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Budget

Larry Reed on Louisiana Stimulus

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I had planned to comment on this amusing piece from the New York Times, but Lawrence Reed beat me to the punch. As always, Larry’s take is insightful. Another interesting aspect of the article is that it demonstrates a pronounced shift in the media narrative. Now that Bush is out […]

Budget

The NY Times Knows Best

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Recently the New York Times editorialized against Governors Bobby Jindal and Rick Perry for threatening to reject federal stimulus money tied to unemployment insurance. The editorial overlooks a number of key issues. First, the governors are chided for “putting ideology ahead of the needs of their constituents.” The assumption seems […]

Budget

Taxing Fun

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Louisiana Representative Robert E. Billiot, a Democrat from District 83 in Jefferson Parish, recently withdrew his bill which was designed to imposed a 1-percent sales tax on televisions and video game equipment. That money would have gone toward building playgrounds and fighting childhood obesity. Here is another example of a […]

Uncategorized

Income Growth in Louisiana

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Preliminary estimates released by the U.S. Bureau of Economic Analysis revealed that personal income growth slowed in 2008. In Louisiana, personal income growth slowed to 4.2 percent in 2008, a virtual crawl compared to 10.2 percent in 2007. Of course the decline is not limited to Louisiana, as personal income […]

Budget

State Treasurer John Kennedy on Louisiana’s Budget

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In a recent speech to the Houma Rotary Club, Louisiana State Treasurer John Kennedy has called for the state government to cut the fat out of the budget. In Kennedy’s opinion, the state government has more than enough money to cover the basic government services that are absolutely needed. “We […]