While Louisiana faces many of the same fiscal issues faced by other states, our problems have been compounded by the fact that we have an appropriations process that is particularly inflexible.
Louisiana’s economic prospects are mediocre, according to a new report released by the American Legislative Exchange Council, which ranked the 50 states according to their economic outlook in 2013.
Thumbtack.com, in partnership with the Ewing Marion Kauffman Foundation, has released the second-annual Thumbtack.com Small Business Friendliness Survey showing that small businesses rated Louisiana among the most business friendly states, particularly in terms of its training programs and labor regulations.
The study finds that the Governor’s tax reform would create 11,810 new jobs in the state by 2017– or roughly 3,000 jobs per year directly relate to these tax changes—while maintaining revenue neutrality.
Many Americans are now looking to state legislatures to step in and take the lead in amending the Constitution to curb the Congress’ outrageous spending problem.
A study of the 100 largest public pension plans in the U.S. highlights Louisiana’s pension fund troubles.