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Those Republican tax cuts at the state level..
#4
Somebody has been trying to convince us that Jindal really is a standup guy and his fiscal record very good, all that on the basis of analysis from downsizinggovernment.org, a website from the Cato Institute.

Somehow we're underwhelmed, some stuff from that article

Quote:Per capita state spending has fallen from $2,089 in 2009 to $1,883 in 2015, a decrease of 10 percent. This spending restraint is quite remarkable. For comparison, per capita state spending grew nationally by 8.5 percent during the same time period. 

One way that Jindal reduced spending was cutting the state’s workforce. State government employment has decreased 26 percent since he’s been governor, according to data from the Bureau of Labor Statistics. Additionally, he passed broad pension reforms. All state employees hired after July 2013 receive a cash-balance retirement plan, similar to a 401(k) plan, instead of a traditional defined-benefit pension. 

Jindal has also cut state higher education spending. State higher education spending fell from $1.1 billion a year in 2009 to $535 million in 2015. His 2016 budget includes further cuts to the state higher education system, but the cuts were avoided in a last-minute budget deal under a complicated financing structure. Jindal’s strong fiscal record is partly undercut by Louisiana’s generous economic development programs, i.e., corporate welfare.
Bobby Jindal’s Fiscal Record | Downsizing the Federal Government

Let us recapitulate:
  • In a time of severe crisis and a deleveraging private sector (that is, paying off debt and cutting spending), Jindal cut public spending and especially severe cuts to its workforce.
  • He als halved the spending on higher education and would have made further cuts if not thwarted.
  • He doled out money on corporations (film tax credits, a baseball team)
And this is supposed to be a success for market fundamentalists..
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RE: Those Republican tax cuts at the state level.. - by stpioc - 03-14-2016, 07:44 PM

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