Haar Report Hiatus

by Categorized: Economy, Politics Date:

It’s midsummer and the Haar Report will be quiet until the second week of August, as I work on a couple of special projects and go on vacation. Be safe, stay cool and remember to make a little bit of news, but not too much.

For the tireless commenters out there, I’ll leave you with this thought: Connecticut’s economy is not booming in mid-2013 and we of course are showing very weak growth, apparently the only state whose economy shrank in 2012, according to the Commerce Department. But job creation isn’t so bad. Home prices are stable and even rising in a few places.  And for some reason, median household income — the most important measure of family prosperity — is growing faster than that of the nation.

So, when Gov. Dannel P. Malloy runs for re-election next year in a rematch against Tom Foley, it’s not a slam dunk that the economy will swing massive votes in Foley’s favor.

Dan

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3 thoughts on “Haar Report Hiatus

  1. walls

    Those who value the 2nd Amendment, want open legislation not rammed through in the dark of night, are against large tax increases, and do not favor drivers licenses for illegals who committed felonies will likely not vote for Danny Boy. Enjoy your vacation.

  2. fred

    I’ll vote for Malloy again. I think a lot of people will vote against him because of the tax increase. I paid more for cheap cat food last year than I paid in increased taxes. If a Republican is elected it will be interesting to see if he can reduce taxes. Malloy has been in office 2.5 years, so the new Republican governor must show results in 2.5 years or less. You know, reduce taxes and let the business miracle begin!

  3. Jamie Math

    Dan, median income doesn’t tell you a thing about prosperity, not until after you reflect cost of living. If I make 5% more in CT than I would in TX, that is easily gobbled up by the fact that everything costs so much more here…housing, taxes, energy, food, college education. That’s not rocket science. I’m guessing our median standard of living is also quite high…but you need to take costs into account, not just how much money comes in. And whatever our standard of living is, (1) it could be better if everything wasn’t so insanely expensive, and (2) that standard of living will inevitably decrease when our unfunded liabilities need to be faced, meaning taxes will go way up, thanks to insane promises that your side made to public labor unions.

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