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Wed March 13, 2013
Governor Malloy and Catherine Smith Discuss Economic Incentives
Governor Dannel Malloy’s popularity is at an all-time high, jumping five points in a new poll to 48 percent. What do people like about the job the governor’s doing? Well, they say he’s good in a crisis...and he’s had plenty of those to deal with.
They’re less pleased with his handling of the state budget and tax policy.
A big part of his time in office has been spent trying to overhaul the state’s economy - investing millions in programs like “First Five” - which promises incentives to certain companies that create new jobs.
Joseph Brennan from the Connecticut Business & Industry Association acknowledges Malloy’s support is split on this effort, too. Brennan says Malloy is in a "damned if you do, damned if you don't" situation.
"There’s a lot of criticism over certain programs but on the other hand, if you don’t have competitive economic programs and lose companies to other states, then you get criticized for that," Brennan added.
Today, our monthly sit down with Governor Malloy - and his commissioner of Economic and Community Development, Catherine Smith.