Questions In Recovery
If 2010 turns out to be better than 2009, will 2011 be better than 2010? Connecticut's economy runs slower than the national economy, with the state typically experiencing a five-month delay before feeling the country's gains and losses, said Demetrios Giannaros, business professor at the University of Hartford.
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#1 Aug 10, 2010
over the past twenty five years, connecticut's economy has recovered slowly after the rest of the nation's return to healthy economies, and each recession has seen a longer recovery time for connecticut's economy after national recovery. the increased recovery time for connecticut is due to the economic policies of the state, which tend to discourage recovery. these policies , such as high taxation, have tended to drive business out of state, and to have taken the productive workers to more favorable states. this has ended up with fewer businesses and fewer productive employees in the state and has left larger numbers of non productive people here. this creates a further burden on the remaining businesses, which will only encourage the remaining businesses to look elsewhere, outside of connecticut.it is a collapse, in slow motion
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