action:article | category:OPINION01 | adString:OPINION01 | zoneID:67

Home » Opinion » Editorials

August 30. 2012 1:25AM

Sane politics: Don't follow Connecticut

Last weekend, Republican vice presidential candidate Paul Ryan campaigned in New Hampshire. The state Democratic Party brought in someone to counter his message. Their choice: Connecticut Gov. Dan Malloy. What a choice.

Malloy reportedly told New Hampshire Democrats that those who voted for Romney and Ryan would be “out of their mind.” Sane policies, it seems, are those of Democratic governors like Malloy.

Two weeks ago, Business Week reported Gov. Malloy’s announcement that Connecticut would give a company called Bridgewater Associates “a $25 million ‘forgivable’ 10-year loan at 1 percent interest to help finance two buildings totaling 750,000 square feet (69,700 square meters). It will also provide as much as $5 million for job training, $5 million for alternative-energy systems and $80 million in tax credits, according to the statement.”

What is Bridgewater Associates? Only the world’s biggest hedge fund. It paid its founder $3.9 billion last year. Subsidizing that company is Malloy’s idea of sane.

A recent survey of business friendliness by the Kauffman Foundation gave New Hampshire an overall grade of A. Connecticut got a D. New Hampshire ranked the fifth-most friendly state in which to start a small business; Connecticut ranked 44th. We’re supposed to take political advice from this guy? No, thanks.


Follow us:
Twitter icon Facebook icon RSS icon
Sorry, no question available

 New Hampshire Business Directory

  

   » ADD YOUR BUSINESS TODAY!

 New Hampshire Events Calendar
    

   » SHARE EVENTS FOR PUBLICATION, IT'S FREE!

Upcoming Events