“The future ain’t what it used to be” – Yogi Berra
This year, as in other fiscal years, Governor Dannel Malloy’s Budget guru Ben Barnes has overestimated tax receipts. “Malloy Calls For Hiring Freeze As Income Tax Collections Nose-Dive $450 Million” a recent story screams.
Such repeated miscalculations are odd, issuing from a man who not so long ago had been hit by a lightning bolt coming out of the blue. Following a painful Damascus Road unhorsing sometime back, Mr. Barnes told us that Connecticut would in the future have to get used to repetitive deficits – because the state’s economy was under-performing. After the fourth murder, even an amateur detective might begin to suspect a pattern had begun to develop and rule out happenstance.