Dr. Loren Scott predicts the Lafayette MSA will lose 3,000 jobs in 2011. He attributes the anticipated job loss to a proposed federal tax on the oil and gas extraction industry, along with a slowdown in the Gulf of Mexico that will result from new regulatory burdens put in place due to the oil spill. (If the moratorium on deepwater drilling extends beyond the Nov. 30 deadline, the expected 2011 losses will increase by 9,000 jobs, the economist says.)
Scott's job loss predictions are supported by another expert: Dr. Joseph R. Mason, LSU Endowed Chair of Banking and nationally renowned economist, estimates that the proposed energy tax changes would trigger grave economic consequences, among which are:
Initial losses of more than 154,000 jobs by the end of 2011, not only in the energy sector but across the entire economy;
More than $341 billion in lost U.S. economic output; and
Scott says the Lafayette metro will lose another 800 jobs in 2012.
Hear Scott's complete analysis at Tuesday's Entree to Business Luncheon, presented by ABiz and sponsored by MidSouth Bank and Dwight Andrus Insurance. Tickets are $50 per person or $450 for a reserved table of eight. For more information or to order tickets, contact Robin Hebert via email at
or 337-769-8603. Read more about the annual event here.
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DEC 20 The Robertson family is playing hardball in their dispute with A&E, the network that airs the wildly profitable "reality" show about their family, Duck Dynasty. Patriarch Phil Robertson was suspended by the network after GQ printed an interview with him that contained his (unedited) comments about gay and black folks. Here's a link to their statement, in which they say they can't imagine the show without papa and announcing that they are in negotiations with A&E about the future of the show.
DEC 20 Blogger Robert Mann (also a journalism prof at LSU and thus an authority on the First Amendment) says something in this post of which a lot of Fox News anchors and internet trolls should take heed: the Constitution says you have freedom of speech. It does not say you can't face consequences for what you say. He also takes a look at what our governor has to say -- and ole Bobby had to drag Miley Cyrus into it.
DEC 20 Blogger Tom Aswell says Governor Bobby Jindal has now had more to say about the comments a "reality" star made about gay and black people than he has had to say about the problems in his own voucher program or the sinkhole in Bayou Corne. In fact, Tom points out, Bobby's all over the Phil Robertson "issue" like "a duck on a June bug."
DEC 20 Here's an interesting post from blogger Katie East in DIG Magazine about celebrity passings. She understands why so many would be sad because of Mandela's passing -- he was an international figure, a political figure, an activist. But there is similar wailing following the passing of people who may not have had the same impact, she says -- like the guy who starred in the Fast and Furious movies. She wants to know: why is that?
DEC 20 Columnist James Gill writes about Louisiana's embattled voucher program in this post. Just because a child attends a private school does not mean he's going to get a good education, Gill writes. Gov. Jindal likes to say the program helps kids get a great education, but whether it does that is open to "considerable doubt," Gill writes.
DEC 20 Gambit's Clancy DuBos writes about the NOLA mayor's race in this post. For a while, it was assumed that it would be a quiet one, given the amount of money Mitch has in the bank. But at the last minute, a (possibly) formidable candidate threw his hat in the ring. The question is, Clancy says, why?
DEC 20 In Louisiana's education system, the state takes over a school that is designated as "failing." The assumption is, that's a good thing and will produce improvement. But is that the case? Blogger Mike Deshotels takes a look at how takeovers perform in one area of testing, the ACT.
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