The Associated Press’s Melinda Deslatte wrote a column about the scare tactics being used by Commissioner of Administration (“COA”) Paul Rainwater and other state agency heads as a result of the actions of the House Appropriations Committee.
The current national economic downturn is the worst the nation has experienced since the economic malaise of the early 1980s. Many of us in Louisiana remember well how that terrible recession and the plunge in energy prices devastated our state’s economy. Thousands of Louisiana businesses went bankrupt or left the state, and millions of our workers moved away to find employment elsewhere. It took a full decade for our economy to begin to find solid footing again. It was the most painful economic era since the Great Depression for our people.