Billions of Dollars in the Red, Louisiana Has Been Destroyed by Bobby Jindal

[KamaAina]

http://www.politicususa.com/2016/03/09/billions-dollars-louisiana-destroyed-bobby-jindal.html

Starting a new job can be an exhilarating experience, especially when that new position is at the wishes and consent of millions of voters. However, for Louisiana’s new governor, John Bel Edwards (D), whatever exhilaration might exist at being chosen to run the state likely turned to fright and despair when he realized just how devastating was the severe budget crisis left him by his predecessor. It is an all-too-common story in America: a Republican administration inherits a surplus and directly sends the economy into free-fall by racking up colossal deficits, and then a Democrat has to spend their time and energy cleaning up what is always an economic disaster.

Last month Louisiana’s residents were weeping and gnashing their teeth when the state’s new leadership publicly admitted that “the elite” Louisiana State University (LSU) football program was in jeopardy due to the state’s budget crisis. However, now that the full extent of the economic clusterf*ck executed by former governor Jindal and Republican legislature left for the new leadership is fully realized, it is curious there is not a mass migration out of state. Or at least mass suicides due to the seemingly hopeless economic situation another Republican put another state in....

Faced with such inflexibility and crisis, Louisiana lawmakers now realize that facing a massive budget crisis, they are left with only dramatic options; options Democrats do not like but the legislature is controlled by the same Republicans that helped Jindal decimate the state. The Republican legislature is “considering cuts to programs that are protected by the state Constitution even in emergencies,” as well as the current doomsday across-the-board cuts to most of the state’s agencies that are not constitutionally protected. Some Democrats in the legislature want to reverse Jindal’s income tax cuts and restore the pre-Jindal era rates, but Republicans want to hike the state’s sales tax so the poor and middle class bear the burden – all to preserve the tax cuts for the rich and corporations.

For residents of Louisiana who are not rich, it is a pity that they are victims of yet another Republican administration’s deliberate economic malfeasance and demise, but it is also a prime opportunity for Democrats, nationally and at the state level, to point out that Republicans’ trickle down madness is literally destructive. It is a very bad sign when a state’s politicians and economic analysts say that Jindal’s tax cut madness means that “Louisiana may soon fundamentally cease to function as a state,” and if it was just one state it would be bad enough. But it is every Republican state that appears to exist only to give or preserve tax cuts for the rich and corporations.

They spelled "Booby" wrong again!

[Wellstone ruled]

1. Just the tip of the Berg that is coming to sink

the Republican run States. Some futurist foretasted a major loss for Republicans this year and in the next four years,based on debt issues at the State levels. Is this the start?

[suffragette]

2. Disaster capitalism - the Republicans do it again and again

http://www.nola.com/politics/index.ssf/2016/03/the_man_who_isnt_there_jindal.html

"We've been living in a fictional world for the last eight years," said Jay Dardenne, a Republican who served as lieutenant governor under Jindal and is now chief financial adviser to Gov. John Bel Edwards, a Democrat who inherited the problems.
Edwards called the special session to try to stabilize Louisiana's budget. He also suggested he is revealing the true depth of the problems Jindal hid.
"It's time for fiscal responsibility in this state. No more smoke and mirrors," Edwards said.

[UCmeNdc]

3. Another Great GOP leader!