Economic Recovery? Not So Fast!
September 10, 2009
The Federal Reserve’s latest Beige Book, released yesterday, painted a cautiously optimistic portrait of the state of the nation’s economy. The New York Times, reporting on the Beige Book, heralded a “slow and still fragile recovery” that is “taking hold across the country.” But even if the data bear out this anecdotal assessment, don’t think that a robust recovery is going to appear in your metro area anytime soon. Here’s why: In many parts of the country there are few signs of recovery. Of the 12 Federal Reserve districts, only Dallas (covering Texas and parts of Louisiana and New Mexico) re
Charles in Charge
September 09, 2009
Tonight the GOP response to Obama’s prime-time health care speech will be delivered by Louisiana Congressman Charles Boustany, Jr., a little-known former heart surgeon who has been serving the state’s 7th district since 2005. Boustany is an interesting choice for the GOP considering the hype surrounding the speech and that the last rebuttal to the president came from high-profile 2012 contender Bobby Jindal. So who is he? Boustany, 53, was born in Lafayette, Louisiana to Lebanese immigrant grandparents and a Democrat father who served as Lafayette Parish coroner for 16 years.
Katrina: Four Years Later
August 29, 2009
Today marks the four-year anniversary of Hurricane Katrina’s landfall into Louisiana. It was one of the largest national disasters in the history of the United States, with an immediate death toll of nearly 2,000 and an estimate of more then $100 billion in damage. TNR writers attempted to chronicle the saga in all its complexity. At the time, Adam Kushner wrote longingly about the diaster devastating his home city. However, as Dante Ramos explained, there were already a wide range of problems facing New Orleans.
A Sweetheart Deal For Pharma--and Who Else?
August 06, 2009
Thanks to the New York Times, we now know the details of an agreement between the White House and the drug industry. And it's looking more like the sweetheart deal that cynics always said. Actually, it's thanks to Billy Tauzin--head of the drug industry lobby PhRMA--who spilled the bean during an on-the-record interview. Some quick background: Earlier in the summer, the White House made a big splash by announcing the drug industry had agreed to sign off on legislative changes that would cut its revenue stream by $80 billion.
"Now Don't You Let The Government Get A Hold Of My Medicare."
August 04, 2009
Arthur Laffer, Reagan economic advisor, co-author of Proposition 13, and creator of the Laffer Curve: An elderly Louisiana woman, 1994 (cf. The System by Haynes Johnson and David Broder, page 558) [Senator John Breaux] was walking through the New Orleans airport, returning home, when an elderly female constituent approached him. "Senator, Senator," she said, plucking emotionally at his sleeve.
Jindal, Revisited (a.k.a., Department Of I Told You So)
August 04, 2009
Not that long ago, there was a widespread sense that Louisiana Governor Bobby Jindal was a GOP superstar in the making--and quite possibly the Republican with the best chance of beating Barack Obama in 2012--because he was, to some degree, a "Republican Obama": wonky, politically astute, "post-racial," etc. Such talk has cooled dramatically, thanks in large part to his disastrous response to Obama's non-State of the Union address back in February.
Mulling Bobby Jindal's Future
February 23, 2009
First Read makes a good point about the timing of a 2012 presidential run by the Louisiana governor: “I want to run for re-election to be governor of Louisiana in 2011,” [Jindal] said [on "Meet the Press"]. “I told the people of our state we have a once in a lifetime chance to change our state.” More: “If the people of Louisiana will have me, I absolutely want to be governor for the next seven years. Now, that's up to the voters of Louisiana.“ And: “It's my intent to, to run for re-election.” If Jindal does run for re-election, however, here’s something important to consider: The GOP nominatin
Is Bobby Jindal Really "the Republican Obama"? (cont'd)
October 29, 2008
My colleague Chris remains skeptical that Jindal—as yet another “dark-skinned man with [a] foreign-sounding name”—would be able to overcome the backlash from the GOP’s white working-class base, at least in time for the 2012 presidential election. Chris asks some good questions—prompting responses from Ross Douthat, Daniel Larison, and others—but I’d also point out that Bobby has already proven his ability to overcome some of these exact suspicions. I’ll admit that Louisiana, as an oddball Southern state, is hardly indicative of how the Republican base would react to a Jindal candidacy.
Is Bobby Jindal Really "the Republican Obama"?
October 28, 2008
With the Republicans’ presidential hopes for 2008 now all but dashed, a few upstarts in the party are—surprise—positioning themselves for future runs. Last week, Chris Cillizza flagged the appearance of Louisiana Governor Bobby Jindal in a television spot for John Kennedy, the Republican challenger to Senator Mary Landrieu. Amid a backdrop of stately white columns, the young Indian-American governor projects a cool image of steadiness and calm. Sound like anyone you know?
If John Murtha Loses, Do We Care?
October 27, 2008
It takes terrible luck or astonishing talent for a congressional Democrat to be endangered this year. Still, there are a half-dozen Democrats who really could lose their seats a week from tomorrow. On the bad-luck end, there's Nick Lampson, the Texan who replaced Tom DeLay in 2006 and who'll probably get bumped out again thanks to the district's deep-rooted conservatism. There's Louisiana's Don Cazayoux, a conservative Democrat who won a special election only to see another Democrat enter the November race as an independent spoiler.