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Connecticut Faces Economic Crossroads: CBIA President Sounds Alarm

  //food-wine.news-articles.net/content/2026/02/13 .. omic-crossroads-cbia-president-sounds-alarm.html
  Published in Food and Wine on Friday, February 13th 2026 at 23:18 GMT by inforum
      Locales: Michigan, UNITED STATES

Hartford, CT - February 14th, 2026 - Connecticut finds itself at a pivotal moment. A recent conversation with David McKinney, president of the Connecticut Business and Industry Association (CBIA), paints a picture of an economy grappling with familiar challenges, but also brimming with untapped potential. The discussion, led by InForum's Michael J. Farrell, underscores the urgent need for strategic investment in workforce development, a re-evaluation of the state's tax structure, and a comprehensive modernization of its infrastructure. This isn't simply about economic growth; it's about ensuring Connecticut remains a competitive and desirable place to live and work in the 21st century.

McKinney's assessment reveals a state facing persistent hurdles in attracting and retaining a skilled workforce. The ongoing "Great Resignation" - which continues to reverberate even in 2026 - has exacerbated existing skill gaps, particularly in advanced manufacturing, healthcare, and technology. Traditional four-year college degrees are no longer sufficient to meet the evolving demands of the job market. The CBIA advocates for a significantly expanded focus on vocational training, apprenticeships, and partnerships between businesses and educational institutions. These programs must be agile, responsive to industry needs, and accessible to all Connecticut residents, including those from underserved communities. A key component, McKinney stresses, is dismantling the stigma often associated with vocational careers, highlighting the high earning potential and job security they offer.

However, a skilled workforce is only half the battle. Connecticut's tax climate remains a significant deterrent for businesses looking to establish or expand within the state. The conversation highlights the burden of high property taxes, corporate taxes, and a complex regulatory environment. While acknowledging the need for state revenue to fund essential services, McKinney argues that the current system is unsustainable and actively discourages investment. The CBIA is proposing a phased approach to tax reform, focusing on simplification, predictability, and a gradual reduction in the corporate tax rate to align with neighboring states like Massachusetts and Rhode Island. He emphasizes that a competitive tax climate isn't about giving handouts to businesses; it's about creating a level playing field that allows them to thrive and create jobs.

The need for infrastructure improvements is equally pressing. Connecticut's transportation network, particularly its rail and highway systems, is aging and congested. This not only hinders economic activity but also impacts the quality of life for residents. The ongoing debate surrounding highway tolls - a contentious issue in recent years - underscores the difficulties in securing funding for critical infrastructure projects. McKinney proposes a multi-faceted approach, combining federal infrastructure funding, public-private partnerships, and a careful prioritization of projects based on their economic impact and long-term sustainability. Investing in public transportation, particularly expanding rail service, is seen as crucial for connecting urban centers and attracting a younger, more mobile workforce. Beyond transportation, upgrades to the state's digital infrastructure - including broadband access - are also essential for supporting remote work and fostering innovation.

Attracting and retaining talent, as McKinney points out, isn't solely about jobs and salaries. It's about creating a vibrant and attractive quality of life. This includes access to affordable housing, quality schools, thriving arts and culture scenes, and recreational opportunities. Connecticut's high cost of living, particularly housing, remains a major challenge. Addressing this requires a combination of policies, including incentivizing the development of affordable housing units and streamlining the permitting process for new construction. Furthermore, fostering a welcoming and inclusive environment for all residents is paramount.

The CBIA president repeatedly emphasizes the importance of collaboration between the public and private sectors. He argues that meaningful economic progress requires a shared vision and a willingness to compromise. "We need to move beyond partisan politics and focus on what's best for the long-term health of the state," McKinney stated. This collaboration should extend beyond government and business to include educational institutions, labor unions, and community organizations. A unified approach is essential for addressing the complex challenges facing Connecticut and capitalizing on its inherent strengths - a highly educated workforce, a strategic location, and a rich history of innovation.

The path forward isn't easy, but the conversation with David McKinney offers a clear roadmap for Connecticut's economic future. It's a future built on investment, innovation, and a commitment to creating a state where businesses can thrive and residents can prosper.