The Pelican Institute’s latest research compares Louisiana’s pension crisis Wisconsin’s. Despite less coverage, Louisiana’s situation is far worse, and Bobby Jindal’s plan is nowhere near enough to make a dent in the unfunded liabilities.
The National Debt Relief Amendment, which would mandate state approval before increases in the federal debt limit, has now passed in North Dakota. At least seven other states have equivalent resolutions either pending or with pledged sponsors, for what would be the first ever state initiated amendment to the U.S. Constitution.
The monks of St. Joseph Abbey have just won a victory in their case against economic protectionism from the state. They have been unable to produce simple caskets, facing fines, but the Institute for Justice has taken their defense in what is set to be a landmark case.
Louisiana’s high school dropout rate fell 31 percent from the 2008-09 school year to the 2009-10 year. However Louisiana’s four year high school graduation rate ranks 47th in the nation, at only 67 percent.
Democratic leaders are hounding the Ryan budget for its supposed severity and ideologically-driven agenda. Yet it is the most serious effort to curb record deficits and debts, by either party, in decades.
Francis Fukuyama, a world renowned political economist, presented the 15th annual Yates lecture at Tulane University. His latest book was available for the first time, and he presented on its theme – the dimensions of political development.
Governor Jindal’s plan to privatize three state prisons has received criticism from legislators who believe the move is shortsighted, while a study suggests that policies seeking to send more lawbreakers to prison is the cause of Louisiana’s overcrowding problem.
On ObamaCare’s one year anniversary, it is now evident that Louisiana residents will be forced off their private insurance and onto Medicaid. Louisiana health officials have also concluded that implementation will cost $7 billion over a 10-year period.
The Tax Foundation states that the 2011 Tax Freedom Day will fall on April 12th. However, if the federal government were to collect enough taxes to finance all of its spending – $1.48 trillion more in tax revenue – that would extend Tax Freedom day to May 23rd, the latest deficit-inclusive Tax Freedom Day since World War II.
To address New Orleans’ illiteracy and lack of access to solutions, Loyola University hosted, “Engaging Literacy: Research to Policy to Practice.” This introduced a new national project against illiteracy, with a focus here in Louisiana.