Wednesday, March 9, 2016

GOP Bobby Jindal destroyed Lousiana's economy: They need 3 Billion now.

http://www.politicususa.com/2016/03/09/billions-dollars-louisiana-destroyed-bobby-jindal.html

When Jindal was not slashing taxes for the rich and corporations, he was delivering ever-expanding “expensive giveaways to corporations that were so generous they looked less like subsidies and more like bribes.” For example, in the first 8 months of the current fiscal year the state has spent $200 million more on tax breaks for big business than it collected in business taxes. As one pundit put it, it is the “public policy equivalent of an actor handsomely paying his entourage to hang out with them.”
The GOP House and Senate will NOT CUT the massive tax cuts given to the richest and corporations which took the economy from surplus to DISASTER!

Faced with such inflexibility and crisis, Louisiana lawmakers now realize that facing a massive budget crisis, they are left with only dramatic options; options Democrats do not like but the legislature is controlled by the same Republicans that helped Jindal decimate the state.  The Republican legislature is “considering cuts to programs that are protected by the state Constitution even in emergencies,” as well as the current doomsday across-the-board cuts to most of the state’s agencies that are not constitutionally protected. Some Democrats in the legislature want to reverse Jindal’s income tax cuts and restore the pre-Jindal era rates, but Republicans want to hike the state’s sales tax so the poor and middle class bear the burden – all to preserve the tax cuts for the rich and corporations.
For residents of Louisiana who are not rich, it is a pity that they are victims of yet another Republican administration’s deliberate economic malfeasance and demise, but it is also a prime opportunity for Democrats, nationally and at the state level, to point out that Republicans’ trickle down madness is literally destructive. It is a very bad sign when a state’s politicians and economic analysts say that Jindal’s tax cut madness means that “Louisiana may soon fundamentally cease to function as a state,” and if it was just one state it would be bad enough. But it is every Republican state that appears to exist only to give or preserve tax cuts for the rich and corporations.
Every Republican presidential candidate has proposed even more massive tax cuts than Jindal enacted in Louisiana, and if any of them wins the White House; “America may soon fundamentally cease to function as a nation.” it is, after all, exactly what Grover Norquist, the Koch brothers, and Republicans have been working diligently to accomplish since their demigod Ronald Reagan was president.

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