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re: Did JBE create the financial shortfall?

Posted on 2/12/16 at 11:04 am to
Posted by LSU GrandDad
houston, texas
Member since Jun 2009
21564 posts
Posted on 2/12/16 at 11:04 am to
quote:

oil and gas, which we are completely dependent on


that is simply not true. Louisiana has a state income tax and rather high business taxes. and, we can't forget the sales taxes.

I lived in Tennessee and florida, neither had an income tax or oil and gas revenues. go figure.

SPENDING is the problem. the restriction in the constitution is the problem.

I know nothing about this governor except that he INHERITED this mess. that, and many voters HATE HIM because he's a democrat.
Posted by jonboy
Member since Sep 2003
7138 posts
Posted on 2/12/16 at 11:05 am to
When are all of the local governments & school boards shutting down?
Posted by Jwho77
cyperspace
Member since Sep 2003
76672 posts
Posted on 2/12/16 at 11:08 am to
quote:

I know nothing about this governor except that he INHERITED this mess.


He was part of the state legislature and therefore part of the mess the whole time.

quote:

SPENDING is the problem. the restriction in the constitution is the problem.


Do you think JBE really wants to attack spending OR the protections on many parts of the budget by addressing the constitutional issues?

quote:

many voters HATE HIM because he's a democrat.


Because he is a democrat who will not address the spending problems and has already used the "we will close schools and take away your college football" card to scare people into more taxes.
Posted by Jake88
Member since Apr 2005
68266 posts
Posted on 2/12/16 at 11:09 am to
quote:

It's not scare tactics of reality is this freaking scary. We had eight years of a Governor who didn't raise taxes, and also didn't cut spending.



What???
The la budget is 24.5 billion and was 27 billion when Jindal took office in 2008.

In DC that would be called an 800+% budget cut.
Posted by dinosaur
Louisiana
Member since Aug 2007
1091 posts
Posted on 2/12/16 at 11:11 am to
While there is an awful lot of blame to go around, continuing to say one person or one group did it all alone is at least counterproductive. Jindal had an agenda but so did others. Who stopped some of the attempts to close SUNO and some of the unneeded schools? Did the legislature get a backbone and say we need to raise taxes or we will be in a hole in a year or so? There are lots of dirty hands in this, together with some bad luck with oil.

But we are unquestionably in a mess. Yes, I think that stopping the payment of the tops money was a grandstanding attempt to get people's attention, as was talking about no football, but the gov's limited agenda for a special session and his decision to get into the expanded medicaid makes me suspicious that this is pretty much national style politics brought home. Sort of the no crisis should be wasted attitude, and fix it the way you want but not necessarily the best way for all. If he is in good faith, a good place to start is by cutting his own and his cabinet salaries. Show that he is willing to give up something like the rest of us will need to do. I think that in the short term, there is no choice but to cut somewhere by a lot and probably a sales tax, which could be quickly implemented. Long term, we need to rewrite the constitution, partly to cut back the governor's power and partly to get rid of the mandates.

edited for typo
This post was edited on 2/12/16 at 11:13 am
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
27534 posts
Posted on 2/12/16 at 11:21 am to
quote:

SPENDING is the problem. the restriction in the constitution is the problem.

I know nothing about this governor except that he INHERITED this mess. that, and many voters HATE HIM because he's a democrat.



This, mostly. Kennedy said last night that the state should scrap the tax code and write a new one that looks like it was written on purpose. If education and health care are the only things in the budget that can be touched, why? Maybe it's time for anew state constitution....but then the assessors would get involved and scare people by saying that their homestead exemptions are in peril.

The two things that suck the most in the state are the things that can be gutted the most.
Posted by SaturdayTraditions
Down Seven Bridges Rd
Member since Sep 2015
3284 posts
Posted on 2/12/16 at 11:22 am to
quote:

1,000,000 - that's a million. that's .1% of the amount of shortfall we have. I would have to print that out 3,000 times to get to 4 billion.


I know what you are trying to say here but your math skills didn't work out. I hope that your finger just slipped and hit the "4" instead of the "3" when you said 4 billion.

1,000,000
x 3,000
3,000,000,000 (not 4 Billion)
Posted by SaturdayTraditions
Down Seven Bridges Rd
Member since Sep 2015
3284 posts
Posted on 2/12/16 at 11:24 am to
quote:

condescending monkeydick


Dibs on new screenname!
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
27534 posts
Posted on 2/12/16 at 11:31 am to
quote:

Psychopathic Jindal and the other R's never could balance the budget which left Louisiana in a financial shite hole.




No, I'm no fan of Jindal, but this mess would have happened no matter who was in office. The state was basing it's budget on the price of a barrel of oil running somewhere around $60.00....well, they did not count on it being under 30.00 a barrel....that's a big hit on the royalty payments which does account for quite a bit of money.

That being said, the people of the state will bitch and moan about the thieves and freeloaders in the state, but to be honest, the powers that be have never really thought all that highly about having an educated populace . The voting public thinks it can get optimal governmental performance on less than optimal revenues for the services that they expect....then they bitch about it.
Posted by Purplehaze44
Member since Jun 2015
1432 posts
Posted on 2/12/16 at 11:32 am to
quote:

that is simply not true. Louisiana has a state income tax and rather high business taxes. and, we can't forget the sales taxes.

We have rather high business taxes because of the huge oil and gas market here. Yes it charges other things too but our economy and our state spending both rely heavily on oil and taxing oil. It works fine most years but you also have to be able to plan to not spend as much when they're down because you won't make as much.

quote:

SPENDING is the problem. the restriction in the constitution is the problem.


I agree, but cutting spending should not affect education, which has proven time and time again to have immediate returns on investment both economically and in the overall well being of our state. Yet education and healthcare are the only two fields not protected in the constitution from cuts. Go figure.
Posted by TigerBait1127
Houston
Member since Jun 2005
47336 posts
Posted on 2/12/16 at 11:36 am to
Y'all should look up the natural gas severances and tax breaks. Lots of money left on the table there
Posted by Purplehaze44
Member since Jun 2015
1432 posts
Posted on 2/12/16 at 11:38 am to
quote:

The la budget is 24.5 billion and was 27 billion when Jindal took office in 2008.

In DC that would be called an 800+% budget cut.


Okay I'll rephrase to didn't cut enough spending. And many of the cuts he did make were to higher ed and healthcare. They weren't cuts that promote healthy government, a healthy economy, or a healthy constituency.
This post was edited on 2/12/16 at 11:39 am
Posted by jrodLSUke
Premium
Member since Jan 2011
22158 posts
Posted on 2/12/16 at 11:39 am to
quote:

We had eight years of a Governor who didn't raise taxes, and also didn't cut spending.

This is an outright lie.

And it is pretty typical to hear these types of lies as they are the narratives being driven by democrats, media and unions.

The fact is, of the governors that have run for president in this cycle, only Jindal cut spending.

Posted by SaturdayTraditions
Down Seven Bridges Rd
Member since Sep 2015
3284 posts
Posted on 2/12/16 at 11:45 am to
quote:

From a college /university stand point, Louisiana has entirely too(FIFY) many 4 year college's. Look at the number of junior colleges our neighbors have. They are operated at a much cheaper rate and allows students to get their BS classes out of the way. Tennessee is making JC tuition free for in state students and they do not have a state tax. Maybe we should elect some of them down here, instead of all the idiots we have, Democrats and Republicans! !!


While TN doesn't have a a typical state income tax, it does have other revenue streams. Tennessee state government does not impose tax on wages earned but rather, taxes individuals on dividends and bond interests if the total amount exceeds $1250 for single filers ($2500 for married couples) it is called a Halls Tax. The tax rate is 6% I believe.

Additionally they still have a state corporate income tax, and tourism brought in $3.8 billion just last year. There is a tourism tax in the state that offsets the personal income tax that we pay in Louisiana. The towns of Gatlinburg and Pigeon Forge alone bring in the majority of that. As for the free JC, it is essentially set up like TOPs is. Make the grades in the correct courses in High School, and get state paid tuition. Note that I did not say "free" tuition. However, since they limit it to 2 year colleges, they are saving money compared to TOPS since we pay for all four years.

Edited to fix a typo!
This post was edited on 2/12/16 at 11:54 am
Posted by dewster
Chicago
Member since Aug 2006
25358 posts
Posted on 2/12/16 at 11:51 am to
Why would JBE expand the medicaid rolls by 300,000 before eliminating TOPS?

Posted by tiger91
In my own little world
Member since Nov 2005
36707 posts
Posted on 2/12/16 at 11:54 am to
Someone posted on poli board that the state spending per capita is more than the federal spending in Louisiana. By like $400. If that was decreased to the federally spent amount their numbers showed a balanced budget.

QUIT THE SPENDING. And change it I think so that everything can be cut by "x" %!!

In my mind it's not that hard. Why should two departments always get the brunt? And yes I'm pissed still mostly because of the no work requirement for food stamp recipients. That's just awful. They could at least try to look for a job ... How about we cut out other handouts??
Posted by GeeOH
Louisiana
Member since Dec 2013
13376 posts
Posted on 2/12/16 at 11:56 am to
quote:

lived in Tennessee and florida, neither had an income tax or oil and gas revenues. go figure.



But if you cut Florida's tourism revenue by 70%, what would happen?
O&G to LA is what tourists are to Fla
Posted by member12
Bob's Country Bunker
Member since May 2008
32096 posts
Posted on 2/12/16 at 11:59 am to
quote:

QUIT THE SPENDING. And change it I think so that everything can be cut by "x" %!!


This new governor actually expanded medicaid. That's a massive increase in spending.
This post was edited on 2/12/16 at 11:59 am
Posted by louby
Baton Rouge, LA
Member since Jul 2007
334 posts
Posted on 2/12/16 at 12:00 pm to
Fact: The state only has enough money coming in earmarked to fund education to cover current operating costs (payroll at public schools) through April 30th - June 30th timeframe.

The reason this window is large is that even though payroll is relatively easy to figure out, state tax revenue fluctuates with the free market pricing and economic activity (how well businesses are doing, oil prices, etc).

It's easy enough for the High Education Commissioner to look at the numbers and say at current estimates we will effectively run out of money after April 30th, or soon after.

How is this a "scare" tactic? It's true...if you knew where to look up the budget figures you could do the math yourself. Telling the people the truth is not a scare tactic...it's scary all by itself. But it's real, VERY real.

Since the economy and oil prices are so low and there is no reserves to fall back on...more revenue is needed. You can't just cut your way to a solution because the layoffs necessary to self sustain on the money coming in would mean effectively everyone would lose one or more teachers or classes giving them incompletes. The only option is MORE REVENUE.
Posted by FavoriteAnon
Baton Rouge
Member since Jan 2015
345 posts
Posted on 2/12/16 at 12:06 pm to
It appeared to me that JBE was trying to be honest with the people of the state and educate them on how serious this deficit is. What he said about closing of LSU was that if there was no action in this legislative session THEN it would not make payroll through April 31, effectively shutting down the school and making student athletes ineligible next season. I don't believe he was "lying" or making any "threats", like it or not those are facts. Now, will that actually happen? No. LSU will not be shut down. Was it a scare tactic? I can definitely understand how it could be seen that way, because there is no way that this legislative session would allow for the school to shut down, and to digress into football was not necessary. Did JBE create the financial shortfall? Obviously he didn't do it by himself, but he was a member of the legislature who put us in this position soo I'd say yes.
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