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RougeDawg
Louisiana Tech Fan
Member since Jul 2016
1958 posts

Why Louisiana Stays Poor
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


KemoSabe65
Member since Mar 2018
2396 posts
 Online 

re: Why Louisiana Stays Poor
Gotta keep dem Cajun VISA’s loaded fo da crab claws an crawfish baw.


cubsfan5150
Arkansas Fan
Member since Nov 2007
9240 posts

re: Why Louisiana Stays Poor
But hey, Louisiana is better than California or Texas - Signed, The OT


red sox fan 13
Oregon Fan
Valley Park
Member since Aug 2018
2336 posts

re: Why Louisiana Stays Poor
Corrupt politicians and a populace who doesn't give a shite. That's why


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100
fallguy_1978
LSU Fan
Half mile from St George
Member since Feb 2018
22955 posts
 Online 

re: Why Louisiana Stays Poor
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


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184
Sao
SMU Fan
University Park, TX
Member since Jun 2009
42203 posts

re: Why Louisiana Stays Poor
quote:

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





Poor Sportsmanship Paradise...


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30
Aristo
LSU Fan
Baton Rouge
Member since Jan 2007
10493 posts

re: Why Louisiana Stays Poor
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?


kingbob
LSU Fan
Sorrento, LA
Member since Nov 2010
52090 posts

re: Why Louisiana Stays Poor
Who does gumbo pac pay to post this bs every other week?


Sao
SMU Fan
University Park, TX
Member since Jun 2009
42203 posts

re: Why Louisiana Stays Poor
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?


lowhound
LSU Fan
Effie
Member since Aug 2014
3683 posts
 Online 

re: Why Louisiana Stays Poor
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


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02
fallguy_1978
LSU Fan
Half mile from St George
Member since Feb 2018
22955 posts
 Online 

re: Why Louisiana Stays Poor
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.


Brosef Stalin
LSU Fan
Member since Dec 2011
33443 posts
 Online 

re: Why Louisiana Stays Poor
quote:

it should probably be on the Politics Board.

Should probably be on the Germans board. This has been posted a million times.


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20
fishfighter
LSU Fan
Baton Rouge
Member since Apr 2008
35985 posts
 Online 

re: Why Louisiana Stays Poor
quote:

Why Louisiana Stays Poor


Top 1% say different.


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Aristo
LSU Fan
Baton Rouge
Member since Jan 2007
10493 posts

re: Why Louisiana Stays Poor
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?


NIH
LA-Lafayette Fan
Member since Aug 2008
98293 posts

re: Why Louisiana Stays Poor
If only JBE and our legislature had more money, we’d be doing great!


BHM
Member since Jun 2012
1451 posts

re: Why Louisiana Stays Poor
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.



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30
hawkster
Member since Aug 2010
5871 posts

re: Why Louisiana Stays Poor
So if we kill every subsidy and give every resident a whopping $2900 per year, Louisiana won’t be poor anymore?


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61
Oilfieldbiology
LSU Fan
Member since Nov 2016
13186 posts
 Online 

re: Why Louisiana Stays Poor
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


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90
JDPndahizzy
LSU Fan
JDP
Member since Nov 2013
440 posts
 Online 

re: Why Louisiana Stays Poor
pretty good watch. Don't know if I agree with everything said but makes perfect sense.


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11
Parmen
LSU Fan
Bilderberg Citadel, Antarctica
Member since Apr 2016
15712 posts

re: Why Louisiana Stays Poor
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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