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Bobby Jindal’s Troubles at Home
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Candidate
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| Contributor | RP |
| Last Edited | RP Feb 06, 2015 09:13am |
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| Category | Perspective |
| Author | TYLER BRIDGES |
| News Date | Thursday, February 5, 2015 03:00:00 PM UTC0:0 |
| Description | Gov. Bobby Jindal has a plan: Do for the country what he’s done for Louisiana. Cut taxes and cut the government workforce and the economy will bloom, he promises. It’s a message he’s peddling as he lays the groundwork for a presidential run. Indeed, as Jindal is quick to say, private-sector job growth and the economy in Louisiana have outpaced the national average during his tenure as governor. “I’m a fiscal conservative,” he told the influential Conservative Political Action Conference last year, in explaining these successes.
But here’s what Jindal doesn’t say: Louisiana’s budget is hemorrhaging red ink, and it’s getting worse. He inherited a $900 million surplus when he became governor seven years ago, and his administration’s own budget documents now show the state is facing deficits of more than $1 billion for as far as the eye can see. There are no easy solutions today because Jindal has increasingly balanced the budget by resorting to one-time fixes, depleting the state’s reserve funds and taking money meant for other purposes.
“There are all kinds of tricks in the budget,” said Greg Albrecht, the state legislature’s chief economist, a nonpartisan position. Meanwhile, the state’s unemployment rate has risen from 3.8 percent when Jindal took office, a point below the national average then, to 6.7 percent today—nearly a full point higher than today’s national average. Jindal omits these inconvenient facts when he bashes President Barack Obama and Washington for “bankrupting” the federal government and mismanaging the national economy. |
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