by Stephen Waguespack, President and CEO of Louisiana Association of Business and Industry
As a dad, one of my duties at home is to be a “fix-it” guy. While I may not be the handiest person out there, I can usually put some “MacGyver-esque” skills to the test and find a solution to a wide range of challenges around the house. I’ve replaced a doorbell, repaired a few windows, laid down some tile, fixed a garage door opener, hung a few ceiling fans and kept an old AC unit running for a few years longer than it ever should have lasted. I can open a wine bottle with a shoe (seriously) and once repaired some reading glasses with a chopstick. You shouldn’t hire me to build your dream home, but I can usually cobble together a workable solution or two for a project around the house when needed.
One million dollars down the drain to pay for a special session of the Louisiana legislature. And all for naught. The Governor is hollering that the financial sky is falling and the state is in dire fiscal straights. Legislators protest that their hands are tied by too many constitutional dedications. And since there is little appetite for trimming the budget, the legislature now begins its regular gathering at the state capitol with a shortfall of over one billion dollars.