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Rey Giallongo is also the vice chairman and a member of the board of commissioners of the Stamford Downtown Special Services District.
Ned Lamont "understands the need for economic growth, and the huge burden he’s facing,” says Joseph Brennan, president and CEO of the Connecticut Business and Industry Association. “He’s going to need help.”
While everyone cheers the CTrail Hartford Line's potential for reducing highway traffic, opinion is mixed on how it will affect property values here.
Questions about traffic, increasing casino competition from neighboring states, and the wisdom or breaking the state compact with the tribes operating Mohegan Sun and Foxwoods remain, say several observers.
The commission's report also advocates raising the minimum wage to $15 an hour by 2022, tightening union bargaining rules and cutting state spending by $1 billion a year while adding spending in cities and on transportation.
While the county’s commercial and residential real estate markets have been sluggish, that could change as Manhattan and Brooklyn prices continue to spiral upwards, said the Federal Reserve Bank's Jason Bram.
“We will struggle to grow by zero to 1 percent," forecasts Connecticut Business & Industry Association President and CEOJoe Brennan.
Meanwhile, Comptroller Kevin Lembo said that, based on revenue and spending through Sept. 30, the state remained on track to end the current fiscal year with a $93.9 million deficit.
“I’m absolutely, thoroughly enjoying what I’m doing, and I hope I’m making a difference," McMahon told the crowd at the Country Club of Darien.
Some high marks for the outgoing governor's attempts to fix the fiscal mess he inherited ... but actual accomplishments are few, according to observers.
The April 11 event at Fairfield University was marked by audience cries of "How?" in response to generalities about fixing the economy.
Transportation revenues will take an increasing hit as gas tax funds continue to dwindle -- but selling tolls to consumers will be a tall order.
Absent a solid national economic policy for the present, Joseph Tracy said promises of rolling back regulations and the corporate tax rate are encouraging signs.