“Before lawmakers demand one more cent from Connecticut’s taxpayers… we respectfully ask them first to ensure that they’re spending the money we’ve already entrusted to them wisely.”
-Carol Platt Liebau, President of Yankee Institute at May Press Briefing at the Capitol
Latest Blog Entries
Connecticut lost 2,000 jobs during the month of September, according to the latest job numbers from the Connecticut Department of Labor. This is the third month of job losses in a row, largely erasing gains made earlier in the year.
The majority of losses came from the private sector which saw a decline of 1,100 jobs, with employment in construction and hospitality showing large decreases.read more
A financial stress test of all fifty states by Moody’s Analytics showed that Connecticut is unprepared should the country experience another recession – even a moderate one.
Connecticut was one of the bottom 15 states that were “substantially unprepared” for an economic downturn, which would lower tax revenue and increase state service needs to help those affected by a recession.read more
There are only a few states that generally rank lower than Connecticut in terms of fiscal stability and outlook and New Jersey is usually one of them.
Like Connecticut, New Jersey is saddled with high taxes, major pension problems and fiscal mismanagement, but a new study released by the Garden State Initiative uses Connecticut’s history of raising taxes to solve those problems as a “cautionary tale.”read more
The Yankee Institute for Public Policy Studies is a research and citizen education organization founded in 1984 under section 501(c)(3) of the Internal Revenue Service code. As one of America’s oldest state-based think tanks, Yankee develops and advocates for free market, limited government public policy solutions in Connecticut.
Yankee Institute for Public Policy 216 Main Street Hartford, CT 06106 Phone: 860-282-0722