- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: WSJ: 'The South’s Economy Is Falling Behind: ‘All of a Sudden the Money Stops Flowing’'
Posted on 6/11/19 at 10:08 am to LSUFanHouston
Posted on 6/11/19 at 10:08 am to LSUFanHouston
quote:
The South is urbanizing. These small towns lose their paper mill and have nothing left going for it, so the residents have to move to where the new jobs are, which are increasingly along waterways and in big cities.
But the people don't move because the welfare system will pay them to sit right where they are and just keep popping out f&%k trophies, or they're employed by the local government which is funded almost exclusively by speeding tickets and state government largess. It's time to cut the cord and let these cities sink or swim on their own and stop paying poor people to exist.
This post was edited on 6/11/19 at 10:09 am
3
Posted on 6/11/19 at 10:30 am to kingbob
They are more than welcome to come check the economy in swla. I wanna see anyone say it is falling behind lol.
Only thing hurting swla is infrastructure and housing prices but both of those are symptoms of a booming economy.
Only thing hurting swla is infrastructure and housing prices but both of those are symptoms of a booming economy.
Posted on 6/11/19 at 10:34 am to lsu777
quote:
They are more than welcome to come check the economy in swla. I wanna see anyone say it is falling behind lol.
Lake Charles is the only metro area in Louisiana with a growing economy each of the last 3 years. They've been experiencing 12-15% GDP growth while the state as a whole had negative growth 2 years in a row before finally getting about 1% growth last year. Lake Charles is literally keeping the state in the black right now.
Posted on 6/11/19 at 10:43 am to kingbob
quote:
Lake Charles is literally keeping the state in the black right now.
i keep bringing this up, especially when people want to shite on LC
freefall wouldn't describe LA if LC wasn't utterly booming right now
Posted on 6/11/19 at 10:44 am to lsu777
quote:
Only thing hurting swla is infrastructure and housing prices but both of those are symptoms of a booming economy.
i was talking about this yesterday but i think those prices are past the peak and will be falling
Posted on 6/11/19 at 10:51 am to kingbob
quote:
But the people don't move because the welfare system will pay them to sit right where they are and just keep popping out f&%k trophies, or they're employed by the local government which is funded almost exclusively by speeding tickets and state government largess. It's time to cut the cord and let these cities sink or swim on their own and stop paying poor people to exist.
Is this more in big cities or rural towns? I admit I don't know much about the welfare situation in these small rural towns.
Posted on 6/11/19 at 10:59 am to SlowFlowPro
I saw your post yesterday and agree 100%. The 150-225k range will remain elevated for a while longer but the other areas are already starting to see a small correction.
Posted on 6/11/19 at 11:04 am to BhamDore
quote:
draconian conservative policies at the state level will always keep the Southern states at the bottom
Posted on 6/11/19 at 11:11 am to LSUFanHouston
Pretty much, what is happening is two things
Wealthy eastern seaboard cities are seeing massive growth but COL is outpacing that growth and people are not experiencing the real world wage growth. This has lead to a lot of complaining but the biggest issue is people making 50-75k are not willing to leave the city to areas that are more friendly COl wise and pay roughly the same.
Other problem is in rural towns, there has been no real growth outside of coastal areas with existing infrastructure. The small Mills are leaving because they can not compete. Once the Mills leave the town experiences a brain drain and a drain on businesses that served the Mills and factories but not directly. People that work/worked in these type of businesses are not very likely to move, instead preferring to stay home and receive government assistance. North LA is a perfect example of this, especially the Bastrop/Monroe area.
Bottom line economy is shifting to dramatically to those with education/skilled and are willing to relocate. Those that are not willing to do this will be left behind and many will become jaded. This is a traditional shift to a more technologically driven economy.
Now there will always be a place for those that are not formally educated but come from the so called school of hard knocks so long as those people are willing to outwork anyone and everyone that gets in their way.
The days of going to work for a small factory as a line worker and working 40 years and receiving a pension is gone.
Wealthy eastern seaboard cities are seeing massive growth but COL is outpacing that growth and people are not experiencing the real world wage growth. This has lead to a lot of complaining but the biggest issue is people making 50-75k are not willing to leave the city to areas that are more friendly COl wise and pay roughly the same.
Other problem is in rural towns, there has been no real growth outside of coastal areas with existing infrastructure. The small Mills are leaving because they can not compete. Once the Mills leave the town experiences a brain drain and a drain on businesses that served the Mills and factories but not directly. People that work/worked in these type of businesses are not very likely to move, instead preferring to stay home and receive government assistance. North LA is a perfect example of this, especially the Bastrop/Monroe area.
Bottom line economy is shifting to dramatically to those with education/skilled and are willing to relocate. Those that are not willing to do this will be left behind and many will become jaded. This is a traditional shift to a more technologically driven economy.
Now there will always be a place for those that are not formally educated but come from the so called school of hard knocks so long as those people are willing to outwork anyone and everyone that gets in their way.
The days of going to work for a small factory as a line worker and working 40 years and receiving a pension is gone.
Posted on 6/11/19 at 11:20 am to lsu777
quote:
Other problem is in rural towns, there has been no real growth outside of coastal areas with existing infrastructure. The small Mills are leaving because they can not compete. Once the Mills leave the town experiences a brain drain and a drain on businesses that served the Mills and factories but not directly. People that work/worked in these type of businesses are not very likely to move, instead preferring to stay home and receive government assistance. North LA is a perfect example of this, especially the Bastrop/Monroe area.
Basically this. I can count on the fingers of one hand the kids in my HS class who stayed. There are a few wealthy residents-doctors, lawyers, or people with inherited wealth, and a large underclass, both black and white. The middle class-all those small business owners and skilled blue collar workers, the ones who formed the backbone of the community-gone with the wind. They died or moved away. Their kids and grandkids live in Dallas, Houston, Atlanta.
Posted on 6/11/19 at 11:22 am to LSUFanHouston
quote:
Is this more in big cities or rural towns? I admit I don't know much about the welfare situation in these small rural towns.
It's in both, and the cultures are very very similar no matter what color they are.
Posted on 6/11/19 at 11:27 am to LSUFanHouston
quote:
I admit I don't know much about the welfare situation in these small rural towns.
My uncle owns some Piggly Wigglys in our hometown and a couple of nearby towns in rural Alabama. The majority of the $$ he takes in is WIC/EBT, and he does a ton of check cashing. The biggest portion of non-Govt money he brings in is selling big grocery orders to barges on the Tombigbee. He also can't find any workers because it's easier to stay home and collect the check, and as far as managers go there are fewer and fewer people in the towns to take that job, it's usually someone commuting from Meridian or Tuscaloosa
Posted on 6/11/19 at 11:30 am to kingbob
Yeah despite what some might think, it is not a race issue. It is an issue of those that going back all the way to elementary school decided they were too for school and as sfp calls them decided to be "class disruptor's" they are the same kids that sat there picking there nose during test and we're told "it's ok baby, the world needs ditch diggers too"
The same kids grow up and are suddenly surprised to be digging ditches as a living.
The above is a slight exaggeration of course but it is pretty close.
Many are not willing to move we're the jobs are, they refuse to move to areas that have unskilled jobs or a growing economy in general. They stay because it is home and that is more important and they live pay check to pay check if they are lucky with government supplementing the rest of their income.
All you have to do is drive to Alexandria and north to see this. Go to opelousas, go to Bastrop, any other place in Louisiana that is rural and doesn't have any type of petrochemical business to fall back on.
The same kids grow up and are suddenly surprised to be digging ditches as a living.
The above is a slight exaggeration of course but it is pretty close.
Many are not willing to move we're the jobs are, they refuse to move to areas that have unskilled jobs or a growing economy in general. They stay because it is home and that is more important and they live pay check to pay check if they are lucky with government supplementing the rest of their income.
All you have to do is drive to Alexandria and north to see this. Go to opelousas, go to Bastrop, any other place in Louisiana that is rural and doesn't have any type of petrochemical business to fall back on.
Posted on 6/11/19 at 11:31 am to fallguy_1978
quote:
It kind of loses credibility to me when they selectively choose what's the South.
Florida absolutely is . . .
Posted on 6/11/19 at 11:46 am to lsu777
quote:
The same kids grow up and are suddenly surprised to be digging ditches as a living.
They're not even digging ditches, that's the problem. They're not doing anything but living off the government, stealing shite, and dealing drugs.
quote:
Yeah despite what some might think, it is not a race issue. It is an issue of those that going back all the way to elementary school decided they were too for school and as sfp calls them decided to be "class disruptor's" they are the same kids that sat there picking there nose during test and we're told "it's ok baby, the world needs ditch diggers too"
The reason they don't care about school is because it literally is worthless to them. School teaches them nothing they need to know. They don't need a job to live. They don't need to study to get good grades so they can get into college. School is literally a waste of time for someone who plans on living off the government and selling drugs. Until school produces value for people on the entitlement lifestyle or until the entitlement lifestyle is eradicated, those people will never value education or work, because neither of those things produce any value for them.
This post was edited on 6/11/19 at 11:50 am
Posted on 6/11/19 at 12:04 pm to jbraua
quote:
It kind of loses credibility to me when they selectively choose what's the South.
Florida absolutely is .
The panhandle, where Florida State is located, is southern, but the peninsula within 30 miles of the coast, isn't.
Posted on 6/11/19 at 1:47 pm to ExtraGravy
Natchez was a poor example for this article to use. By all accounts I heard they intentionally ran off much of the blue-collar businesses they had in order to pursue the tourism angle more heavily.
I personally think it was a terrible idea and that the town has suffered greatly due to it, but that is neither here nor there.
I’ll be interested to see how the Upper Mississippi River towns develop/attract business in the coming years.
I personally think it was a terrible idea and that the town has suffered greatly due to it, but that is neither here nor there.
I’ll be interested to see how the Upper Mississippi River towns develop/attract business in the coming years.
Posted on 6/11/19 at 2:16 pm to ExtraGravy
Has more to do with the upper Midwest/rust belt union states becoming more republican and passing right to work laws.
Michigan is now a right to work state. This stopped the moving of manufacturing to the south. Also agriculture has been shite the past few years so that hurts as well
Michigan is now a right to work state. This stopped the moving of manufacturing to the south. Also agriculture has been shite the past few years so that hurts as well
Posted on 6/11/19 at 6:46 pm to slackster
Such as what? If states knew they would fail w/o help from Uncle Sam, they would clean up their acts real quick. Sort of like the issue of giving foreign aid/dead aid to these corrupt foreign governments and nothing changing.
Posted on 6/11/19 at 6:50 pm to RollTide4Ever
NYT Mentions Some Small Towns that Thrive
quote:
The rise of geographic inequality has been one of the major economic trends of recent decades. Major metropolitan areas that were already among the country’s most affluent regions — like New York, Boston, Chicago and San Francisco — have pulled further away. Most small cities and rural areas have struggled.
This trend has led to a raft of good journalism that documents both the larger trend and the exceptions — smaller cities that are thriving and whose success presumably offers some lessons.
The New Yorker’s Larissa MacFarquhar wrote a story in 2017 about Orange City, an Iowa town of about 6,000 people with an unemployment rate of 2 percent. Noah Smith of Bloomberg has written about his hometown, College Station, Tex. The Wall Street Journal collaborated with the Brookings Institution to study regions where job growth has been strong despite heavy manufacturing losses. And Deborah and James Fallows wrote a book, “Our Towns,” for which they traveled the country and visited flourishing communities.
Page 4 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News