Daniel Erspamer of the Pelican Institute discusses the progress and challenges in Louisiana’s economic development and education sectors. He acknowledges the state’s potential and credits recent legislative actions for significant advancements. Erspamer highlights the hard work of individuals like Susan Bourgeois and the collective efforts in Monroe, emphasizing that these combined efforts make Louisiana an attractive place for development.
He addresses the sustainability of these efforts, noting the importance of eliminating the personal income tax and franchise tax to create a stable economic environment. Erspamer stresses the need for continued policy improvements, particularly in tax policy, to maintain momentum and attract more taxpayers.
In education, Erspamer praises Dr. Kade Bromley’s efforts, noting improvements in literacy and numeracy. He emphasizes the importance of school choice and the need to inform families about available options. Erspamer advocates for continued legislative support to fund education programs and ensure they benefit families.
On the insurance front, Erspamer mentions progress through a regulatory sandbox program and other reforms aimed at reducing insurance rates. He acknowledges the need for further legal reforms to address issues driving high insurance costs.
Erspamer gives the governor and legislature an A-minus for their efforts, recognizing their hard work and the significant achievements made. He encourages continued focus on implementing the LA Gator Education Scholarship program, regulatory reforms, and spending restraint to further improve Louisiana’s economic and educational landscape.