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Started By
Message
re: La. needs to grow the economy
Posted on 6/6/18 at 12:35 pm to jptiger2009
Posted on 6/6/18 at 12:35 pm to jptiger2009
quote:That's some solid cornerstones, right there....
legalize weed and sports betting would be a good start
0
Posted on 6/6/18 at 12:40 pm to Machine
quote:
legalize weed and sports betting would be a good start
hell legalize all vices and lets compete with vegas
No. This won't work.
Posted on 6/6/18 at 12:45 pm to SlowFlowPro
Is this where we pretend there is a solution to a century's worth of decay?
Posted on 6/6/18 at 1:22 pm to SlowFlowPro
We need to get a think tank to look at every inducement the state provides and ask whether or not it all adds up.
For instance we have spent over a Billion dollars in the last several years to build a movie industry only to learn that that industry is so mobile that as soon as they began to talk about cuts many of those folks bailed.
Instead of a Billion invested in the movies, what would the economic impact of another Miss River bridge for the EBR region.
Or look at what we invested in the IBM development in BR. What is the impact? Was it worth it and did it have the desired ripple effect they talk about? Does anyone evaluate these projects after completion to see if they were good, sound ideas?
I realize La. is limited somewhat, but that doesn't mean you shouldn't expect more than what we have now. We accept the fact that our politicians are going to cater to special interests first and then do the best they can. That kind of thinking allows the crooks to do as they please.
We need infrastructure, a sound tax base to fund the basics, but we can't afford all the extras that we provide. All that needs to be cut out and the funds used to provide good roads, a good second education system, a network of two year colleges and a handful of universities.
It's time we address the future and not all these short term solutions that Edwards wants to keep the status quo.
For instance we have spent over a Billion dollars in the last several years to build a movie industry only to learn that that industry is so mobile that as soon as they began to talk about cuts many of those folks bailed.
Instead of a Billion invested in the movies, what would the economic impact of another Miss River bridge for the EBR region.
Or look at what we invested in the IBM development in BR. What is the impact? Was it worth it and did it have the desired ripple effect they talk about? Does anyone evaluate these projects after completion to see if they were good, sound ideas?
I realize La. is limited somewhat, but that doesn't mean you shouldn't expect more than what we have now. We accept the fact that our politicians are going to cater to special interests first and then do the best they can. That kind of thinking allows the crooks to do as they please.
We need infrastructure, a sound tax base to fund the basics, but we can't afford all the extras that we provide. All that needs to be cut out and the funds used to provide good roads, a good second education system, a network of two year colleges and a handful of universities.
It's time we address the future and not all these short term solutions that Edwards wants to keep the status quo.
Posted on 6/6/18 at 1:50 pm to doubleb
quote:
We need to get a think tank to look at every inducement the state provides and ask whether or not it all adds up
Here is PAR's 2015 take on the Movie Tax credits
For what it's worth, I think the legislature pretty much adopted their recommendations (with a few changes here and there).
Posted on 6/6/18 at 1:50 pm to doubleb
quote:
We need to get a think tank to look at every inducement the state provides and ask whether or not it all adds up.
Why? The legislature just ignores those reports. The Alverez and Marcel Study had some great and practical ideas. Nobody read it.
The Tax Reform group had some good suggestions. Legislature killed every single bill to implement the suggestions. Really you had supposed conservatives
(Schroder) killing bills to cut incentive spending left and right, and Democrats (Katrina Jackson) proposing spending cuts which were killed by Conservatives on Ways and Means.
Posted on 6/6/18 at 1:53 pm to Machine
quote:
legalize weed and sports betting would be a good start
hell legalize all vices and lets compete with vegas
I remember when the lottery was going to solve our budget woes.
Then off track betting.
Then poker machines in bars.
Then "Truck Stop" casinos.
Then riverboat casinos.
Then the Land Based casino.
Hey, I'm not against anything you're proposing, I guess. I'm just not naive enough to think it will make even a tiny bit of difference in solving anything fiscally in this state.
Posted on 6/6/18 at 1:54 pm to Mr.Perfect
quote:
We just don’t have the infrastructure
Yeah, well that could change... if corruption was cleaned up and taxes go to what they’re supposed to go towards.
And for the record, I’m not a LA resident but I do own property and pay taxes in LA so I have some skin in this game.
Posted on 6/6/18 at 2:17 pm to Kino74
quote:
people lose their minds saying you can't do that or it won't work
That should be the state motto for Louisiana.
Internet? That'll never work, it's just a fad. Actually heard that from a business owner about 20 years ago
quote:
Yet our neighbor Texas nails it and we stick our heads in the mud.
A Louisiana person would say that's because they don't have as many black people (per capita) If that will never work is proved wrong then the fall back is the black folks.
quote:
She also believed Hammond was big enough and didn't need anymore growth and one could get a job there. The concept of a better life is alien to some people accustomed to scraps.
Had a family member who ended up marying a rich businessman from Mexico and deal with the movers and shakers of the world, traveled extensively, etc. , she came back to Louisiana when her om died to settle up the estate, etc during the casino bidding process 25+ years ago and she remarked at how small the people in Louisiana thought...."if you are happy with shite, then all you will get is diarrhea."
Posted on 6/6/18 at 2:20 pm to doubleb
I believe the ruling party is on the other side of that issue.
Posted on 6/6/18 at 2:37 pm to BlackAdam
The governor has to lead, the legislature can not. Our system is designed for a strong governor, and not a strong legislature.
Other than a way out there tax plan and other outright tax increases, and expanding Medicaid; what is our governor doing?
He certainly isn't doing anything to grow the economy, or anything except cry about a fiscal cliff that's not his fault.
Governors that lead from the front get things done. La. is suffering from what this governor and the last governor failed to do, lead in the public's best interest. All they seem to do is run for office.
Other than a way out there tax plan and other outright tax increases, and expanding Medicaid; what is our governor doing?
He certainly isn't doing anything to grow the economy, or anything except cry about a fiscal cliff that's not his fault.
Governors that lead from the front get things done. La. is suffering from what this governor and the last governor failed to do, lead in the public's best interest. All they seem to do is run for office.
Posted on 6/6/18 at 2:39 pm to kingbob
These discussions always devolve in either nothing can ever change or move to Texas. I love living in Louisiana and want to see my home state improve. As another poster mentioned, we have a shitload of oil and the mouth of the Mississippi. There is no reason that we should not be on par with other states.
Posted on 6/6/18 at 2:40 pm to saints5021
quote:
These discussions always devolve in either nothing can ever change or move to Texas. I love living in Louisiana and want to see my home state improve. As another poster mentioned, we have a shitload of oil and the mouth of the Mississippi. There is no reason that we should not be on par with other states.
The best thing that could possibly happen to Louisiana is that it just becomes part of TX
It's clear LA is never getting its shite together
Posted on 6/6/18 at 2:42 pm to doubleb
People like to shite on Mississippi, but Mississippi is quietly growing while Louisiana is damning itself.
Another high tech firm announced its coming to MS this week. 100 jobs or so averaging $60k.
Another high tech firm announced its coming to MS this week. 100 jobs or so averaging $60k.
This post was edited on 6/6/18 at 2:43 pm
Posted on 6/6/18 at 2:43 pm to doubleb
This has been the states problem for a long time. Our most famous politician is communist and noted liar. Our second most famous one is a felon.
This post was edited on 6/6/18 at 2:58 pm
Posted on 6/6/18 at 2:45 pm to Y.A. Tittle
Exactly, raising revenues shouldn't be the goal of govt.
Providing services for the people by growing the economy should be the goal instead.
I remember the debate over the lottery. That revenue was going to fix education. We know how that went.
I was against a lottery, but for regulated casinos. Why? Casinos build facilities, buy goods and services and hire folks. The lottery does very little in those basic areas, but prevents folks from spending their discretionary money on businesses that do build things, do hire people and buy goods and services.
Providing services for the people by growing the economy should be the goal instead.
I remember the debate over the lottery. That revenue was going to fix education. We know how that went.
I was against a lottery, but for regulated casinos. Why? Casinos build facilities, buy goods and services and hire folks. The lottery does very little in those basic areas, but prevents folks from spending their discretionary money on businesses that do build things, do hire people and buy goods and services.
Posted on 6/6/18 at 2:45 pm to Oilfieldbiology
Mississippi deserves to get shite on...as bad as Louisiana could be, I shutter to think what living my life in Mississippi would be.
Posted on 6/6/18 at 2:47 pm to anc
I visited Mississippi last weekend.
I travelled extensively off the interstates and guess what? They had a well designed system of state highways.
I travelled extensively off the interstates and guess what? They had a well designed system of state highways.
Posted on 6/6/18 at 2:48 pm to doubleb
FWIW, i just moved away from LA after being born, raised, and educated here. LA has nothing going for it except its culture, and that is likely a big part of it’s lack of economic diversity. As a tax payer, you get nothing in return, especially living in Nola
Posted on 6/6/18 at 2:51 pm to doubleb
quote:
But we are where we are now. Governor Edwards is in charge. Besides raising taxes, what have you got?
The only way forward is to start embracing a culture of ambition and progress, which is sometimes at odds with the laissez faire attitude of the region. We can still have Mardi Gras but some things have to change. People in Louisiana hate change
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