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How can LA lure new industry to the state?
Posted on 3/1/17 at 12:40 pm
Posted on 3/1/17 at 12:40 pm
Given the recent thread on LA being shitty, it's depressing to see the acceptance among people that live there. I live in Houston like half of the people that graduate from LSU, but don't have much flexibility geographically in terms of my career path so I can't come back yet, but would like to. That said, I've been pretty impressed with how large and prestigious the medical industry is here, and how its stability has kept the city mostly immune from the cyclicality of being otherwise so levered to energy.
I thought the USNWR article was bullshite (lol at where TX and GA were ranked for opportunity). But I do think the state needs to expand beyond Energy (structurally disadvantaged due to GoM exposure), and LNG (perhaps staring at a bubble here).
Is it feasible for us to eventually make this state better off by attracting another anchor industry to our economy? Maybe have BR emulate Nashville with its medical industry? I know Jindal had tried with the tech industry as well. How do we MLGA, OT?
I thought the USNWR article was bullshite (lol at where TX and GA were ranked for opportunity). But I do think the state needs to expand beyond Energy (structurally disadvantaged due to GoM exposure), and LNG (perhaps staring at a bubble here).
Is it feasible for us to eventually make this state better off by attracting another anchor industry to our economy? Maybe have BR emulate Nashville with its medical industry? I know Jindal had tried with the tech industry as well. How do we MLGA, OT?
This post was edited on 3/1/17 at 12:43 pm
40
Posted on 3/1/17 at 12:41 pm to Lou Pai
hang the plaintiffs' lawyers and I expect industry to flood into the state
Posted on 3/1/17 at 12:41 pm to Lou Pai
quote:
How can LA lure new industry to the state?
Find a way to make Texas disappear.
Posted on 3/1/17 at 12:41 pm to Lou Pai
quote:
How can LA lure new industry to the state?
Have to something about the crime and prison system in this state
Posted on 3/1/17 at 12:42 pm to Lou Pai
Get rid of the corrupt arse politicians and the good ole boy system and then we'll start to rise.
Posted on 3/1/17 at 12:43 pm to Lou Pai
M(L)AGA!
Posted on 3/1/17 at 12:45 pm to Lou Pai
Other than maybe a tax break or proximity to the gulf or mississippi river, why would large companies want to be here? Everything in that recent ranking of states is true.
Posted on 3/1/17 at 12:45 pm to Lou Pai
Tort reform
Massive road improvements
Massive reductions in violent crime
Massive quantum leas in education.
Get at least 2 and they will come.
Massive road improvements
Massive reductions in violent crime
Massive quantum leas in education.
Get at least 2 and they will come.
Posted on 3/1/17 at 12:45 pm to Lou Pai
Fix them damn roads
Posted on 3/1/17 at 12:45 pm to Lou Pai
Business operates off bottom lines. It costs too much to locate any major industry in La. Most progressive states will give a fair amount of 'kickbacks' to major industry in return for growing economy, jobs, and bettering communities. La does the opposite of this.
This post was edited on 3/1/17 at 12:47 pm
Posted on 3/1/17 at 12:45 pm to TigerFanInSouthland
quote:
Get rid of the corrupt arse politicians
You can smell the corruption in Louisiana
Posted on 3/1/17 at 12:49 pm to Lou Pai
What did southern states like SC AL and GA do to attract auto manufacturing to their states, why did LA not do this, and has this been good for those states and small metro areas? I'm interested in that and don't know much about it and what those areas had to do to get them
I think under this administration there will be an opportunity to pick up *some* new manufacturing industries and jobs. Creating the right business environment for it will be important though.
I think under this administration there will be an opportunity to pick up *some* new manufacturing industries and jobs. Creating the right business environment for it will be important though.
Posted on 3/1/17 at 12:50 pm to Lou Pai
Tesla has stated they would like to build another gigafactory in the US. So far rumors have it in possibly virginia,maryland, that region. The one in nevada to this point has created 1000+ jobs already and will be 10k good paying jobs when fully ramped up soon.
Louisiana has a ton of cheap land, and could lure Tesla in if they put together the right incentives. I would assume labor costs down south would be alot cheaper than maryland or virginia.
Louisiana has a ton of cheap land, and could lure Tesla in if they put together the right incentives. I would assume labor costs down south would be alot cheaper than maryland or virginia.
Posted on 3/1/17 at 12:53 pm to Lou Pai
The tax incentives definitely worked in bringing big budget movie projects to LA but at what cost? I think we'll have to bite the bullet and provide these kind of cuts to different industries to get them to LA. Without it, what's the draw?
Posted on 3/1/17 at 12:57 pm to Lou Pai
If were being honest here, Louisiana is too far gone now. It would take decades to get the required population educated enough to support any type of IT/Engineering that is not Petro/Mech.
You can say that La can attract these types of STEM individuals to the state through legislation, but when is the last time you ever saw anything come out of Baton Rouge that made anyone scream "DAMN IM MOVING BACK HOME!".
Louisiana has too many folks wanting handouts and all the folks that wise up to it (the ones who are paying the bill) are leaving for greener pastures. Not to mention La is sitting in TX shadow in just about everything imaginable. It takes me 1hr 15 min on a plane from DFW to MSY to visit the family. I am not the only one who sees it that way.
You can say that La can attract these types of STEM individuals to the state through legislation, but when is the last time you ever saw anything come out of Baton Rouge that made anyone scream "DAMN IM MOVING BACK HOME!".
Louisiana has too many folks wanting handouts and all the folks that wise up to it (the ones who are paying the bill) are leaving for greener pastures. Not to mention La is sitting in TX shadow in just about everything imaginable. It takes me 1hr 15 min on a plane from DFW to MSY to visit the family. I am not the only one who sees it that way.
Posted on 3/1/17 at 12:58 pm to Lou Pai
Tax Breaks
And then once they're here we can start slowly taxing them and reneging on our promises so they start to leave systematically. (much like film industry)
And then once they're here we can start slowly taxing them and reneging on our promises so they start to leave systematically. (much like film industry)
Posted on 3/1/17 at 12:59 pm to Lou Pai
Ridiculous tax incentives (like we had with film) are the only thing that will work IMO.
Posted on 3/1/17 at 1:02 pm to Lou Pai
if we can get reduce the extremely high tariffs set on US manufacturing when sending goods internationally, LA would be able to serve as a manufacturing/distribution hub in getting these goods out; using New Orleans and other ports along the Mississippi to the gulf
Posted on 3/1/17 at 1:03 pm to Sterling Archer
One thing we do have going for us is a cheap cost of living, along with some positive aspects of culture. But outside of that, not much else.
I think we need to start by targeting 1-2 specific industries, because there seems to be a compounding effect that translates into more jobs, a bigger tax base, and improvements in quality of life elsewhere. In other words, what did Nashville have outside of country music a couple of decades ago? Now it's thriving and diverse.
I think we need to start by targeting 1-2 specific industries, because there seems to be a compounding effect that translates into more jobs, a bigger tax base, and improvements in quality of life elsewhere. In other words, what did Nashville have outside of country music a couple of decades ago? Now it's thriving and diverse.
Posted on 3/1/17 at 1:04 pm to GreatLakesTiger24
R
i know the film credits were costing the state money, but was an analysis done comparing the cost to the state v. the financial benefits to ALL parties involved with the filming?
Seems many businesses were positively impacted. Just wondering if those benefits were measured against the state's expense?
quote:
idiculous tax incentives (like we had with film) are the only thing that will work IMO.
i know the film credits were costing the state money, but was an analysis done comparing the cost to the state v. the financial benefits to ALL parties involved with the filming?
Seems many businesses were positively impacted. Just wondering if those benefits were measured against the state's expense?
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