Don’t let the residue of the Great Recession get you down.
While it is true that America’s middle-class is on the ropes, unemployment remains high, sending a kid to college costs more than most people save in their entire lives, child poverty in Connecticut has gone up 50% in the last decade and the state is facing a $1 billion dollar budget deficit next year, Connecticut’s taxpayers managed to dig deep and find the money to provide one of the world’s biggest hedge fund owners, Ray Dalio, with $115 million in state funds. Meanwhile Stamford’s taxpayers learned this week that they were helping to put the whole deal together thanks to their Mayor’s decision granting a private developer access to some of the most valuable publicly owned waterfront property left in Connecticut.
In return for all this generosity, Dalio, the founder and CEO of Bridgewater Associates,
