re: LA crushed GDP growth between 1998 and 2024

Posted by Sassafrasology

Member since Nov 2025

99 posts

Posted on 11/5/25 at 9:08 am to stout

What’s special out the 26 year measured time period? How do the state GDP numbers stack up for the last 10 years? 10 years seems to be more relevant because governments make spending decisions on 10 year timelines most of the time.

2 ...

Posted by Teddy Ruxpin

Member since Oct 2006

40510 posts

Posted on 11/5/25 at 9:10 am to Sassafrasology

quote:
? How do the state GDP numbers stack up for the last 10 years?

I think you only need to look around LA to know the answer to this will also be disappointing.

Posted by Swagga

504

Member since Dec 2009

18314 posts

Posted on 11/5/25 at 9:11 am to stout

quote:
The state has done nothing to bring new industry outside of LNG facilities, and now we are so desperate to finally win something different that we are allowing META to pass off higher power bills to us for a data center that will not create a ton of permanent jobs or any real tax benefit.

I’m no fan of Jeff Landry, but he’s done a pretty good job of attracting industrial facilities and growth to this state. Something we needed desperately.

The state obviously needs to diversify into tech, finance, etc.. but it’s a start.

Posted by yellowfin

Coastal Bar

Member since May 2006

98700 posts

Posted on 11/5/25 at 9:15 am to Scruffy

quote:
Take my situation as an example. Healthcare is everywhere. Why would I choose to live in LA when I could have an equal or better paying job in a safer city in a better run state?

Well?

Posted by yellowfin

Coastal Bar

Member since May 2006

98700 posts

Posted on 11/5/25 at 9:18 am to whoa

quote:
You think those are reasonably priced starter homes? I bought my starter home 5 years ago for $100k less

That’s median price, starter home should be half that

Posted by Dire Wolf

bawcomville

Member since Sep 2008

39730 posts

Posted on 11/5/25 at 9:28 am to yellowfin

quote:
That’s median price, starter home should be half that

half that gets you a lovely starter 3/1 off of plank road

Posted by eitek1

Member since Jun 2011

2743 posts

Posted on 11/5/25 at 9:37 am to stout

With all it's issues, let's not forget we get the privilege of paying the highest combined sales tax in the nation as well.

Louisiana is really expensive to live in. We have the highest combined sales tax, the second highest car insurance rates, The second highest home insurance rates and so on.

For the luxury of paying those prices, you get abysmal roads, to be listed at the bottom of almost every metric and the main city in your state is a financially broken and poorly run joke.

Looking good Louisiana, looking real good...

Posted by Powerman

Member since Jan 2004

170143 posts

Posted on 11/5/25 at 9:38 am to Sassafrasology

quote:
What’s special out the 26 year measured time period?

That's the range that the source provided...

quote:
10 years seems to be more relevant

Then start your own thread with 10 year GDP growth

Posted by UptownJoeBrown

Baton Rouge

Member since Jul 2024

5837 posts

Posted on 11/5/25 at 9:43 am to eitek1

Taxes huh? You’re not mentioning the biggest problem this State has.

Posted by Scruffy

Kansas City

Member since Jul 2011

76464 posts

Posted on 11/5/25 at 10:01 am to yellowfin

quote:
Well?

Scruffy doesn’t live in LA.

Posted by jizzle6609

Houston

Member since Jul 2009

17090 posts

Posted on 11/5/25 at 10:02 am to stout

Someone started a nepotism thread earlier.

This is what that does to economies.

It’s really that simple. Stifles growth and thought.

This post was edited on 11/5/25 at 10:03 am

Posted by whoa

New Orleans

Member since Sep 2017

5758 posts

Posted on 11/5/25 at 10:05 am to Dire Wolf

Exactly. It’s a different world than 5 years ago. I’m lucky af that I bought when I did, otherwise I’d be fricked.

Posted by Sassafrasology

Member since Nov 2025

99 posts

Posted on 11/5/25 at 10:55 am to Powerman

quote:
Then start your own thread with 10 year GDP growth

With the help of AI making a table the GDP growth rate by state for the last ten years was easier than I thought:

At least Louisiana is not last when looking at the last 10 years instead of 26.

Posted by Defenseiskey

Houston, TX

Member since Nov 2010

1626 posts

Posted on 11/5/25 at 11:28 am to The Third Leg

quote:
It is tough to grow when hundreds of thousands of people leave at once and assets of production are simultaneously destroyed. Between 2000 and 2010 the state grew 1.4% by population

Then don't run the state in a way that makes them want to leave. It's not that hard.

Posted by yellowfin

Coastal Bar

Member since May 2006

98700 posts

Posted on 11/5/25 at 11:57 am to Scruffy

Good job

At this point, my wife is the only one that wants to stay. Both kids are ready to get out so when they move for college, we will be right behind

Posted by soccerfüt

Location: A Series of Tubes

Member since May 2013

72512 posts

Posted on 11/5/25 at 12:36 pm to SuperSaint

quote:
And somehow both pro franchise teams happen to be dead last in their respective leagues

We have both franchises being run by a version of a “dead hand”.

Premium management, coaches and players all can smell the funk of death and disorder on the Saints/Pels. They want nothing to do with them.

Between mismanagement and talent staying away, the Saints & Pels suck.

Posted by The Third Leg

Idiot Out Wandering Around

Member since May 2014

11504 posts

Posted on 11/5/25 at 1:20 pm to Defenseiskey

quote:
Then don't run the state in a way that makes them want to leave. It's not that hard.

I think a lot of them were homeless.

I’m not acting like Louisiana isn’t a failure, it is, but to pretend that Katrina was just a hurricane while ignoring the flooded out below sea level epicenter of the state is silly.

Posted by udtiger

Over your left shoulder

Member since Nov 2006

111819 posts

Posted on 11/5/25 at 1:28 pm to stout

shite governance
shite economy
Multiple significant hurricaines (Katrina, Rita, Gustav, Laura, Ida, Ike, Issac, Delta, Zeta)