s been 30 years since a horrific accident at the Stratford toll station prompted Connecticut to […]
The State of Connecticut collects revenue from more than 371 unique sources according to the latest report from the Yankee Institute. While the cost of government has increased threefold over the past 40 years, the […]
EAST HARTFORD – A record 525 retired state employees took home at least $100,000 in pension pay in 2012, according to new data from the state Comptroller’s office analyzed by the Yankee Institute. That figure […]
EAST HARTFORD – More than 1,200 state employees earned over $150,000 last year, making each of them better paid than Connecticut Gov. Dan Malloy. Connecticut’s median household income is $69,243, according to the Census Bureau. […]
EAST HARTFORD – The good news for Gov. Dannel Malloy is that he enjoys his highest approval ratings ever, at 54 percent, according to a new poll by the Yankee Institute. The bad news is […]
The Connecticut State Legislature will begin its 2023 session on January 4th and will adjourn on June 7th. The “long session,” as non-election years are called in Hartford, will be centered around the biennial budget. The Office of the State Comptroller reports that state government found a way to spend $47.11 billion in 2022 and, if trends continue, we can expect that number to grow even more going forward. Concerns over energy prices, inflation, and general cost of living continue to dominate the headlines and the threat of a recession hovers over economic forecasts.
What will our elected officials be working on to improve policy outcomes for Connecticut residents? What tax reform proposals will there be? What can be done to lower home heating bills? How will state and local budgets be affected by fewer federal resources? How will schools be implementing to curriculum requirements?
While we wait to see the thousands of individual and committee bills that while dominate the myriad policy debates this year, Yankee Institute is hard at work promoting free-market solutions to the problems we face from Stamford to Putnam and Mystic to Salisbury. To that end, we have produced a new edition of our Charter for Change. The Charter provides commonsense reforms to make Connecticut’s government work for its residents.
Though the list of reforms may be exhausting to review, it is far from exhaustive! And that’s why we want to work with you to build a broad-based coalition to encourage sound policy reforms to enable Connecticut residents to forge a better future for themselves and their families.
It’s also imperative that we do so. As we noted in a report and CT Mirror op-ed last year, the debate over whether we’re in a national recession really misses the point for Connecticut residents. We had more people employed in the private sector in 2007 than we do today. Our economy has grown at one of the slowest rates in the nation for the past decade, and we are getting outpaced year after year. We’re not attracting innovation and industry. We’re losing some of our best and brightest as they seek other parts of the country where it’s easier to make a living.
But together, we can reverse this trend.
At Yankee Institute, we know Connecticut is a state with boundless opportunity, and we intend to help make our state more than a place where people are just able to make ends meet! Connecticut should be a place where everyone can thrive – and with your help, it will be.