Supply Side Nightmare As Bobby Jindal Pushes Louisiana Into The Fiscal Abyss

Tony Stark

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Tony Stark
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Joining Brownback and Walker on the list of Governor’s facing serious budget problems, is Louisiana Governor Bobby Jindal. On Friday, The New York Times reported that Louisiana is anticipating a 1.6 billion dollar budget shortfall for next year, and that the deficit will remain in that range for years to come. When Jindal took office in 2008, the state had a 900 million dollar surplus, and the unemployment rate was just 3.8 percent. Now, in addition to having a gaping budget shortfall, Louisiana’s unemployment rate is at 6.7 percent, above the national average.

http://www.politicususa.com/2015/02...bby-jindal-pushes-louisiana-fiscal-abyss.html
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Yeah, I'm sure some of you hate me exposing Republicans like this, but I'm going to keep on doing it at least until Hilary Clinton is elected President.
 
Tony Stark said:
Yeah, I'm sure some of you hate me exposing Republicans like this, but I'm going to keep on doing it at least until Hilary Clinton is elected President.
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$1.6 billion for the whole state? The Democratic paradise of Illinois has an $8 billion deficit, and we don't have 5 times the population.

Chicago Public Schools alone has an $800 million budget deficit, that's not even included in the state budget deficit. And the state pension system is underfunded to the tune of $100 billion (yes "billion" with a "b"), and the county and municipal pension deficits are at least as much.

Worst credit rating in the USA!

And 100% Democrat controlled (House, Senate, and Governor) for the last 12 years, we're a few weeks into a GOP governor who whose policies will be vigorously opposed by a veto-proof Dem legislature thanks to gerrymandering.

Highest unemployment rate in the Midwest, with the slowest job growth.

Vote Dem everybody, your state too could be just like Illinois!
 
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WildCat said:
$1.6 billion for the whole state? The Democratic paradise of Illinois has an $8 billion deficit, and we don't have 5 times the population.

Chicago Public Schools alone has an $800 million budget deficit, that's not even included in the state budget deficit. And the state pension system is underfunded to the tune of $100 billion (yes "billion" with a "b"), and the county and municipal pension deficits are at least as much.

Worst credit rating in the USA!

And 100% Democrat controlled (House, Senate, and Governor) for the last 12 years, we're a few weeks into a GOP governor who whose policies will be vigorously opposed by a veto-proof Dem legislature thanks to gerrymandering.

Highest unemployment rate in the Midwest, with the slowest job growth.

Vote Dem everybody, your state too could be just like Illinois!
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Dems are crappy in Illinois, therefore they are crappy everywhere?
 
IL's problem- IIRC - is due to the pension system, and exacerbated by corruption across both parties. LA, KS and WI are all states that had surpluses (I think, not sure about WI) before a Republican governor came in and destroyed the budget by implementing supply side woo.
 
Do we have a source for this other than politicususa?

That site is famous for pandering to partisans.

Quite beneath a site for skeptics, in my view.
 
maxpower1227 said:
IL's problem- IIRC - is due to the pension system, and exacerbated by corruption across both parties. LA, KS and WI are all states that had surpluses (I think, not sure about WI) before a Republican governor came in and destroyed the budget by implementing supply side woo.
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I live in Illinois, and I can assure you that you are wrong.
 
maxpower1227 said:
IL's problem- IIRC - is due to the pension system, and exacerbated by corruption across both parties. LA, KS and WI are all states that had surpluses (I think, not sure about WI) before a Republican governor came in and destroyed the budget by implementing supply side woo.
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Wisconsin did not have a surplus. Nonetheless Walker's policies have been slowly but surely turning us into Wississippi. Now that he's running for POTUS he's going even bigger and bolder in the crazy and ****** policy department to appeal to the base.

Unfortunately for Wisconsin, and potentially for the entire country, Walker is really good at making the ill informed public think the state is doing better when that is anything but the case.
 
maxpower1227 said:
IL's problem- IIRC - is due to the pension system, and exacerbated by corruption across both parties. LA, KS and WI are all states that had surpluses (I think, not sure about WI) before a Republican governor came in and destroyed the budget by implementing supply side woo.
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states are in much better financial shape after electing Republicans

Ohio, Wisconsin, IL, FL, TX

CA, NY, NJ, IL these are all disasters

Republicans have the best strategy for economic prosperity.
 
Elf Grinder 3000 said:
states are in much better financial shape after electing Republicans

Ohio, Wisconsin, IL, FL, TX

CA, NY, NJ, IL these are all disasters

Republicans have the best strategy for economic prosperity.
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Wisconsin is not in good financial shape. Neither is NJ, which has a Republican governor. CA is doing fine. Republicans have the best strategy for protecting wealth and privilege for those who already have it. For the rest of us? Not so much. You are delusional if you think Republicans are responsible stewards of the economy.
 
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The_Animus said:
Wisconsin did not have a surplus. Nonetheless Walker's policies have been slowly but surely turning us into Wississippi. Now that he's running for POTUS he's going even bigger and bolder in the crazy and ****** policy department to appeal to the base.

Unfortunately for Wisconsin, and potentially for the entire country, Walker is really good at making the ill informed public think the state is doing better when that is anything but the case.
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Didn't property taxes drop?
 
maxpower1227 said:
Wisconsin is not in good financial shape. Neither is NJ, which has a Republican governor. CA is doing fine. Republicans have the best strategy for protecting wealth and privilege for those who already have it. For the rest of us? Not so much. You are delusional if you think Republicans are responsible stewards of the economy.
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CA is not in good financial state, they along with IL have the worst bond rating.

Here's a list
http://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2014/06/09/sp-ratings-2014

Duh!
 
16.5 said:
So no? Oh, that is too bad. I usually don't pay attention to hyper partisan web sites like politcuusa, but I can see how it appeals to some.
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You apparently can only read when it suits your partisan purposes. Just in case I am wrong: The website I cited cited its sources!
 
Tony Stark said:
You apparently can only read when it suits your partisan purposes. Just in case I am wrong: The website I cited cited its sources!
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At iSkep, one is expected to cite ones sources, such as your claim that I only read things when it suits my partisan sources. Did you wish to source that tony?

Such as when you post a thread based on a fairly infamous propaganda site like this one?
 
16.5 said:
At iSkep, one is expected to cite ones sources, such as your claim that I only read things when it suits my partisan sources. Did you wish to source that tony?

Such as when you post a thread based on a fairly infamous propaganda site like this one?
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I cited my source. And my source cited its. It is totally expected that Republicans have nothing the baseless attacking of sources.
 
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