Gov. Dannel P. Malloy said Monday he's worried about a possible double-dip recession.
Asked whether he was "worried" that we're headed toward a "double-dip" recession, the governor said, "Sure."
"The only thing worse than a very slow recovery, which is what we're in, is a double-dip recession," he said.
Could it be a reality?
"I think, based on Republican policy-making in the Congress, it is increasingly a possibility," he said during a Monday afternoon visit to Avalence LLC, a hydrogen-energy system firm in Milford.
The governor noted the economic difficulties worldwide, including in Italy, Spain, Portugal, Ireland and Greece.
"There's a lot of pressure out in the system," he said.
That's why U.S. Treasury bonds have not risen in price, he said. But he maintained they remain strong investments.
"People are looking at what's happening in Europe and saying, 'For long-term investment purposes, we'll have those treasuries in our portfolio."