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re: New Orleans faces 'catastrophic' $100 million deficit

Posted on 4/1/20 at 5:41 am to
Posted by kciDAtaE
Member since Apr 2017
17458 posts
Posted on 4/1/20 at 5:41 am to
Nola has a budget? From the looks of it, I always thought they winged it and waited for a hurricane along with the disaster relief
Posted by tigerinthebueche
Member since Oct 2010
37758 posts
Posted on 4/1/20 at 5:47 am to
quote:

Louisiana as a whole will not be in much better shape due to JB Edwards. Dumb and dumber.



Yep. Just wait till JBE and the whore house that is the La. legislature get into session next year. They’re gonna frick whoever is left in this state so hard it’s gonna look like a snuff film.
Destroying our economy is bad enough, but just wait till our politicians start picking whatever bones are left over.
Posted by TopFlightSecurity
Watertown, NY
Member since Dec 2018
1318 posts
Posted on 4/1/20 at 5:57 am to
Just print more money like Trump the king of debt.
Posted by Havoc
Member since Nov 2015
37758 posts
Posted on 4/1/20 at 5:59 am to
Nola was probably way in the hole before the virus even hit thanks to that idiot POS Cantrell.
Posted by chew4219
Member since Sep 2009
3078 posts
Posted on 4/1/20 at 6:05 am to
Let the city rot. It’s been run by imbeciles for decades. The city when to shite when they ran out the mob.
Posted by The Torch
DFW The Dub
Member since Aug 2014
27927 posts
Posted on 4/1/20 at 6:07 am to
bet LaToya ain't missing no cash in her pocket
Posted by cssamerican
Member since Mar 2011
7940 posts
Posted on 4/1/20 at 6:08 am to
Not surprising. New Orleans over the decades has created a revenue stream that is dependent on tourism from sales to hotel taxes. This isn’t on Cantrell, this is on the people of New Orleans who allowed the city to put all of its eggs in one basket. That didn’t happen overnight.

The State will be in the same boat to a lesser degree. We based our state government’s income on sales and income taxes. These revenue streams vary like a gamblers luck at the racetrack instead of something stable like property tax. It will bite us in the arse once again. We will blame the current governor and we will NOT change how we are setup. Then we will repeat another budget crisis regardless of who is governor in a few more years. Rinse and repeat, it’s the Louisiana way.
This post was edited on 4/1/20 at 6:09 am
Posted by Havoc
Member since Nov 2015
37758 posts
Posted on 4/1/20 at 6:24 am to
quote:

We based our state government’s income on sales and income taxes.

Well there is the whole O&G thing and how the price of crude has bottomed out because of the Saudis.
Posted by cssamerican
Member since Mar 2011
7940 posts
Posted on 4/1/20 at 6:33 am to
quote:

Well there is the whole O&G thing and how the price of crude has bottomed out because of the Saudis.

Like that has never happened before

We need a state constitution to fix our financial problems. The only problem it’s a new constitution would be written by the current idiots in Baton Rouge. We need to elect a strong governor who wants a new constitution that has f’ing business sense. Now you have depressed me because I know that scenario will never happen, thanks.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 4/1/20 at 6:47 am to
They made their mess now they need to live with it.
Posted by YouAre8Up
in a house
Member since Mar 2011
12792 posts
Posted on 4/1/20 at 6:54 am to
quote:

NEW ORLEANS — Mayor LaToya Cantrell painted a dire picture of the city's financial situation during an interview on WBOK Radio Monday, saying the lack of income from taxes could cut $100 million from the city's operating budget.

"We are anticipating a budget deficit upwards of $100 million for 2020," she said.

If the city really does stand to lose $100 million this year, coronavirus will have gouged out about 14% out of the city's budget, forcing cuts to programs across the board to keep the lights on at city hall.


What happens when you elect an idiot to run your city for $100 Alex.
Posted by dakarx
Member since Sep 2018
8189 posts
Posted on 4/1/20 at 7:02 am to
"Hold My Beer" says last years tax hikes, "You ain't seen nothing yet"
Posted by Dominate308
South Florida
Member since Jan 2013
2895 posts
Posted on 4/1/20 at 7:04 am to
The crazy thing is, the money will be gone but nothing will change.
This post was edited on 4/1/20 at 7:51 am
Posted by White Bear
OPINIONS & A-HOLES
Member since Jul 2014
17271 posts
Posted on 4/1/20 at 7:05 am to
quote:

As a resident, good. frick laytoya the destroya

bro, they finna increase taxes. All these thieving pieces of shite are going to have to increase taxes because they damn sure will not downsize gov. If anything gov will use this crisis to justify their existence and the mouth breathers will open their checkbooks because the chirren and safety.
This post was edited on 4/1/20 at 7:09 am
Posted by jennyjones
New Orleans Saints Fan
Member since Apr 2006
9907 posts
Posted on 4/1/20 at 7:08 am to
quote:

Like that has never happened before


Yeah and the last time it happened, things weren't pretty. This go round will be worse unfortunately

quote:

We need a state constitution to fix our financial problems. The only problem it’s a new constitution would be written by the current idiots in Baton Rouge. We need to elect a strong governor who wants a new constitution that has f’ing business sense. Now you have depressed me because I know that scenario will never happen, thanks.


Posted by Michael T. Tiger
Baton Rouge
Member since Jul 2004
8801 posts
Posted on 4/1/20 at 7:20 am to
It’s time to take these statues down and fix this entire mess...

Oh, never mind.
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
12871 posts
Posted on 4/1/20 at 7:30 am to
quote:

It’s time to take these statues down and fix this entire mess...



All I know is that shite sure has gone to hell in a hand basket since General Lee came down. Maybe they should put him back up. What harm could it do at this point?
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53116 posts
Posted on 4/1/20 at 7:33 am to
I bet a lot of cities and states are going to be in trouble after this. Think of all of the tax revenue they aren't collecting.
Posted by jlovel7
NOT Louisiana
Member since Aug 2014
23857 posts
Posted on 4/1/20 at 7:39 am to
Probably. But nobody quite plays the victim like the New Orleans government.
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 4/1/20 at 7:46 am to
quote:

Nola has a budget? From the looks of it, I always thought they winged it and waited for a hurricane along with the disaster relief


No, you are 100% correct. No hurricane to pull funds from last year. Mardi Gras killed a couple people and it made national news, and then was the epicenter for Covid to spread to the world.
Their budget is non existent for the next 5 years with no storms.
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