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by lotsofpulp
2005 days ago
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CT has a different problem, they kicked the labor expenses 30 to 50 years into the future via underfunded defined benefit pension benefit, retiree healthcare, and other deferred compensation. They don’t have a tier 1 city which people are willing to pay a premium to live in, and the taxpayers today are balking at paying for labor performed decades ago. I’d be wary of starting a business subject to a relatively deeply indebted government if I had other options. |
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