One of the happiest days of my life was when I put Ct in my rear view and moved to SC five years ago. I love reading articles like this that confirm what I predicted 20 years ago. Democrats and the public unions have sucked Ct dry while buying themselves enough votes to stay in power.
ps
Two members of the motor cycle club to which I belong, a husband and wife, are retired Ct state employees. They just bought two identical Spyders with all the bells and whistles. Around $60,000. Must be nice to be Ct pensioner.
We left almost 28 years ago. Best move ever. That big Penske rented truck saved us..
Can’t think of anything I would go back for, except if my sister desperately needed help.
Just consider that Bridgeport (where I was born) voted out a true lefty nutjob and elected a previous mayor that did time at Club Fed for corruption in office.
Folks need to go to jail when a pension fund ends up underfunded or broke. They were either grossly incompetent, criminally negligent, or outright crooks. The folks that run these things are CPAs, Lawyers and folks with MBA degrees. They can’t claim they didn’t know. Lock them up, and seize their assets.
I can’t imagine how a (so called) backward state like Utah has a public pension fund that has no problems at all. Must be that they never have used the “new math”. You know, broke today, take more money out, put less money in, and then be surprised that it is in even worse shape afterward.
For those left in what started out as a good place back in 1776, I pay $746 dollars in property tax on 120 acres, a nice house and barn. I pay nothing to take my garbage to the dump, and my income and sales taxes are half what yours are.
Even better, our insurance rates are 1/3 of what you pay. It’s been 27 years and I still pay less for 3 vehicles, an ATV, boat, 2 houses, and a pile of equipment than I did as a 25 year old with a perfect record on a 2 wheel drive 6 cylinder pickup back in 1991.
You folks are reaping what you have sown. You may eat it all by yourselves too.