By Gov. Bobby Jindal
In the past week we held the first two of what will be weekly economic briefing meetings on the state of Louisiana’s economy. These meetings, held in conjunction with agency secretaries from around the state, will help us ensure that we have the most up to date information on current economic trends that can affect our Louisiana businesses, workers, oil prices, housing market, and even our state revenue.
As written by the Baton Rouge Advocate, “For now, Louisiana appears to be better positioned than the rest of the c ountry,” in terms of the current economic crisis. It is a great sign that we have an $860 million surplus from last year, but we must be fiscally responsible in how we use this surplus, especially as the prices of oil and gas continue to fall. We will be diligent in our efforts to secure financial stability in our state, and that we continue to eliminate wasteful spending from the state’s budget.
As we continue to focus on our state’s recovery and rebuilding efforts, we must work to ensure that our economy is protected. We have had a great year in terms of job growth, with more than 11,500 new jobs announced in the past 10 months alone. This is a good sign for the future of our state, and we will continue our efforts to secure a solid economic future not only for our generation, but for our children’s and grandchildren’s as well.
Be the first to comment