When GE and other major employers warned that onerous taxes and financial instability would make it impossible for them to stay in Connecticut, the state’s response could be described as novice at best, similar to a minor league player in a World Series game. The governor’s office made a huge faux pas when it showcased GE’s competitor’s engine in its final pitch to persuade them to stay.
This lack of seriousness was ill-advised. The prospect that GE might leave was continually predicted, and its urgency was apparent to anyone listening to the plain speech of its leadership. Jeffrey Immelt, CEO of GE stated in September: “We want to be in some place where people support job creation, which is attractive to talent, good cost of living, and it is supportive in what a high-tech exporter has to be all about."