Thomas C. Foley sharply criticized Gov. Dannel P. Malloy for using state money to pay companies to move to Connecticut or expand here, saying “bribing” businesses to stay in the state won’t work.“Governor Malloy is spending billions of dollars on what I call corporate welfare,” Foley, a Republican candidate for governor, said in an interview Monday at the Journal Inquirer. “It doesn’t work and it’s bad policy.”
Foley said he’d prefer Connecticut welcome all businesses by lowering taxes, easing regulations, and lowering energy costs. “You stop with the policies that drive people of out of the state,” he said.