Rhode Island has come out of the briar patch in good order, and the Providence Journal has a piece of advice for Connecticut : “Rhode Island's landmark pension reforms were painful for many — the retirement age for state workers had to be raised, and they were forced to contribute more toward their retirement, for example. But the changes were wholly necessary. For a picture of the path not taken, look no further than Connecticut... “Barring serious pension reform, Rhode Island-style, Connecticut faces a grim future. The state could end up raising taxes — already among the nation’s highest — to cover the pension costs, thereby harming economic activity and encouraging businesses and families to settle elsewhere. The departure of industrial giant General Electric for Boston does not portend well. Or, the state could end up eating its seed-corn, starving important functions such as schools and roads to pay state workers who in many cases retired decades ago. Neither is a...
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