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Audit suggests that Louisiana needs to revamp its economic development strategy.
Posted on 4/8/24 at 6:41 pm
Posted on 4/8/24 at 6:41 pm
quote:
The report compared the state's present strategy with 16 other Southeastern states. Eleven have either a quasi-public or nonprofit entity to either lead or support their economic development efforts. According to the report, five including Louisiana rely primarily on traditional government agencies to deliver their economic development services.
Center Square
TLDR: Auditor conducts a "Captain Obvious" study that says the state is being outperformed
15
Posted on 4/8/24 at 6:42 pm to Limitlesstigers
quote:
TLDR: Auditor conducts a "Captain Obvious" study that says the state is being outperformed
Auditor got paid how much for this "no shite" study?
Posted on 4/8/24 at 6:44 pm to Limitlesstigers
I want to do consulting for the govt when I retire. Getting paid to state the obvious feels like a pretty sweet retirement gig. 
Posted on 4/8/24 at 6:52 pm to Limitlesstigers
I once did my own study called "passing through Shreveport" and reached the same conclusion.
Posted on 4/8/24 at 6:53 pm to Limitlesstigers
If only there were a plant that we could legalize and make some money off of.
Posted on 4/8/24 at 6:56 pm to bad93ex
quote:
Auditor got paid how much for this "no shite" study?
Appeared to read the auditor was a State employee.
Posted on 4/8/24 at 7:05 pm to RealDawg
quote:It was but a lot of state studies hire outside consultants. A lot of the economic professors at LSU, Tulane, and ULL have LLCs where they can contract with local and state governments. Pearson Cross and Mike Hefner at ULL do a lot of work as "consultants " with the state and of local agencies.
Appeared to read the auditor was a State employee.
Posted on 4/8/24 at 7:12 pm to Limitlesstigers
While they aren’t telling us anything we don’t know.
Maybe they just needed it on paper to shake things up?
How is this something that gets funded when we regularly finish the worst 1 or 2 states in the country?
Maybe they just needed it on paper to shake things up?
quote:
In January, after Gov. Jeff Landry was inaugurated, his administration tasked Legislative Auditor Mike Waguespack's office with doing an evaluation of the state's economic development arm, Louisiana Economic Development.
quote:
In a response letter, Louisiana Economic Development Secretary Susan Bonnett Bourgeois wrote, "We agree that the current LED structure is an obstacle to fulfilling the agency's statutory directives and LED's stated mission 'to cultivate jobs and economic opportunity for the people of Louisiana.'" "Major changes legislatively and internally must be made if LED is to comply with the spirit of the law that established the agency some 88 years ago."
How is this something that gets funded when we regularly finish the worst 1 or 2 states in the country?
Posted on 4/8/24 at 7:13 pm to bad93ex
quote:
Auditor got paid how much for this "no shite" study?
In defense of the non-assurance auditor, much of the time I can tell when I'm just there to tell management what IT/Infosec already knows. It just needs to come from an external source. Not that anyone will do anything with it. Cause Louisiana. Government is bad enough, but LA Gov continues to find ways to make everyone but Mississippi look good.
Posted on 4/8/24 at 7:25 pm to beerJeep
quote:
If only there were a plant that we could legalize and make some money off of.
Legalize sex work as well.
Posted on 4/8/24 at 8:00 pm to OweO
quote:
Legalize sex work as well.
It's called married women that don't want to be married anymore. But you can't tax it (yet, LA will find a way.)
Posted on 4/8/24 at 8:08 pm to Limitlesstigers
Wait. We have a strategy?
Posted on 4/8/24 at 9:00 pm to Limitlesstigers
The State relies on ITEP for industrial development. I’m surprised Landry hasn’t overturned JBEs EO on allowing local municipalities to approved property tax abatements. What companies want is stability in taxation and regulatory costs. They’ll obviously take the tax cuts, but knowing their spend going in is also helpful.
Posted on 4/8/24 at 9:01 pm to Limitlesstigers
Water is wet
Posted on 4/8/24 at 9:53 pm to Limitlesstigers
Crawfish, baws. Need massive state crawfish infrastructure investment.
This post was edited on 4/8/24 at 10:00 pm
Posted on 4/9/24 at 6:50 am to Limitlesstigers
The LED of the last admin was very difficult to work with. Completely lost sightt of their purpose, which they thought was simply to have Hollywood movies shot here, even if it meant the entire subsidy left the state.
Hoping Susan can at least change that approach and to understand the point is to get a return on that investment.
Hoping Susan can at least change that approach and to understand the point is to get a return on that investment.
Posted on 4/9/24 at 7:04 am to beerJeep
quote:
If only there were a plant that we could legalize and make some money off of.
Giving more money to the government always works
That and the last thing we need is a dumber burnt out population.
Posted on 4/9/24 at 7:22 am to Limitlesstigers
We had a strategy?
Posted on 4/9/24 at 7:22 am to Limitlesstigers
Does this set the stage for Landry to sign a big money contract with a friend?
Posted on 4/9/24 at 7:27 am to Limitlesstigers
The golden age of DEI government from 2015-2023. We paid the same old clowns even more money to produce worse results than ever. The Baton Rouge Press Club is a terrorist organization whose sole mission is the destruction of Louisiana.
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