As we have come to expect from the left, caricature and oversimplification make for lots of red meat thrown to the unthinking masses, but it’s a lousy method for valid understanding of public policy ramifications.
Just such as example comes from a leftist opinion writer named David Leonhardt on the pages of the New York Times. In a recent piece, he attempted to use Louisiana’s income tax cutting during the former Gov. Bobby Jindal years as an indictment against that option, alleging that promises that “tax cuts would lead to an economic boom” didn’t pan out and produced the state’s budgetary difficulty.
More the second act of the speech he gave to kick off the special session recently concluded early, Democrat Gov. John Bel Edwards’ 2018 State of the State address just can’t let go, a broken record just sounding along.
Today, Louisiana Governor John Bel Edwards, after completing a failed fiscal session ending last week, embarked upon the regular session today, held annually during the Spring. The fiscal session was called as a special legislative session so revenues could be raised. These revenues or taxes cannot be raised during a regular session. Edwards wants the session to end early so it can engage in another fiscal session at the end of the regular-scheduled spring session to handle the close to one billion dollars in budget shortages.
Below is the transcript of today's speech to the Louisiana legislative session. The speech was streamed live by Bayoubuzz.com with related tweets off to the side.
When Ronald Reagan wanted to push a bill through a recalcitrant House ruled by Democratic Speaker Tip O’Neill (as bad as he was, O’Neill was still head and shoulders above current Speaker Paul Ryan in terms of leadership and ability), he would go on national television and appeal directly to the American voters.
Today is being called D-Day or even the Drop Dead Day when referring to the Louisiana legislative special session being held in Baton Rouge. Conventional wisdom is, if things don’t really jumpstart now, you can kiss the revenue raising session goodbye.
Roughly 11 days ago, Governor John Bel Edwards first gaveled in the fiscal session, to fix what was considered by many, a roughly 600 to 1 billion dollar hole in the budget for the year 2018, starting July 1. However, the session has literally gone nowhere.
On Monday, Louisiana Governor John Bel Edwards addressed the legislature and the state in opening another special session to try to plug a fiscal hole.
Today, Bayoubuzz launched its first segment of its daily, twice per day segment discussing the legislative session, "Bayoubuzz Live: Louisiana Legislature", streamed to Facebook and Twitter.
The Louisiana capitol is ready to start its Louisiana Legislature tax chicken dance. On one side of the floor are Governor, John Bel Edwards and democrats. On another side are fiscal conservatives. And, in the middle are a group of lawmakers who believe the state is reaching a moment of urgency.
The question is—who’s going to take the first step and blink as the music is quickly getting ready to start?
Winter is still here. The Louisiana days are getting a little longer. The threat of another special session to plug a massive hole in the budget is getting closer.
The mantra of fiscal cliff still fills the air as it has now winter after winter, year after year.
Louisiana Governor John Bel Edwards is going on a full-court radio press to push his side of the fiscal cliff.
Today, the Governor sent out the below summary of his administration hitting the airwaves:
The "Fiscal Cliff" is upon us and is making news throughout the state as once again, Louisiana is looking at a roughly one billion dollar hole, if not much more.
How will the state solve the fiscal problem remains to be seen. Below are two perspectives, one from the conservative organization, Pelican Post and the second from Louisiana Budget Project.