Monday, January 18, 2016

Loss of GE ignites partisan rancor in Conn.

The Boston Globe reports:
Massachusetts politicians raced last week to congratulate themselves for the type of selfless bipartisanship and keen economic thinking that could land a whale like General Electric, which announced intentions to relocate its global headquarters to Boston.

Across the border in Connecticut, the tone is quite different, less a back-slapping convention than a circular firing squad. In GE’s spurned current home, the theme is political fratricide.

Connecticut Republicans tore into Democratic Governor Dannel Malloy, saying his burdensome tax policies had pushed the company, ranked eighth in the Fortune 500, and its 800 Fairfield-based jobs out the door.

Malloy, said Connecticut House minority leader Themis Klarides, is arrogant and delusional.

“He blew it,” said state Representative John Frey who, like Klarides, also blamed the Democratic majorities in both legislative chambers.
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“There was a lot of rhetoric coming out of the House and Senate leadership that ‘the GE executives need to get off their yachts, they’re not serious,’ which didn’t help the situation,” he said.
Taxes have consequences no matter what some Democrat party politicians tell you.