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re: Why has nearly every southern state seen an economic boom except La and Mississippi
Posted on 9/13/24 at 7:51 pm to RaoulDuke504
Posted on 9/13/24 at 7:51 pm to RaoulDuke504
Mississippi was trying to protect itself from the pernicious effect of outsiders, unfortunattely the outsiders have found them, and they may destroy them soon. Louisiana has a demographic problem that may not be solvable unless draconian measures are taken. 
0
Posted on 9/13/24 at 7:53 pm to tigerfoot
quote:
We can’t give them a competent workforce. Our local and state govts are dysfunctional. Our schools in many areas are crumbling. Our highways are litter filled gravel roads. We won’t build a new bridge to save our lives. Our people are unhealthy and hard to insure without increased premiums. Our infrastructure is minimal. We have a large percent of our population thinking that STTDB is a great chant. Any city that MAY be able to provide employees is also a crime filled jungle in many places.
BINGO!!! WE HAVE A WINNER!!! Especially the underlined part...
We're a 19th-century Petrostate economy with a boost from New Orleans tourism.
As time goes on... I know people here will refuse to hear it, but the global trend will push ICE autos out of the picture in a decade, and without oil and gas, what will this state be?
Posted on 9/13/24 at 7:57 pm to Joshjrn
quote:
Because Louisiana is the worst of all political worlds: fiscally liberal and socially conservative.
You guys don't bother voting unless it's a Presidential election. A fraction of the registered voters turn out otherwise. Socially Conservative is just a feel-good buzzword. Socially lazy is the reality.
Posted on 9/13/24 at 8:01 pm to Cuz413
quote:
Wouldn't it indicate that there is opportunity there for those who wish to earn it? It's not like La has loads of mega billionaires skewing the numbers.
It could definitely point to that, but you can't use it as the only metric to measure prosperity.
I mean Ireland's GDP per capita is 25% higher than the US, how much do we want to infer from that? They lowered their corporate tax rate to something absurdly low (which I'm all for) and a bunch of offshore corporations moved headquarters there. But did that really prop up the average Irish person?
Japan is less than the Bahamas and Puerto Rico. Again, probably tax related.
I guess the point I'm trying to make is, just because LA has a higher GDP per capita doesn't mean it's better for the average Louisiana resident. It's probably better than if it was last in GDP, but somethings afoot if LA is still last in every other metric but has a decent GDP.
Posted on 9/13/24 at 10:44 pm to Cuz413
GDP per capita is meaningless, especially when you have major ports (which also inflate CA and NY GDPs) because of the revenue they generate without producing anything or adding value.
Median income by state is a better metric, and even more telling is the 10 year growth rate of median income. Rankings through 2021 here
AL - 46th, 2.65% Growth rate
AR - 47th, 2.92% growth
LA - 48th, 1.89% growth
WV - 49th, 2.74% growth
MS - 50th, 2.58% growth
Sorted by growth rate:
AL - 38
AR - 30
LA - 48, dead last out of Southern states
WV - 36
MS - 41
All other Southern states rank ahead of AR by median income growth rate. So yeah, OP was right, LA is getting passed up.
By cost of living, LA is the 15th cheapest state to live in, but only Texas, KY, FL and the Carolinas are more expensive to live in on average than LA. The rest of the South is cheaper. COL Data here
Median income by state is a better metric, and even more telling is the 10 year growth rate of median income. Rankings through 2021 here
AL - 46th, 2.65% Growth rate
AR - 47th, 2.92% growth
LA - 48th, 1.89% growth
WV - 49th, 2.74% growth
MS - 50th, 2.58% growth
Sorted by growth rate:
AL - 38
AR - 30
LA - 48, dead last out of Southern states
WV - 36
MS - 41
All other Southern states rank ahead of AR by median income growth rate. So yeah, OP was right, LA is getting passed up.
By cost of living, LA is the 15th cheapest state to live in, but only Texas, KY, FL and the Carolinas are more expensive to live in on average than LA. The rest of the South is cheaper. COL Data here
This post was edited on 9/13/24 at 10:51 pm
Posted on 9/13/24 at 11:03 pm to RaoulDuke504
Politicians, but it goes back to when a lot of our grandparents were small children, or not even born yet. Crooked politicians have and will always been a thing, especially at the Governor and Washington level politicians. A politician at that level that has demons but still cares and has the audacity to call out the system usually doesn’t end up in a good spot. I’m not making excuses for politicians but the country, definitely Louisiana would be different if a couple assassinations never happened.
Posted on 9/13/24 at 11:05 pm to RaoulDuke504
A certain demographic in Louisiana is like a ball and chain and we'll never make any progress as long as they're here
Posted on 9/14/24 at 12:02 am to RaoulDuke504
Posted on 9/14/24 at 4:53 am to PCRammer
quote:
The Huntsville tech and Airbus and Austal in Mobile is a large part of what is keeping Alabama from being in the same group as MS and LA.
Pascagoula has Ingalls, Bollinger, and the largest Chevron refinery in the world. That's about 15,000-16,000 employees right there alone.
Posted on 9/14/24 at 4:55 am to lockthevaught
quote:
Mississippi has that "Good ole Boy System" at play and doesn't care to invest more in industry and technology....especially the Delta.
There aren't many people in the Delta that can pass employee screening.
Posted on 9/14/24 at 6:22 am to RaoulDuke504
One other factor that I haven’t seen mentioned yet. Louisiana, especially its main city, is in the middle-of-fricking-nowhere.
Look at NOLA. 5+ hours to any major city. 3+ hours to a useable beach. No other areas in state are worth driving to on a day trip unless you like to hunt/fish. No mountains or anything pleasing to enjoy landscape-wise for the most part.
Unlike the past, we now live in a “Netflix/social media/make-it-your-way” world of unlimited options. People are less prone to settling for lesser shite and there are teleworkers everywhere. They can go wherever they want, live where they want, and will do what it takes to pursue their ideal location. For some people that makes living in multiple places or just saying frick it, I want to live somewhere nice, damned the cost, as long as me and/or my kids are happy.
Look at NOLA. 5+ hours to any major city. 3+ hours to a useable beach. No other areas in state are worth driving to on a day trip unless you like to hunt/fish. No mountains or anything pleasing to enjoy landscape-wise for the most part.
Unlike the past, we now live in a “Netflix/social media/make-it-your-way” world of unlimited options. People are less prone to settling for lesser shite and there are teleworkers everywhere. They can go wherever they want, live where they want, and will do what it takes to pursue their ideal location. For some people that makes living in multiple places or just saying frick it, I want to live somewhere nice, damned the cost, as long as me and/or my kids are happy.
Posted on 9/14/24 at 7:21 am to RaoulDuke504
Well we can't seem to ever get a government with a brain, so that doesn't help.
Posted on 9/14/24 at 7:29 am to RaoulDuke504
quote:
Meanwhile Louisiana and Mississippi are becoming poorer and more people are moving than ever
Our population and way of life leads to everything being slower and less efficient.
Half the state is unemployable.
Posted on 9/14/24 at 7:33 am to Salmon
quote:
not with economic growth
Or in GDP, which also trails Louisiana by a wide margin.
Mississippi is improving through. It has a long way to go to catch up unfortunately. They likely are growing their GDP faster than La.
This post was edited on 9/14/24 at 7:35 am
Posted on 9/14/24 at 7:58 am to RaoulDuke504
Which two southern states chose to promote gambling as an industry?
Posted on 9/14/24 at 8:14 am to whoa
quote:
Mississippi doesn’t belong in this conversation. They have lapped Louisiana and made significant strides in improving their state.
Only way you can actually believe this is if the Gulf Coast is the only part of Mississippi you ever see. MS still sucks pretty bad as a whole
Posted on 9/14/24 at 8:28 am to Ponchy Tiger
Yep. Louisiana also has many, many layers of government. And much of it is fractured. So businesses have o jump through far more hoops, boards, tax districts, etc. to do anythin, and all have theirnhand out.
Posted on 9/14/24 at 9:36 am to RaoulDuke504
Louisiananians have always resisted progress.
Posted on 9/14/24 at 11:19 pm to Reservoir dawg
quote:
There aren't many people in the Delta that can pass employee screening.
Yuup, my BIL managed a manufacturing plant in the delta in the 80s, they couldn't keep a welder, eventually they stopped drug testing.
There will never be jobs in the delta, it needs to be evacuated, except for those directly involved in farming.
Posted on 9/14/24 at 11:22 pm to RaoulDuke504
Mississippi has passed us and it’s not close
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