Wednesday, October 13, 2010
Written by The Independent Staff
First, the good news: Lafayette continues to register a persistent pulse on the national economic EKG, most recently when it was ranked among 30 U.S. cities as the best places to restart careers. Citing the Hub City’s small business growth rate, number of small businesses, personal income, unemployment rate, cost of living, charitable giving and student-friendly environment, author Kerry Hannon, writing for news/culture website The Daily Beast, rated Lafayette 20th, joining metropolises like Dallas, Denver, Houston, New York City and Seattle. In fact, the list is dominated by big cities; few mid-sized hamlets like Lafayette made the list. Hannon cites universities and thriving medical centers, which Lafayette has in spades, as common traits among the cities.
And then there’s this: LSU economist Loren Scott predicts the Lafayette metro area will shed 3,000 jobs next year due to stress in the oil and gas sector, specifically a proposed federal extraction tax and a Gulf drilling slowdown due to new regulatory burdens. Scott further predicts that if the moratorium on deepwater drilling extends beyond the Nov. 30 deadline, the expected 2011 losses will increase by 9,000 jobs. But wait, it gets worse: Scott’s job loss predictions are supported by Dr. Joseph R. Mason, LSU endowed chair of banking and nationally renowned economist, who estimates that the proposed energy tax changes would trigger grave economic consequences including 154,000 job losses across the entire U.S. economy and $341 billion in lost economic output. Since the sky hasn’t evidently fallen yet due to the moratorium — as the industry famously and loudly predicted — we’ll whistle past this graveyard.
Isn’t it time Gov. Bobby Jindal just fess up: Sen. David Vitter is toxic, and toxins shouldn’t be touched. Jindal has so far conspicuously declined to endorse his fellow Republican’s reelection bid, insisting to an enquiring media that he had no plans of getting involved in federal races. “Voters can make up their own minds,” he told The Advocate in early September. Yet earlier this month Jindal gave a glowing endorsement via the Internet to U.S. Rep. Jerry Moran, a Kansas Republican seeking outgoing GOP Sen. Sam Brownback’s seat. Jindal’s approbation read in part: “I am pleased to endorse Jerry Moran for U.S. Senate in Kansas. Jerry Moran will work hard to reduce government waste and be an advocate for taxpayers.” Isn’t that Vitter’s shtick, too? Moran holds a comfortable lead over his Democratic challenger, just like Vitter. So what gives? Doesn’t matter really. Unless Vitter is exposed as a gay Muslim socialist between now and Nov. 2, he has this one in the bag.
Acadiana's nightlife guide.
Louisiana is drowning, quickly.
Law enforcement agencies are participating in a "Louisiana Heroin Summit," designed to address the recent rise in heroin use and drug-related deaths around the state.
State education officials are preparing to release performance scores for public schools and public school districts.
Saints coach Sean Payton is starting a new week by emphasizing, repeatedly, the many good things he noticed during New Orleans' latest loss.
Tuesday's Blogs from the Bog!
Oscar de la Renta dies; Pistorius sentenced; World Series begins and more national and international news for Tuesday, October 21, 2014.
We will be offering our recommendations on the constitutional amendments tomorrow.
Three bedroom in Lawtell or two bedroom in Rayne
Fall's new darling
The justices did not comment in leaving in place lower court rulings that dismissed the lawsuits against BP and other companies involved in the worst U.S. offshore oil spill.
White registration is down by 7,700 voters while black registration has shot up by 7,100 voters.
Even though it had been rumored for months, U.S. Sen. Mary Landrieu finally pulled the trigger recently on a major campaign shakeup that moved control over to a few Big Easy insiders.
Acadiana's nightlife guide.
Louisiana's health department says it will seek law changes to stop billing sexual assault victims for exams and tests.
An investment group led by Macquarie Infrastructure and Real Assets will buy the Louisiana power company Cleco for $3.4 billion.
It wasn’t the historic slashes to higher ed funding or the ensuing tuition spikes that recently had LSU’s student body and faculty riled up in collective outrage.
"I feel it is appropriate to speak up when there are topics that are being bandied about with little or no factual data to back them."
Will $400 be enough for the re-election campaign of LPSB's Hunter Beasley to overcome two years of holding our school system hostage and hurting the education of our children all because of a personal dislike of the superintendent?
Saints tight end Jimmy Graham said Friday he expects his playing status in Detroit to be decided by coach Sean Payton on Sunday, shortly before the game.
Two bedroom cottage in Lafayette or three bedroom traditional in Erath
Gulf Brew ready threads
Lawmakers have sidestepped a decision on whether they accept claims from Gov. Bobby Jindal's administration that the state closed last year's books with a nearly $179 million surplus.
Coming off the high of a fourth quarter comeback against Tampa Bay and a helpful bye week, linebacker Junior Galette sees a real turnaround coming for New Orleans' struggling defense.
Former President Bill Clinton, the Democratic Party's most popular surrogate this fall, is heading to Louisiana early next week for a campaign rally with U.S. Sen. Mary Landrieu.
Time and again you hear people say DA Mike Harson is unbeatable because he's doled out political favors over the past 20 years. But a new lawsuit could end that speculation.
We welcome nominations from readers and leaders throughout the business community in Lafayette and the five surrounding parishes.
Acadiana's nightlife guide.
Ebola is kind of terrifying if you watch too much Fox News and CNN. Especially Fox, which makes everything look terrifying because, well, War on Christmas and Obama and all.
Local developer’s Lake Charles Gardens LLC purchases buildings and leases; land still owned by Dugas family.