New London's

Chris Powell: GE's exit from Conn. might be good for the state

Chris Powell: GE's exit from Conn. might be good for the state
Paying GE to stay would incur a financial loss for Connecticut. But a state that used cash grants and tax breaks to pay GE to relocate and promise to stick around for a while would gain jobs, personal-income and property-tax revenue from GE employees, and general commerce to offset the expense.