Steve Rose: Louisiana Follows Kansas Into Budget Hole
If misery loves company, we’ve got company.
Kansas, meet Louisiana.
When he was governor of Louisiana, Bobby Jindal, who recently unsuccessfully sought the Republican nomination for president, must have read the same playbook that Kansas Gov. Sam Brownback read.
Jindal and his conservative Republican legislature slashed income taxes, mostly on the wealthy, passed big tax breaks for corporations and ran up deficits with a whole host of measures.
Jindal argued that the tax cuts would stimulate business enough to plug the deficits.
They didn’t.