Started By
Message
locked post

What can be done to improve Louisiana's depressing economic prospects?

Posted on 9/23/19 at 10:22 am
Posted by member12
Bob's Country Bunker
Member since May 2008
33087 posts
Posted on 9/23/19 at 10:22 am
Under JBE, Louisiana is the only state that hasn't gained jobs in the Trump economic expansion.

Louisiana is falling behind her peers in every economic measure, all while the flagship public university is stagnant

What can be done (that's politically feasible) to improve Louisiana's economic prospects?
Posted by doubleb
Baton Rouge
Member since Aug 2006
41926 posts
Posted on 9/23/19 at 10:26 am to
We can vote Edwards out. That’s something we can do now.

After that we need to reform our tax code cut spending, and look at ways to inject some money into the state economy via tax cuts.

Posted by cajuncarguy
On the road...Again!
Member since Jun 2013
3135 posts
Posted on 9/23/19 at 10:29 am to
Tort reform

Phase out state income tax, phase in higher property tax.

Fire JBE.

Restructure our oil and gas state royalties for new exploration. Currently La gets 12%. Texas gets 4.5%.

Drastically overall our educational system.

Start enforcing truancy laws.

Welfare reform. Undo expanded Medicaid.

Reform Public Service commission and Insurance Rating Commission.

And that's just for starters.
Posted by Brosef Stalin
Member since Dec 2011
41709 posts
Posted on 9/23/19 at 10:30 am to
We need a new Constitution
Posted by BlackAdam
Member since Jan 2016
7058 posts
Posted on 9/23/19 at 10:41 am to
Louisiana has to make moves to diversify an econonmy that is still overly dependent on O&G. Louisiana has a huge problem that is looming with improvements in drilling technology.

It has gotten so cheap to get oil out of onshore shale plays that the off shore drilling industry will stay in deep decline for the foreseeable future. the service companies are all hurting, and teetering on the edge. Edwards certainly has not helped with that, but the economic forces are really driving that.



Posted by saints5021
Louisiana
Member since Jul 2010
19181 posts
Posted on 9/23/19 at 10:42 am to
Without a constitutional change, there ain't much lasting change that can happen.

It would help if they stop taxing us like a Northern state, when we are surrounded by corporate tax havens like Texas and Florida.
Posted by mahdragonz
Member since Jun 2013
7053 posts
Posted on 9/23/19 at 10:45 am to
The sooner Louisiana residents sees itself as alike than different, it won't change.

Private schools are a symptom of a sickness in the state, not a solution to the problem.

Posted by KANDUUU
Member since Sep 2019
472 posts
Posted on 9/23/19 at 10:46 am to
Sterilization for life long govt dime recipents, and dead beat dads of multiple children.

Got to turn off the spigot of future negatives. Don't understand how this is more controversial than abortion.
This post was edited on 9/23/19 at 10:46 am
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 9/23/19 at 10:49 am to
quote:

What can be done (that's politically feasible) to improve Louisiana's economic prospects?


More drone strikes on Saudi oil facilities.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
112960 posts
Posted on 9/23/19 at 10:49 am to
1) vote out JBE
2) vote in Rispone
3) get a STRONG Commission of Administration since Rispone wont know the mechanisms of government
4) get a CONSERVATIVE Legislature
5) get taxes fixed to make more business friendly
6) tort reform
7) CONSTITUTIONAL CONVENTION
8) revoke Medicaid expansion
This post was edited on 9/23/19 at 2:18 pm
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
36112 posts
Posted on 9/23/19 at 10:55 am to
quote:

What can be done (that's politically feasible) to improve Louisiana's economic prospects?



Define politically feasible, because what is needed is some major infrastructure spending like widening I12 and blowing up the interchanges at 12 & 55 and probably 59 as well. Additionally, there has to be a loop in BR and another bridge going across just between Addis and Plaquemine. In NOLA we should market our empty office space to tech companies at firesale prices to get them occupied, so as to attract more.

Call a Constitutional Convention to change the tax code and how we fund things....of course the thing that really needs to be done won't be touched....it's the most sacred of sacred cows and forces tax increases on sales taxes.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
68478 posts
Posted on 9/23/19 at 10:56 am to
quote:

What can be done to improve Louisiana's depressing economic prospects?

Stop
Electing
Retarded
Dems
Posted by beerJeep
Louisiana
Member since Nov 2016
37838 posts
Posted on 9/23/19 at 10:57 am to
Well, there’s this plant that, if sold, can generate around a quarter billion dollars in tax revenue each year.
Posted by notiger1997
Metairie
Member since May 2009
61503 posts
Posted on 9/23/19 at 10:59 am to
But Jesus wouldn’t like that. LOL
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
58047 posts
Posted on 9/23/19 at 11:02 am to
Look at what Texas is doing differently in taxation, economics, transportation and education. Copy that. Profit.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
36112 posts
Posted on 9/23/19 at 11:05 am to
quote:

Tort reform

Yes the 50K threshold is ridiculous

quote:

Phase out state income tax, phase in higher property tax.


That is what is needed, but you are talking about sacred cows and while most of us like the idea on paper, the second you bring it up the local assessors will band together to fight it.....they keep their jobs by using the 75 K exemption on the first 75K ...they can assess the property lower and keep their cushy jobs

quote:

Fire JBE.


I'm OK with that .

quote:

Restructure our oil and gas state royalties for new exploration. Currently La gets 12%. Texas gets 4.5%.


You may want to rethink that from a revenue aspect.

quote:

Drastically overall our educational system.

Start enforcing truancy laws.


We make too much out of that, it's a good idea but it's not why we don't have economic development.

quote:

Welfare reform. Undo expanded Medicaid.

If the Feds are going to continue to pay for 90% of it, just cap it where it is

quote:

Reform Public Service commission and Insurance Rating Commission.


Yes, Yes, Yes
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 9/23/19 at 11:06 am to
quote:

Look at what Texas is doing differently in taxation, economics, transportation and education. Copy that. Profit.


I don't think it would work that easily. First, why would business suddenly move to LA over TX? Secondly, all the talent has moved to the business centers of HOU, DAL and SA...there's a talent gap that is too large to bridge. In fact LA businesses have moved to TX in order to have access to a deeper talent pool. They couldn't attract top-line talent to LA due to shite schools and a generally, overall lack of a true urbane city.
Posted by Walkthedawg
Dawg Pound
Member since Oct 2012
11466 posts
Posted on 9/23/19 at 11:30 am to
More home games!!
Posted by 2Yutes
BR
Member since Oct 2018
2443 posts
Posted on 9/23/19 at 11:32 am to
quote:

Louisiana has to make moves to diversify an econonmy that is still overly dependent on O&G.


True. This is a topic that should be discussed way more. Unfortunately, JBE has proven he cannot move our economy in any positive direction much less into new business sectors. I hope he proves me wrong if re-elected.
Posted by Auburn80
Backwater, TN
Member since Nov 2017
9649 posts
Posted on 9/23/19 at 11:33 am to
Make sure out of state residents are paying a Louisiana tax for duck calls.
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram