
Yesterday, Bobby Jindal went to Bastrop after the International Paper plant announced that it would close.
Over 500 souls will lose their jobs. The effect on local government, public schools, etc. will mean up to a 25% loss in revenues. Everyone will suffer.
The horse is out
Jindal’s efforts are the equivalent of closing the barn door after the horse escapes. It’s “hand-holding.” Jindal blames global economic conditions as if that somehow makes the jobless feel comforted.
According to a story in today’s Monroe newspaper “Gov. Bobby Jindal said Monday the state will spare no resources to prop up the community and International Paper employees….”
That is the equivalent of addressing the symptom, not the disease that afflicts our state’s economy. It’s easier and cheaper to prevent a fall rather picking up and propping up a community after a fall.
State government needs to begin doing “preventive maintenance” on the state’s economy instead of merely triaging the results of faltering economy. Put up a hand-rail instead of buying crutches for the fallen.
Any economist will say that 85% to 90% of any community’s economic growth will cut come existing businesses. What is Jindal and the leges doing for existing businesses?
A solution
The solution to the survival of all individuals and the communities in our state is to simply reduce taxes, fees and red tape.
A healthy economic climate will provide government all the revenues it needs to provide necessary services to the public.
It’s time for state government to look at its priorities in light of saving the private sector economy.
Jindal or the leges should call a special session to slash (not phase out) business taxes. It will only mean that state government must do with less. Less is better than nothing at all.
State spending has grown by $21 BILLION in the last 12 years. Surely, there are some items that LA did not have in the last 12 years that it could do without in order to save the private sector.
Survival of the private sector must be the top priority. If the private sector survives and prospers, then government will also. If the private sector fails, government cannot survive.
It’s common sense.  The private sector can survive without state government. State government cannot survive without the private sector.
Bobby, start addressing the problem and stop the campaign rhetoric.
C.B.
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CB
9:40 am