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.
As part of a national undertaking known by industry insiders as the “Butterfly Project,” a rebranded version of The Daily Advertiser is set to launch with Sunday’s edition of the Gannett-owned paper.
Louisiana moved up a slot to 48th in the ranking of healthy states — once again, thank God for Mississippi! — so all this frettin’ about Gov. Bobby Jindal’s refusal to expand Medicaid per Obamacare ... fuggidaboutit! We don’t need Medicaid no more!
The Denham Springs woman who placed Christmas lights in the shape of a butter finger on her roof in a display of anger directed at neighbors has doubled the trouble for the 2013 holiday season.
The New Orleans architect behind the 1984 World’s Fair also left his mark on Lafayette.
Laid back vibe just right for NOLA Bowl
The 30-second commercial, to run around the state, is the Democratic senator's first TV spot in her bid for re-election to a fourth term.
It's a number that has edged up but falls far short of the thousands who are eligible for subsidized coverage.
A group of mostly higher education leaders will make recommendations to state lawmakers about how to tweak the policies governing tuition rates charged at the state's public colleges.
Week long specials and a ribbon cutting celebration held in Parc Lafayette
Here's your daily look at late-breaking national and international news, upcoming events and the stories that will be talked about Wednesday, December 11, 2013
Fort Worth company's new facility at Lafayette Regional Airport will build helicopters primarily for the export market.
Could River Ranch restaurant be the next star?
Move over Hooters — there’s a new breastaurant coming to town.
Hashtag, retweet, like, share and do whatever else it takes to get in good today with the jolly man in red.
That would be Congressman John Fleming talking about Sen. David Vitter.
The alleged mastermind behind the bribery scheme that went on for four years under DA Mike Harson’s nose isn’t just schizophrenic, bipolar and recovering from mini strokes; he now says he has cancer.
Louisiana's higher education leaders are trying to work out a financing deal to keep the state's public colleges from running low on state cash to operate their campuses.
With their latest triumph, the Saints left little doubt about how tough they are to beat in the Superdome. Unfortunately, two of their remaining three games are on the road.
The festival is scheduled for March 21-22 in New Orleans.
NOLA Bowl ready prints