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Why Louisiana Stays Poor

Posted on 2/21/20 at 12:10 pm
Posted by RougeDawg
Member since Jul 2016
5909 posts
Posted on 2/21/20 at 12:10 pm
Yes, I saw this on Facebook and it should probably be on the Politics Board.

Very good video in the link below (15 minutes) detailing corporate subsides in Louisiana. The big takeaway for me though was the per capita corporate subsidies comparison to other states.

Texas: $89/resident

Louisiana: $2,857/resident (highest in country)

Oregon: $1,174/resident (2nd highest in country)

National Average: $291/resident

Why Louisiana Stays Poor
Posted by KemoSabe65
70605
Member since Mar 2018
5205 posts
Posted on 2/21/20 at 12:13 pm to
Gotta keep dem Cajun VISA’s loaded fo da crab claws an crawfish baw.
Posted by cubsfan5150
Member since Nov 2007
15789 posts
Posted on 2/21/20 at 12:14 pm to
But hey, Louisiana is better than California or Texas - Signed, The OT
Posted by red sox fan 13
Valley Park
Member since Aug 2018
15358 posts
Posted on 2/21/20 at 12:15 pm to
Corrupt politicians and a populace who doesn't give a shite. That's why
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48781 posts
Posted on 2/21/20 at 12:15 pm to
It's a left wing propaganda piece.

I'm not saying that I support all of our corporate welfare system, but the premise of the piece is that the way to pull people out of poverty is to increase revenue to the government
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65944 posts
Posted on 2/21/20 at 12:16 pm to
quote:

But hey, Louisiana is better than California or Texas - Signed, The OT





Poor Sportsmanship Paradise...
Posted by Aristo
Colorado
Member since Jan 2007
13292 posts
Posted on 2/21/20 at 12:17 pm to
So, letting a company keep more of its money to invest back into the economy is bad? They should instead give it to our very trustworthy government officials who then can decide which of their friends/family business get the funds?
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67212 posts
Posted on 2/21/20 at 12:18 pm to
Who does gumbo pac pay to post this bs every other week?
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65944 posts
Posted on 2/21/20 at 12:19 pm to
quote:

So, letting a company keep more of its money to invest back into the economy is bad?


Wait, huh? You think this model is making Louisiana a better place to live?
Posted by lowhound
Effie
Member since Aug 2014
7585 posts
Posted on 2/21/20 at 12:20 pm to
quote:

Gotta keep dem Cajun VISA’s loaded fo da crab claws an crawfish baw.


Ughhhh, corporate subsidies doesn't mean what you think it means
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48781 posts
Posted on 2/21/20 at 12:21 pm to
quote:

Wait, huh? You think this model is making Louisiana a better place to live?

Louisiana's issue isn't tax revenue, it's too many people living off of the government and not enough productive citizens.
Posted by Brosef Stalin
Member since Dec 2011
39271 posts
Posted on 2/21/20 at 12:22 pm to
quote:

it should probably be on the Politics Board.

Should probably be on the Germans board. This has been posted a million times.
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 2/21/20 at 12:22 pm to
quote:

Why Louisiana Stays Poor


Top 1% say different.
Posted by Aristo
Colorado
Member since Jan 2007
13292 posts
Posted on 2/21/20 at 12:22 pm to
quote:

Wait, huh? You think this model is making Louisiana a better place to live?


Do you think giving the government more money would help?
Posted by NIH
Member since Aug 2008
112734 posts
Posted on 2/21/20 at 12:23 pm to
If only JBE and our legislature had more money, we’d be doing great!
Posted by BHM
Member since Jun 2012
3168 posts
Posted on 2/21/20 at 12:23 pm to
Yet the biggest reported issue in our state is lack of employers.

We also spend more per student than most states so we have the money to spend.


Something does not add up and that is this story which uses select bits of information to conclude what the problem is in this state.

Is this story is fully honest, companies would be fighting to get into this state.

Posted by hawkster
Member since Aug 2010
6231 posts
Posted on 2/21/20 at 12:23 pm to
So if we kill every subsidy and give every resident a whopping $2900 per year, Louisiana won’t be poor anymore?
Posted by Oilfieldbiology
Member since Nov 2016
37582 posts
Posted on 2/21/20 at 12:23 pm to
Someone posted a stat somewhere that LA spends around $9,000 per resident in terms of state budget. Fully $2,000 more than the average southern state. MS was the next closest at $8,000. We don’t have a tax problem in this state. We have a spending and productivity problem.

Now I’m going to get off my soap box on an internet message board and go back to work
Posted by JDPndahizzy
JDP
Member since Nov 2013
6448 posts
Posted on 2/21/20 at 12:25 pm to
pretty good watch. Don't know if I agree with everything said but makes perfect sense.
Posted by Parmen
Member since Apr 2016
18317 posts
Posted on 2/21/20 at 12:25 pm to
quote:

Who does gumbo pac pay to post this bs every other week?


OweO, DtG, and Rock the Casbah are probably all on GumboPAC payroll.
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