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What is the real reason most companies wont come to Louisiana

Posted on 8/1/18 at 3:33 pm
Posted by volod
Leesville, LA
Member since Jun 2014
5392 posts
Posted on 8/1/18 at 3:33 pm
We all make jokes about LA having too many schools. But yet we dont have a workforce that makes us viable. That just doesn't sit well with me.

Is there another reason LA has so few companies. And if we only have scarce job opportunities, then isn't that more a reflection of the governance and general state population?

If there are only a few professions needed, why arent our schools geared toward that.

EDIT: Bobby Jindal is at fault for some of these problems. He tried to bring in companies and reform taxation. However he did not balance the loss of revenue with a better budget.
This post was edited on 8/1/18 at 3:39 pm
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78662 posts
Posted on 8/1/18 at 3:34 pm to
Corruption
Posted by jlovel7
NOT Louisiana
Member since Aug 2014
24261 posts
Posted on 8/1/18 at 3:35 pm to
I imagine every kind of agency in the state trying to shake them down in some way would be one.
Posted by TheFonz
Somewhere in Louisiana
Member since Jul 2016
23548 posts
Posted on 8/1/18 at 3:36 pm to
quote:

Corruption
Posted by TexasTiger39
Member since Mar 2009
3671 posts
Posted on 8/1/18 at 3:36 pm to
(no message)
This post was edited on 8/8/20 at 9:44 am
Posted by NYNolaguy1
Member since May 2011
21840 posts
Posted on 8/1/18 at 3:36 pm to
quote:

What is the real reason most companies wont come to Louisiana


Mostly because:

1)The govt is constantly broke
2)No one seems to believe in investing in infrastructure or better quality of life.

Mitch Landrieu is a great example of what went wrong.
Posted by MojoGuyPan
Intercession City, Florida
Member since Jun 2018
2797 posts
Posted on 8/1/18 at 3:36 pm to
Posted by choupiquesushi
yaton rouge
Member since Jun 2006
35678 posts
Posted on 8/1/18 at 3:36 pm to
in the two largest metro areas...... public education.
Posted by stout
Porte du Lafitte
Member since Sep 2006
184528 posts
Posted on 8/1/18 at 3:37 pm to
Ranked as number 2 behind Rhode Island as the worst state to form an LLC of Corporation in

quote:

Unemployment: 4.5% (33rd - tied with Georgia, Ohio, Mississippi, North Carolina and Rhode Island)
Corporate tax rate: 8%
Sales tax rate: 5.00%
Individual income tax rate: 6%

The Pelican State has the highest combined average state and local sales tax rate in the country, coming it at 50th place and dropping it into the bottom ten overall. This high sales tax rate is due to a decrease in revenue and structural shortfalls. The combined state and local sales tax rate is now approaching 10 percent. Louisiana has fallen consistently in the rankings year after year, from 34 in 2015 to 42 in 2018.
This post was edited on 8/1/18 at 3:38 pm
Posted by JetFuelTyga
Born in desert,raised in lion's den
Member since Feb 2016
1799 posts
Posted on 8/1/18 at 3:37 pm to
Lack of long-term tax benefits and incentives
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/1/18 at 3:38 pm to
This has been discussed ad nauseum, and there isn't one answer. A couple are high taxes, incompetent government, uneducated workforce, etc, etc
Posted by bleeng
The Woodlands
Member since Apr 2013
4442 posts
Posted on 8/1/18 at 3:38 pm to
Contractions. We need proper contractions.
Posted by HMTVBrian2
Baton Rouge
Member since Sep 2011
5760 posts
Posted on 8/1/18 at 3:38 pm to
Pathetic infrastructure, lack of qualified workers, and no hope of either of those changing in the future.
Posted by JDogg33
Member since Oct 2017
405 posts
Posted on 8/1/18 at 3:38 pm to
Workforce unskilled and uneducated.

Good ole boy BS

Hurricanes

This post was edited on 8/1/18 at 3:39 pm
Posted by BowlJackson
Birmingham, AL
Member since Sep 2013
52881 posts
Posted on 8/1/18 at 3:39 pm to
Because Louisiana sucks
Posted by Upperdecker
St. George, LA
Member since Nov 2014
33900 posts
Posted on 8/1/18 at 3:41 pm to
The schools are absent minded of the job market. The state government encourages the wrong type of industries (movie industry vs manufacturing, etc). The general population is lazy, as we have a high number of people who are unable to work or unwilling to work. In reality we have a low number of quality workers. Taxes are too high. No great schools to excite major companies for hiring. Too much violence and drugs. Undesirable location. List goes on and on
Posted by OweO
Plaquemine, La
Member since Sep 2009
122527 posts
Posted on 8/1/18 at 3:43 pm to
There are probably quite a few reasons and it differs from company to company, but as a general reason, I am sure our politics has something to do with it.

If someone at the top isn't going to gain from it, then it's not as likely to happen and when I say gain, that doesn't always mean paying off someone. It could mean giving someone a little more say so in how things will work, etc.

That and there is the lack of work force. Then there is also the availability of better options in other states.
Posted by therick711
South
Member since Jan 2008
26153 posts
Posted on 8/1/18 at 3:47 pm to
Governmental corruption
A low-rated judiciary
Perceived different legal system
Relatively low level of highly educated and skilled workers
No close travel hub with upper echelon access
Broken school system
Natural disaster threat

Just to name a few.
Posted by real turf fan
East Tennessee
Member since Dec 2016
12216 posts
Posted on 8/1/18 at 3:50 pm to
The fellow we bought our house in the French Quarter chose not to retire to New Orleans but to Florida.

He stayed often at his place in NOLA and he told us," Anyone who doesn't have their act together or who is prone to even minor misbehaviour will find their life goes to shite when they live in New Orleans. Their lives won't get better, ever, their lives will only get worse."

This from a man who lived in NYC, who was from Oklahoma but was mostly disinherited by his very rich parents because he was gay.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
30072 posts
Posted on 8/1/18 at 3:50 pm to
Public and private corruption
Lack of an educated or qualified workforce
Taxation system
Infrastructure neglect
Crumbling higher education system
Napoleonic Code.
Electrical grid neglect
Hurricane risk
This post was edited on 8/1/18 at 3:52 pm
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