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ArticlesCBIA is the voice of business and industry in Connecticut. Our highly respected public policy staff writes articles regarding projects they are working on that help shape specific laws and promote a regulatory system that responds to businesses’ needs. A variety of business articles, written by CBIA staff members are posted on this site and available for the media. Unless otherwise noted, all articles are saved as PDF files. To download Adobe Acrobat click here. Global trade is a critical part of Connecticut’s future by Peter Gioia, Economist, Connecticut Business & Industry Association, June 2004 Honda, Nestle, Electrolux, Samsung and Fiskars. We’ve all heard of these international companies and their products - cars, food and candy, vacuum cleaners, electronics and scissors. But what many people don’t realize is that these well-known, well-respected foreign-owned companies also have facilities in the U.S. that offer high-quality, high-paying jobs to thousands of American workers. The reality of foreign-owned companies setting up profitable subsidiaries right here in the U.S. - employing our workers, paying taxes, getting involved in our communities, building international relations, and growing the economy and global trade in the U.S. - is often lost in the current outsourcing debate. (more) Time for better planning to create a better future by Peter Gioia, Economist, Connecticut Business & Industry Association,
June 2004 Session Ends on a Positive Note for Business By Joseph Brennan, Vice President, Government Affairs, Connecticut Business & Industry Association, May 2004 The state’s business community faced some of its strongest challenges in years during the 2004 legislative session. When the dust cleared following the May 5 close of the General Assembly, employers were relieved to find out that legislators rejected the most onerous proposals and adopted some positive bills. (complete article) Controlling long-term health-care costs by Peter Gioia, Economist, Connecticut Business & Industry Association, April 12, 2004 Demographics are a map to the future. State budget directors looking down the road at such issues as long-term care need to take a good look at demographics to plan for what’s ahead. But are all policy makers with budgetary responsibilities doing that? If they were, they would see that about 13% of Connecticut’s current population is age 65 or older, according to most recent census figures. But by 2015, that’s expected to rise to 14% and by 2025, at least 15% of people in the state will be age 65 or older. (1990 census estimate). While Medicaid provides health care services to a wide range of participants, it is mainly the elderly, through long-term care, who present the most significant spending challenge. (more) Connecticut needs global trade, not protectionism By Peter Gioia, Economist, Connecticut Business & Industry Association The economy is slowly improving in Connecticut, but job creation is lagging behind, creating anxiety for workers, who fear losing their jobs to company downsizing and to cheaper overseas labor. The Connecticut Business & Industry Association is and always has been a strong advocate of business growth and job creation in Connecticut. However, many Connecticut businesses that provide good jobs here are
under fire right now for participating in the global marketplace. Their
participation in international trade strengthens our economy and encourages
job creation here. While we need to do all that we can to keep Connecticut
jobs and encourage job growth, we can’t encourage or accept protectionist
measures that invite retaliation against these businesses. We need to
create a more competitive cost climate for businesses and effectively
enforce trade agreements so that our companies can compete on a level
playing field in the global market. State corrections needs comprehensive re-examination by Peter Gioia, Economist, Connecticut Business & Industry Association Everyone agrees that keeping the public safe from criminal offenders and helping restore offenders to lawful and productive lives are priority services of state government. But is it possible that Connecticut is spending far too much for a corrections system that’s not as efficient or effective as it should be? (more) Global trade, not protectionism, is right for Connecticut By Peter M. Gioia, Economist, Connecticut Business & Industry Association Every year, more than $8 billion of Connecticut-made products are being sold to over 200 countries across the globe. And in the past 10 years, every additional $1 billion of Connecticut exports has meant the creation of 22,000 jobs here. Clearly, global trade is offering a world of opportunity to the people of Connecticut. It’s also becoming a fact of life for many Connecticut companies that are turning to the global marketplace in order to grow their businesses – and in the process, nourish our economy and advance our quality of life. Connecticut is particularly well positioned to reap the economic benefits of the global marketplace.(more) Opinion: CBIA Applauds Administration Reversal on Steel Tariff By Peter Gioia, Economist, Connecticut Business & Industry Association The Connecticut Business & Industry Association (CBIA) applauds President Bush’s decision to lift the tariffs on imported steel. The tariffs have hurt manufacturing firms in Connecticut by increasing their cost for steel, which they use to make their products. [more] Steps to free and fair trade with China By Kenneth O. Decko, President & CEO, Connecticut Business & Industry Association Many small and midsize Connecticut companies are active in the global marketplace. International trade is of immense importance to state manufacturers and for the continued growth and development of the U.S. economy. [more] Helping Connecticut Manufacturers by Promoting Free Trade By Kenneth O. Decko, President & CEO, Connecticut Business & Industry Association Connecticut businesses are finding it increasingly more difficult to compete in the global marketplace, but in today’s economy they don’t have a choice. Businesses must participate in international trade if they want to compete and continue to grow. [more] New legislative session means new concerns for business Joseph F. Brennan, Vice President, Government Affairs, Connecticut Business & Industry Association Connecticut businesses have become accustomed to anticipating the opening of the General Assembly with a bit of trepidation. Results of recent sessions have created an atmosphere of concern over the possibility of bad things, rather than good things, happening at the Capitol. [more] Employees working more OT - Businesses need to know rules By Mark Soycher, Director, Human Resources Services and Legal Counsel, Connecticut Business & Industry Association A new workplace survey finds more employees are working overtime. The study by Circadian Technologies, an international research and consulting firm, cites data from a U.S. Bureau of Labor Statistics survey, finding that full-time U.S. salaried workers—who already put in considerably more hours at work than counterparts in other developed nations—work on average 45.8 hours per week. [more] When cupid strikes … at the office By Mark Soycher, Director, Human Resources Services and Legal Counsel, Connecticut Business & Industry Association Cupid is perched by the copier, waiting to strike. Love is in the air filtration system. How could anyone resist getting caught up in the romance of Valentine’s Day? But when love or the early dances of love strike the workplace, it could spell trouble. [more] When the weather outside is frightful By Mark Soycher, Director, Human Resources Services and Legal Counsel, Connecticut Business & Industry Association Now that our first big snowstorm has hit Connecticut, it’s a good time to take a few minutes to review your policy on attendance and pay during inclement weather. Having a written policy that’s been distributed to all employees will help everyone avoid misunderstandings and can also serve as a checklist if it becomes necessary to close your business due to the weather. [more]
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