As a direct result of Failed Governor Dan Malloy’s anti-jobs, anti-business policies, Connecticut continues to lag behind the rest of the nation in wage growth. According to the U.S. Bureau of Economic Analysis, personal income in Connecticut grew by only 1.5 percent in 2017, less than half the rate that it grew nationally.
Connecticut also experienced the lowest personal income growth of any state in New England, while Massachusetts and New Hampshire, both of which are led by GOP governors, experienced growth above the national rate. To make matters even worse for Connecticut, the Tax Foundation reports that taxpayers in the Nutmeg State “worked longer last year to pay their taxes than Americans in the other 49 states,” thanks to Malloy’s burdensome tax hikes, leaving them with less money to take care of their families’ finances.
While Malloy continues to tax his state into economic decline and fiscal crisis as his enablers Ned Lamont, Luke Bronin, and Susan Bysiewicz stand by his reckless agenda, Connecticut citizens are ready to turn the page on nearly 8 years of failed Democrat policies.