Isn't it enough with the bankruptcy already?

During the republican primary in Connecticut and now again in the general election, Tom Foley's opponents run TV commercials about how the textile company that Foley ran went bankrupt. The commercials are dishonest since they make it seem that the company went bankrupt while Foley was in charge. The truth is that Foley was gone by the time bankruptcy was filed. Even so, there is the issue of whether or not Foley was responsible for the downfall of that company. Again, the answer is no! There no longer is a textile industry in the USA. It has moved abroad where wages and costs are lower and profits are higher. No one in the textile industry was to blame. The truth is that in an efficient economic system, companies that need a large supply of semi-skilled labor move to the location where the cost of that labor is least. For many years, the cost of transporting the finished products outweighed the labor savings, but that changed as transportation costs came down. As a result, it is much less expensive to manufacture cloth in Asia than it is to do so in the US. The American companies could not survive. Blaming foley for this is like blaming him for the tide. There was nothing he could do to stop it.

I find it annoying that Dan Malloy runs these adds rather than telling us his plans for Connecticut. He has already made clear that he does not want to cut state expenditures in a meaningful way and that he sees a tax increase as the best way to go. In short, Malloy wants more of the same. He is the one who wants connecticut to go the way of Foley's old textile mill.