Not so fortunate were areas on the north shore of Lake Pontchartrain and on the east bank of Plaquemines Parish. Obviously, there is still work to do to protect life and property in some areas of coastal Louisiana, but the Hurricane Isaac experience is an indication that progress is being made. In addition to giving a greater sense of security to millions of our citizens, from an economic development standpoint it sends an important signal that investments are safer in Louisiana than they were seven years ago.
On its way to Louisiana, Isaac strolled past Tampa Bay but decided not to stop in to visit the Republican National Convention. After a delayed start, the convention started rolling and picked up steam. A bevy of speakers pounded the theme that America and Americans deserve better than the economic problems that continue to hamper the nation. The GOP plan is to create 12 million jobs in the next four years by: utilizing North American energy sources to make the U.S. energy independent; taking the regulatory boot off the neck of small businesses; preventing tax increases from negatively impacting jobs and investment; expanding trade agreements with nations that trade fairly and freely; and gradually lessening the deficits and national debt in order to keep the dollar sound and inflation under control. Governor Romney and his team have not yet provided a great degree of detail regarding the specifics of implementing that plan—a fact the Democrats are quick to point out. How effectively they sell it will go a long way toward determining who will be in the White House and which political party controls Congress.
After panning the GOP convention, the Democrats—sans hurricanes—are heading for Charlotte for their big show. The challenge that President Obama and his party face is to convince the few truly undecided voters left in a neck-and-neck race that they can make things better if they have the reins of power for the next four years. The key to the Democratic convention will be how well they can demonstrate that they have a plan finally to turn the economy around. Their cavalcade of speakers cannot simply trash Romney and the Republicans as being dangerous and uncaring. They must clearly convince a troubled nation that relief is on the way. If they can’t do that, they run the risk of seeing Republicans in control of both Congress and the White House next January.
by Dan Juneau, President of LABI
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What a week! Here are some things that caught my eye: