Louisiana’s economy isn’t as robust as Jindal’s spin

English: New Orleans, LA, August 31, 2008 -- A...

Gov. Bobby Jindal (Photo credit: Wikipedia)

By Robert Mann

Talk about mixed messages. First, Gov. Bobby Jindal frets that Louisiana’s economy is so weak that we must abolish personal and corporate income taxes. Then, he reassures us our economy is booming.

“The bottom line is that for too long, Louisiana’s workers and small businesses have suffered from having a state tax structure that is too complex and that holds back economic prosperity,” Jindal said in January, when pitching his failed tax plan.

But now, it’s morning in Louisiana. “Louisiana is one of the best places for businesses to invest and create jobs,” Jindal boasted recently.

So, which is it? Are we so hostile to business that Jindal’s own brother won’t live here? Or, is everything marvelous because of Jindal’s stunning achievements?

With his tax plan dead, Jindal must embrace the latter narrative. True or not, it’s a powerful one, supported by a succession of studies.

In May, ChiefExecutive.net declared Louisiana the 11th best state for business. In July, Pollina Corporate Real Estate ranked us 14th among pro-business states.

This month, it’s Area Development, which concluded that Louisiana is sixth among the “Top States for Doing Business” in 2013. The editors assert that Louisiana has secured economic development projects “that are creating more than 63,000 new direct and indirect jobs and more than $28 billion in new capital investment, along with hundreds of millions of dollars in new sales for Louisiana’s small businesses.”

continue reading at NOLA.com

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3 Responses to Louisiana’s economy isn’t as robust as Jindal’s spin

  1. Pingback: Jindal: Let’s give a billion dollars to Sasol, but cut our colleges and universities | Something Like the Truth

  2. Pingback: Stephen Moret is not happy | Something Like the Truth

  3. Michael Sartisky says:

    Bob:

    You are the Paul Krugman of Louisiana and one of the few voices keeping me from thinking I am talking to myself. If you can, you should see Truckful of Ink playing at UNO. You would think you and I wrote half of it.

    Michael Sartisky, PhD President/Executive Director Direct 504.620.2480 http://www.leh.org http://www.KnowLA.org [cid:D03EF19F-9BD2-4CBA-9A07-6479086D119F]

    From: Something Like the Truth <comment-reply@wordpress.com> Reply-To: Something Like the Truth <comment+pg4xl102xy0ujctfgnpyzaj@comment.wordpress.com> Date: Sunday, September 15, 2013 7:27 AM To: Michael Sartisky <sartisky@leh.org> Subject: [New post] Louisianas economy isnt as robust as Jindals spin

    Robert Mann posted: ” By Robert Mann Talk about mixed messages. First, Gov. Bobby Jindal frets that Louisiana’s economy is so weak that we must abolish personal and corporate income taxes. Then, he reassures us our economy is booming. “The bottom line is that for too”

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