A new “diagnostic” report takes a stark look at the challenges Connecticut faces when it comes to economic competitiveness. The data-driven Connecticut Economic Competitiveness Diagnostic was presented to the state Commission for Economic Competitiveness earlier this month and outlines significant hurdles Connecticut needs to overcome to increase job growth.
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After almost 15 years of a disappointing economy, it’s easy to get pessimistic. Incomes for the middle class and poor have now been stagnating over a two-term Republican presidency and well into a two-term Democratic one. The great wage slowdown of the 21st century has frustrated Americans, polls show, and raised serious questions about what kind of policies, if any, might change the situation. Yet if you look around the world, you can find reasons for hope.