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13.1.22

Shreveport carefree spending LA should reject

Louisiana definitely doesn’t need to emulate Shreveport when it comes to disposing of the bonus generated by hyperinflated, live for today by paying for it tomorrow economic policy of Washington Democrats.

As recently noted, the largesse from huge national debt-fueled spending has created a false economy windfall for state and local governments, with Louisiana running big surpluses from forecast revenue levels. Of course, it will end soon and with lower economic growth nationwide in the future because of higher debt levels while the outsized price inflation from it will hit people and governments sooner.

Louisiana will benefit in the short term from revenue picked up by cramming borrowed money through the economy, but with known big one-time expenses on the horizon and policy changes set to reduce tax revenues for operating expenses, its best course of action would put the bonus to use in fulfilling those looming costs and not to make new commitments. If only Shreveport would have done the same.

12.1.22

LA must resist blowing bounty on new spending

Louisiana lawmakers need to pay close attention to the fable of the ants and the grasshopper as they ponder the latest fiscal news.

This week, the state’s Revenue Estimating Conference came up with some rosy numbers, courtesy of the debt-fueled binge by Washington Democrats. The country is paying for it now with accelerating inflation and later with reduced future economic growth, but at the state and local level it has produced a false economy, both by direct cash grants and squeezing more inflated dollars through the economic pipeline, that is here today and will go away tomorrow.

For Louisiana, that equates to around $1.3 billion in unallocated funds directable to Wuhan coronavirus pandemic aid for the next few years, a portion of which can supplement state and local public safety, education, and social service ongoing spending, as well as nearly $850 million more for state spending generated by its own sources in excess of past predictions (after taking off the top $275 million dedicated to liabilities reduction and revenue sharing). In addition, the REC said for this year another $1 billion would be collected in excess of forecasts, although this batch essentially can’t go to operating expenses.

11.1.22

Better policy, not wall, solution to GSU crime

Lawmakers should give a thumbs down to walling off Grambling State University from surrounding Grambling.

Last week, Democrat Grambling Mayor Ed Jones issued a public complaint about the university’s plans to spend $18 million on a security barrier that would envelop the campus. Last month, the University of Louisiana System formally added the proposal to the five-year capital outlay request for the school, staring next fiscal year. Legislators then would have to approve.

The item, fronted by Democrat former state Rep. Rick Gallot who now presides over GSU, comes as the institution’s response to several shootings on campus over the past few years. Most notably, two occurred in the space of days last October, resulting in a death and several injuries. While one of these occurred in the course of but not at Homecoming festivities, in the quadrangle area, and the other outside a heavily-trafficked building although both after midnight, the principals involved weren’t students nor from Grambling; one was a minor.

10.1.22

LSU surpasses woke with police state tactics

Louisiana State University in Baton Rouge has one-upped most woke universities. It’s demonstrating vividly the inevitable extension of wokeness: living in a police state.

As it and other Louisiana higher education institutions start the 2022 year of instruction, it continues its Wuhan coronavirus vaccine passport regime, which means either having a relatively unaged vaccination or recent negative test. For now, it requires face coverings indoors or on buses and within 50 feet of a building entrance. Passport violation results in student disenrollment and employee discipline.

That such measures have little to do with protecting the public goes without saying. The science consistently has noted that mask mandates don’t really affect transmission, that it is next to impossible to transmit the virus outdoors unless people are on top of each other for an extended period, and vaccination doesn’t prevent transmission especially in closed environments of lengthy co-mingling.

9.1.22

LA era of legal ganja sales compounds problems

The dawn of all-but-in-name marijuana legalization in Louisiana is the last thing needed in a state whose social norms hold back achievement and invite addictive behavior to decrease its citizens’ quality of life.

At the start of the year, laws where almost anything goes in making ganja available legally kicked in. Any physician in the state now can “recommend” (not “prescribe,” to prevent running afoul of federal law) smokable street-potent leaf theoretically in dealer-like quantities to anyone for any presumed ailment, despite the fact that medical research reveals only a small set of maladies have positive outcomes associated with cannabis use.

Most Louisiana doctors won’t go along, much less authorize a large amount. But some will, and shamelessly so. If a small coterie essentially created pill mills at far higher legal risk (and notoriously enough so that a whole television series came from these), don’t think a larger contingent won’t grasp at this opportunity, with the easy money available from consultation fees, and all legal.