A new state ranking for assets relative to liabilities, released this week, finds Louisiana to be the second most indebted state in the South. Despite a balanced budget requirement, Louisiana has still managed to acquire $21 billion more in liabilities than it has assets to offset them.
Mayor Mitch Landrieu has requested limited removal of seniority privileges from consideration in city lay-offs, and the local chapter of the Service Employees International Union is unimpressed.
Don Briggs: It is a simple fact that shale gas resources in the U.S. are real and abundant, and natural gas production in the U.S. is at an all-time high.
Rep. Tony Ligi made every effort to pass legislation that would allow for greater public scrutiny of collective bargaining agreements between union officials and government agencies. His efforts fell short this time around but they have attracted national attention and will be revisited in Louisiana.
New report gives Louisiana an “F” for human capital – a measure of the labor force’s education and skills – for a third year in a row.
A new Cato Institute paper highlights the need for models that punish poor performance and reward good. Andrew Coulson assesses the relationship between philanthropic grants and academic performance in Charter schools.
Despite higher job numbers, Louisiana’s unemployment rate increased by 12 percent from May 2010 to May 2011. Louisianians are also staying on unemployment insurance longer.
Policy differences within Louisiana’s Republican Party complicated efforts to pay down the unfunded accrued liabilities (UALs) within the state’s retirement funds. Rep. Kevin Pearson’s (R-Slidell) was defeated in the Senate Retirement Committee on Sunday.
While all five of the proposals out of the Sentencing Commission passed, the most controversial received amendments to water them down. Dana Kaplan (pictured) of the Juvenile Justice Project of Louisiana spoke with The Pelican Post and assessed what the outcome means for Louisiana.
Achieving a highly improbable turnaround, Rep. Noble Ellington’s (R-Winnsboro) resolution for an anti-debt amendment to the U.S. Constitution won approval from the Louisiana Senate yesterday.