The US economy is booming. Stock market has soared yet, the first six months of 2018, it has sputtered. Oil prices have climbed, yet, the industry has not yet gushed back. We're in the middle of the second longest economic recovery in history, yet, fears of slow down persists. The US is taking on China and its best allies in the first shots of a trade battle due to tariffs. Economically, all systems are on “go”, full speed ahead, but uncertainty linger.
So, what gives? Has the economy been too good? You know, what goes up, must come down? Or, have deregulation, tax cuts and a bubbling business climate built up such a mighty buffer that any economic leaks due to shifting alliances and trade strategies won't penetrate the optimism?
Might President Donald Trump, whose anti-regulations policies have helped boost the economy, reverse some of the country’s gains with his trade policy, specifically tariffs and potential trade war?
That appears to be the question that many economists and business persons are wondering right now as the tariffs have begun but has not filtered down to some of the component manufacturer’s yet. Yet! Which is the point that Jay Lapeyre appears to be making in my interview that I did with him yesterday.
Tariffs. Trade war. Who wins? Who loses? What might the impact be on the State of Louisiana and its businesses?
The Red Hen got egged today, except it was the wrong bird. The Washington DC Red Hen which has nothing to do with the one in Virginia whose owner disgustingly gave Trump’s press secretary Sarah Huckabee Sanders, the boot, has received threats and eggs thrown at it.
You're upset over Trump Derangement Syndrome. I'm outraged about moer "Trump Lies Syndrome".
Today, was Exhibit A.
During the White House signing of the executive order reversing his outrageous “zero tolerance” policy on the issue of separating children from parents, Trump did a “birther”.
Respectful and refreshing.
Those are the words that came to my mind after discussing the Louisiana budget issues with former conservative Republican House of Representative Brett Geymann of Lake Charles, this morning via Bayoubuzz’s Facebook, Twitter and Youtube Live.
If you had the dictatorial powers to fix the Louisiana budget, how would you do it? Raise taxes such as sales taxes? Increase the income taxes? Property taxes?
On Monday, hours prior to the Louisiana legislative special session, number three, started, i asked John Kay Jr., how would he fix the state's problem with the budget? Kay is the State Director for the Louisiana Chapter of the Americans for Prosperity organization, a group funded by the conservative Koch Brothers. It favors smaller government.
With the Louisiana legislature revving up to start later this afternoon for its 3rd special session to deal with next year's budget which starts July 1 this year, here's the big question--will three be the charm? Actually, if you want to get technical, you can add the regular session to the mix, which would make four. However, that regular session prohibited raising any revenues since it was not a fiscal session, so, we won't count it to the tally.
Is it "throw granny out of her bed time, once again, as the Louisiana legislature continues the budget debate? Or, do those precious aged folks really have much to worry about, again, this time?
Earlier this spring, an uproar occurred during the budget debate of the regular session, when Governor John Bel Edwards announced that letters would be sent out to notify some seniors in nursing homes that they might have to be evicted if the revenues do not come to fruition to accomodate their services. The Republicans screamed bloody murder, claiming the Governor was ruthlessly scaring seniors, unnecessarily.