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re: NOLA withdraws application to Bond Commission
Posted on 7/10/26 at 10:20 am to Hangover Haven
Posted on 7/10/26 at 10:20 am to Hangover Haven
Your graph shows a really significant period of all but complete stagnation, when other similar areas of the Sunbelt were booming.
What is driving the post-covid seeming uptick you think?
What is driving the post-covid seeming uptick you think?
1
Posted on 7/10/26 at 10:25 am to Y.A. Tittle
quote:
What is driving the post-covid seeming uptick you think?
I have no idea, but it's not "dwindling"...
Posted on 7/10/26 at 10:27 am to Hangover Haven
quote:
I have no idea, but it's not "dwindling"...
Relatively speaking, I'd say yeah it is. You have to have your head in the sand to believe otherwise.
Posted on 7/10/26 at 10:29 am to Y.A. Tittle
quote:
Relatively speaking, I'd say yeah it is. You have to have your head in the sand to believe otherwise.
Just like your original comment...
Posted on 7/10/26 at 10:29 am to Y.A. Tittle
quote:
I'm not gloating about this fact, by the way.
I didn't take it that you are, fwiw.
Posted on 7/10/26 at 10:32 am to Hangover Haven
Pull the graphs for similarly situated regions, bro. Hell, pull the graph to show what a place like JP was looking like prior to the 1980s oil bust.
I wish the region and the state had legitimate economic drivers as much as anyone. Sadly, we are far from there at this point.
I wish the region and the state had legitimate economic drivers as much as anyone. Sadly, we are far from there at this point.
Posted on 7/10/26 at 10:56 am to Y.A. Tittle
New Orleans was an “engine” 50 years ago. Cubbies’ “secession” argument would’ve held up better when the local economy wasn’t dependent on festivals and sporting events.
Posted on 7/10/26 at 11:06 am to NIH
Industry is the economic engine of the state. Plus…just wait until ALL the LNG plants are online.
The only thing the state needs down in NOLA is the port.
The only thing the state needs down in NOLA is the port.
Posted on 7/10/26 at 11:08 am to NIH
I thought you had a sense of humor? Are you just being intentionally obtuse by framing "cubbies' secession argument" as some legitimate argument I posed?
You really thought I was being serious when I said "The people are calling for my leadership"?
You really thought I was being serious when I said "The people are calling for my leadership"?
Posted on 7/10/26 at 11:10 am to Y.A. Tittle
quote:
I wish the region and the state had legitimate economic drivers as much as anyone. Sadly, we are far from there at this point.
This isn't something I've thought deeply about or researched, but my hunch is that the climate is driving a lot of people away. The actual climate, not even the political or economic one. I'm hoping 5-10 years of no to few hurricanes will reverse the trend.
Posted on 7/10/26 at 11:43 am to 4cubbies
Texas and Florida don’t seem to be feeling any effects of the “climate.” Even places like Mississippi and Alabama are trending up.
New Orleans is just not an attractive area for white collar employing companies. Bad schools, lack of talent, bad infrastructure, etc. even the suburban schools are bad until you get to the north shore. Places like Nashville and Austin are decades ahead of New Orleans, let alone the other sunbelt cities. I think people bury their heads into real estate reports or whatever, which is mostly being driven by vacation home buyers.
There seemed to be some momentum around 2010-2015 but Mitch didn’t seem to capitalize other than some speaking gigs.
New Orleans is just not an attractive area for white collar employing companies. Bad schools, lack of talent, bad infrastructure, etc. even the suburban schools are bad until you get to the north shore. Places like Nashville and Austin are decades ahead of New Orleans, let alone the other sunbelt cities. I think people bury their heads into real estate reports or whatever, which is mostly being driven by vacation home buyers.
There seemed to be some momentum around 2010-2015 but Mitch didn’t seem to capitalize other than some speaking gigs.
This post was edited on 7/10/26 at 11:44 am
Posted on 7/10/26 at 12:47 pm to Slippy
quote:
The mayor did not indict the AG. I have no doubt that she knew nothing about it, and was probably horrified when she heard about it, because she knew what it would mean. Furthermore, she has no power to stop it.
Who initiated the investigation and indictment?
If this really happened under her watch as the ranking exec in the city and she knew nothing about it, it makes her look even more incompetent.
Posted on 7/10/26 at 12:52 pm to NIH
quote:
Landry (the state) having to make the state trooper precinct permanent because of NOLA’s incompetence is kind of the point.
Exactly. Decades of evidence that the city and its residents are incapable of self-governance.
Within city limits, the tourist and convention areas around the quarter are really all that's important from an economic perspective. Maybe the state could make those areas some kind of special district subject to state-controlled governance and law enforcement.
Posted on 7/10/26 at 2:03 pm to NIH
Louisiana, and New Orleans in particular, isn’t comparable to most of the Sun Belt. Texas, Alabama, and much of Florida haven’t experienced the same combination of repeated catastrophic hurricanes, flooding, skyrocketing insurance costs, and population displacement that southeast Louisiana has. Katrina, Ida, Gustav, Isaac, Zeta, Francine had real long-term economic consequences.
We still need better governance and a more diversified economy, but it’s difficult to separate those issues from the fact that businesses and families have to factor in some of the highest disaster risks in the country to live or move here.
We still need better governance and a more diversified economy, but it’s difficult to separate those issues from the fact that businesses and families have to factor in some of the highest disaster risks in the country to live or move here.
Posted on 7/10/26 at 2:20 pm to 4cubbies
Go ask people in Florida or coastal Texas about their insurance.
Even if you accept your argument, that is an excuse. New Orleans is more competitive with cities like Mobile and Baton Rouge than it is with cities like San Antonio, Austin, Nashville, Charlotte, Raleigh, etc. Even Memphis has 3-4 Fortune 500 companies and a handful of fortune 1000 companies. New Orleans has Entergy.
I wouldn’t be surprised if cities like Boise and Huntsville surpass New Orleans within the next two decades.
New Orleans is a nice city to visit but people who live there greatly overestimate its importance.
Posted on 7/10/26 at 4:49 pm to NIH
quote:
Even if you accept your argument, that is an excuse. New Orleans is more competitive with cities like Mobile and Baton Rouge than it is with cities like San Antonio, Austin, Nashville, Charlotte, Raleigh, etc. Even Memphis has 3-4 Fortune 500 companies and a handful of fortune 1000 companies. New Orleans has Entergy.
The average cost of homeowners insurance in Memphis ranges from $2,197 to over $3,200 per year.
The average homeowners insurance premium in New Orleans ranges between $4,500 and $6,100 per year (about $375 to $510 per month) for $300,000 in dwelling coverage.
freeport-mcmoran was a Fortune 500 company headquartered in New Orleans that left after Katrina.
TIL Smoothie King started in Kenner.
quote:it’s historical importance literally cannot be overstated. It brings significant tax revenue into the state as well, that would be impossible to replace.
New Orleans is a nice city to visit but people who live there greatly overestimate its importance.
Baton Rouge sucks. Idc how great the GDP is, it’s still Baton Rouge. Baton Rouge has many of the same problems as New Orleans, but none of the charm, levity, or fun. If “Actually…” were a city, it’d be Baton Rouge.
This post was edited on 7/10/26 at 4:57 pm
Posted on 7/10/26 at 5:10 pm to 4cubbies
quote:
historical importance
Is for history books
New Orleans isn’t a relevant city to corporate America. You may not like it but that’s the case.
Posted on 7/10/26 at 5:12 pm to TigerintheNO
Posted on 7/10/26 at 6:39 pm to NIH
Sick burn.
Louisiana isn’t relevant to corporate America. Most of the cities in America aren’t relevant to corporate in America.
I already know you hate New Orleans and you’re rooting for bad things happen to the city. You’re not hurting my feelings by pointing out that New Orleans isn’t NYC or Boston. You certainly have my blessing to continue complaining about it from whatever suburb of Houston you call home.
Louisiana isn’t relevant to corporate America. Most of the cities in America aren’t relevant to corporate in America.
I already know you hate New Orleans and you’re rooting for bad things happen to the city. You’re not hurting my feelings by pointing out that New Orleans isn’t NYC or Boston. You certainly have my blessing to continue complaining about it from whatever suburb of Houston you call home.
Posted on 7/11/26 at 6:53 am to 4cubbies
I’m visiting New Orleans twice before end of year. Don’t be so emotional.
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