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re: John Bel Edwards has no respect for business--still wants to tax em more and raise wages
Posted on 7/24/17 at 2:25 pm to SlowFlowPro
Posted on 7/24/17 at 2:25 pm to SlowFlowPro
The State Constitution is horrible.
Jindal should have addressed this.
Jindal's biggest flaws were his sins of omission.
He should have crammed defined contributions retirement plans down the state's workers throat (to his credit he did vastly improve a very bad situation but he could done better--the very rich retirement plans of the state will keep us from cutting a lot taxes) He darn should have capped the exemptions of government retirees income tax at a level fair to the rest of us.
He should have vetoed every bill the leges sent up until they closed SUNO. JBE lead the charge to keep that money pit open.
Of course he should have ended instead of expanding film welfare.
He should not have let Moret run wild throwing LED money around.
JBE is far worse than Jindal however.
I wish Mike Foster would run again. I don't care if he is 90.
Jindal should have addressed this.
Jindal's biggest flaws were his sins of omission.
He should have crammed defined contributions retirement plans down the state's workers throat (to his credit he did vastly improve a very bad situation but he could done better--the very rich retirement plans of the state will keep us from cutting a lot taxes) He darn should have capped the exemptions of government retirees income tax at a level fair to the rest of us.
He should have vetoed every bill the leges sent up until they closed SUNO. JBE lead the charge to keep that money pit open.
Of course he should have ended instead of expanding film welfare.
He should not have let Moret run wild throwing LED money around.
JBE is far worse than Jindal however.
I wish Mike Foster would run again. I don't care if he is 90.
Posted on 7/24/17 at 2:28 pm to Machine
quote:
Please define this.
Please define this. Republicans controlled the governors office and state legislature for almost 5 years
So? what is the mess?? Are you saying under funded government is a mess? that taxpayers being able to keep more money while government has to find cuts is a bad thing??
Posted on 7/24/17 at 3:08 pm to I B Freeman
quote:
Move tomorrow to guaranteed contribution retirement plans for all state workers under age 35 and end guaranteed benefit plans for these workers.
You'd have to move new hire employees. Any current workers under 35 may lead to legal issues since the constitution defines retirement as a contractual relationship.
Regardless the defined benefit plan isn't the real cost to the state, it's the payments on the initial unfunded accrued liability for current retirees and many long dead. The state is obligated to pay it off by 2029, but backended the payments so these last few years are at extremely high cost (which leads to higher employer contributions).
Without the IUAL, the state really only pays around 4-5% towards an individual employees retirement. It's less than paying social security, hence why it was set up in the beginning.
Posted on 7/24/17 at 3:20 pm to KiwiHead
quote:
I assure you that the number reported for white women is artificially low. Black women are getting them in very high numbers, but the middle to upper middle class white women get them in very much under reported numbers. Black people go to a clinic or Planned Parenthood.....the white Republican women go to a private provider....they are out there.
^THIS x 1000
Thank you for being informed about this issue. Even I will admit that Black women abort more in terms of pure numbers. However I have had plenty of white friends tell me of abortions in their family and how they 'know the right places' to get it done.
Posted on 7/24/17 at 3:21 pm to I B Freeman
quote:
Last year, LSU's Public Policy Research Lab found that 76 percent of Louisiana residents support increasing the minimum wage.
I'm not reading this whole thread but he only wants to increase the minimum wage $.50. Big fricking deal. It'll never get passed by the legislature.
Posted on 7/24/17 at 3:48 pm to LSULaw2009
quote:
Without the IUAL
Which will forever be if politicians can buy votes by changing benefits.
Posted on 7/24/17 at 3:56 pm to LSULaw2009
quote:
You'd have to move new hire employees. Any current workers under 35 may lead to legal issues since the constitution defines retirement as a contractual relationship.
Regardless the defined benefit plan isn't the real cost to the state, it's the payments on the initial unfunded accrued liability for current retirees and many long dead. The state is obligated to pay it off by 2029, but backended the payments so these last few years are at extremely high cost (which leads to higher employer contributions).
Without the IUAL, the state really only pays around 4-5% towards an individual employees retirement. It's less than paying social security, hence why it was set up in the beginning.
No, just stop. That is at best a half truth.
Without the UAL, (not the IUAL) the state pays about 4-5%. The IUAL is now less than half of the total UAL. Been that way for a few years now. So no, it ISN'T just some debt that happened long ago. It is continually accruing because all the risk is on the state. So if anything goes outside of the assumptions (market loss, longer life expectancy, additional benefits IE COLAS!!!!) that adds to the UAL.
A defined benefit plan would fix that nonsense (though other moderate, hybrid options would help too).
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