Jindal to leave Louisiana's next governor with budget mess

[Peacetrain]

I saw this guy on TV just last week bragging about how La. has all these years of growth.. the truth always always comes out


http://news.yahoo.com/jindal-leave-louisianas-next-governor-budget-mess-164848646.html


BATON ROUGE, La.

(AP) — Year after year, Louisiana didn't have enough money to cover its expenses, yet Gov. Bobby Jindal refused to roll back income tax cuts or ever-increasing corporate tax breaks. Instead, he raided reserve funds and sold off state property.

Jindal suggested job growth from his economic development wins would replenish those assets once the recession ended. It hasn't — and money from the lucrative oil industry has taken a nose dive with crude prices. Now, the Republican is running out of short-term patches and is struggling to plug a $1.6 billion budget hole just as he tries to build support for a possible 2016 presidential run
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Edit to add.. he apparently raided the state of monies to give big corporations tax breaks.. sigh

[FSogol]

1. Pssst, he plans on blaming Obama.

[Peacetrain]

2. We can almost take that one to the bank

They right destroys everything .. they are just horrible money managers..

[KamaAina]

3. They were bad enough off even before oil prices started to plummet

Now it looks like it's gonna be as bad as it was in the late '80s, when I first discovered NOLA and set my sights on moving there. Eventually I did, but the job quickly fell through, and there was nothing else around. Thanks, Booby!

[Peacetrain]

9. Sorry about that Kama..

I have never been to NOLA.. but would love to go.. some day..

[KamaAina]

13. Well, if I had stayed, I would never have gotten to Hawai'i

and I would have been one of the 100,000 New Orleanians without a car on that dark day in August 2005.

[UTUSN]

4. R#3 & K n/t

[HereSince1628]

5. Walker has taken WI into $2b deficit for the next budget

Last edited Wed Feb 11, 2015, 08:42 PM - Edit history (1)

Obviously, these governors are doing the rightwing things.

[Peacetrain]

10. The same thing Bush did (W)

They run their states into the ground.. get a little happy talk going about being a different kind of conservative, and set their sites on running the country into the ground..

[JaneyVee]

12. And lets not forget Brownback in Kochtopia.

[tosh]

6. Isn't that what the R's always do?

Without fail.

[Peacetrain]

11. without fail is right

every single time

[louis-t]

7. Every Dem running for office should carry with them at all times

copies of the budgets of every state with a repug governor. This would prove once and for all what is the end result of their top-down ideology. It's the same story every time. Tax breaks for corporations that will magically increase revenues but never do, cuts to the poor that will magically transform economies but never do, shrinking of government to create jobs that never materialize, followed by staggering debt, one-time fixes for recurring expenses, selling off of public property, accounting tricks, etc, etc...
My state has seen its share of this. Our former GOP gov Engler ran up a $4 billion deficit. When Dem gov Granholm got it down to $1.5 billion, a new GOP gov took over after being elected by saying Granholm ran up a $1.5 billion deficit.

[Peacetrain]

8. Awesome Idea!!