Remember who votes on State Employee pay increases. “We are proud a large percentage — more than one-third —- of Connecticut’s delegation to the Democratic National Convention consists of our friends in organized labor,” said Leigh Appleby, a state party spokesman. “We recognize that they are a vital component of our party's broad coalition and [...]

The reason you and I will never see the transcripts of Hillary Clinton’s speeches to Wall Street fat-cats — and the reason she’s established a nonsensical condition for their release, that being an agreement by members of another party, involved in a separate primary, to do the same — is that if she were ever [...]

Clinton, who received $225,000 for her appearance, praised the diversity of Goldman’s workforce and the prominent roles played by women at the blue-chip investment bank and the tech firms present at the event. She spent no time criticizing Goldman or Wall Street more broadly for its role in the 2008 financial crisis. “It was pretty [...]

For example, Connecticut, which ranks 50th out of the states for fiscal health, has run up $67 billion in debt, compared to Puerto Rico’s $118 billion, while both have populations of around 3.6 million. But personal income in Puerto Rico is less than one-third of Connecticut’s. If that seems reassuring, consider that the Nutmeg State’s debt figure [...]

Since 2009, the Fair Labor Standards Act has dictated that the federal minimum wage is $7.25 an hour. Some people think that’s too low; others think it’s too high. But it turns out that, in 35 states, it’s a better deal not to work—and instead, to take advantage of federal welfare programs—than to take a [...]

The "Tax Policy Center" has a comparison of the major candidate's tax proposals here. The proposals are complex, and some include business tax reform that may significantly alter your buying power. One very interesting part is how the tax proposals will affect your paycheck.  Kasitch does not give enough details, but his plan will probably [...]

The Washington Post reports on how the University of California is fighting discrimination by discouraging the use of these phrases: “I believe the most qualified person should get the job.” “America is the land of opportunity.” “Everyone can succeed in this society, if they work hard enough.” The full article is here

Found this on ZeroHedge, shows how bad the past eight years have been.

High-income taxpayers are leaving the state, and are being partially replaced by lower income immigrants.  But the state workforce is getting raises and is increasing. Between 2011 and 2013, about 95,000 taxpayers left the state. Their average AGI was $112,000, versus $101,000 for the remaining 1.4 million taxpayers. Only 78,000 taxpayers moved into the state, [...]

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