Connecticut rates 44th best state for business

[beerbeer]

I lived in Atlanta for 5 years and was raised in Hartford. The Ghettos there are much bigger and worse than anything we have in CT. Trust me on that. The murder rate and the number of police officers who get shot is crazy. It's not really off topic in my opinion because I think there is a direct correlation between the economic and social policies enacted in a state and the economic results and social results that are produced by them. People will never be able to work together when they continue to demonize each other. Germany is the top economy of Europe and they have higher taxes and much more of a socialist state than we do yet they still are a manufacturing powerhouse. I'm not saying that we should be just like them but I think we can learn some things from them.

I ived in Atlanta for six years. Grew up in Enfield, went to school in Hartford and Storrs.

When I moved to Washington, DC, it had the highest murder rate in the country. But Detroit is now out pacing everyone. Northern cities like Cinny, Baltimore and Cleveland usually have higher rates than Atlanta.

There is no question that politics and development are intertwined. And I understand that government must play a role. I moved from Atlanta in 1987. If you look at the growth and skyline of that city since I left, it's phenomenal.

[HartfordTycoon]

I moved from Atlanta in 1987. If you look at the growth and skyline of that city since I left, it's phenomenal.

That is something which I can fully agree with you on! Atlanta is a great city all and all. I do like the south and the business climate is better there is no denying that. However, Atlanta is also a Democratic stronghold within a sea of Republicanism and is the only place in Georgia I would ever consider living.

[drc72]

I gotta a question for you high tax loving people..... do you honestly believe high taxes are necessary to have a strong standard of living? What you guys are essentially saying is without the government taking care of us, we would be living in slums? If that's the case then hell bring on communism.

[beerbeer]

"Government creates no jobs, all jobs are created by profits. Anything that reduces profits reduces jobs."

This statement is absolutely true. And while you need revenue to create a profit, if expenses are greater than revenue you produce a loss and therefore go out of business.

The formula is simple. Revenue minus Expenses equals Profit/Loss.

If the result of the equation is positive you produce a profit and can hire people or expand or give bonuses.

If the result of the equation is negative you loss money cannot hire people cannot expand or give bonuses.

No profit, no jobs, no company, no nothing.

Why is this concept so difficult to understand?

[MichaelQReilly]

I gotta a question for you high tax loving people..... do you honestly believe high taxes are necessary to have a strong standard of living? What you guys are essentially saying is without the government taking care of us, we would be living in slums? If that's the case then hell bring on communism.

Fallacy of the Excluded Middle. It's not a dichotomy where laissez faire capitalism and communism are the only two choices.

[drc72]

"Government creates no jobs, all jobs are created by profits. Anything that reduces profits reduces jobs."

This statement is absolutely true. And while you need revenue to create a profit, if expenses are greater than revenue you produce a loss and therefore go out of business.

The formula is simple. Revenue minus Expenses equals Profit/Loss.

If the result of the equation is positive you produce a profit and can hire people or expand or give bonuses.

If the result of the equation is negative you loss money cannot hire people cannot expand or give bonuses.

No profit, no jobs, no company, no nothing.

Why is this concept so difficult to understand?

It's not even a conservative or a liberal thing.... It's common sense!!!!!!

[Chessplayer]

Meanwhile:

http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm

[HartfordTycoon]

Meanwhile:

http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm

Good Stuff, Chessplayer! And very encouraging.