Hartford Business Journal (HBJ) does not anticipate a quick resolution to the nation’s very first intentional recession. A recession, as everyone knows, is a business slowdown accompanied by predictable after effects: unemployment, an increase in welfare rolls, a reduction in Gross Domestic Product (GDP), a consequent reduction in national and state revenues, and political caterwauling among politicians jockeying for political position. Recessions in Connecticut have been extraordinarily long-lived. It takes the state about ten years to recover from recessions. Connecticut has yet to recover total jobs lost from the most recent recession, which ended elsewhere in the country in June 2009. “Hartford County’s economy,” HBJ reports, “is projected to experience an 18.3% contraction in the second quarter, equivalent to a $3.9-billion economic loss, StratoDem Analytics data shows.
go home from us in peace. We seek not your counsel or your arms. Crouch down and lick the hand that feeds you;
may your chains set lightly upon you, and may posterity forget that ye were our countrymen!"
--Samuel Adams