- Roll back restrictions on formerly incarcerated individuals. Louisiana’s 4.7 percent unemployment rate is tied as the fourth highest in the country. — the national rate is 3.8.Louisiana’s five-year annual growth is .4 percent — the second smallest in the country.
Why?
- Occupational Licensing Louisiana requires 77 out of 102 lower-income occupations to obtain licensing. Louisiana ranked last for opportunity. The Institute for Justice, a public-interest law firm, ranks the Pelican State 43rd in most burdensome licensing laws. Louisiana went from being one of the top ten states for business in the U.S. to the worst.
- For example, the entry barriers to open an interior design business are $1,240 in fees, six years of education, and one exam.
- The Institute for Justice, a libertarian public interest law firm, ranks Louisiana 43rd in most burdensome licensing laws. Occupations require, on average, $360 in fees, 202 days of education and experience, and two exams.
- For example, it’s the only state to license florists. The entry barriers to open an interior design business are $1,240 in fees, six years of education, and one exam.
- That’s stringent protection against bad fashion.
Government enforced electric monopoly
- Only one option forces consumers to pay higher prices
Reform bail system
- Louisiana ranked as the 48th worst state for crime and corrections. The state recently enacted 10 criminal justice reforms in the past year.
- The released convicts will be free to gain employment and pay taxes. Each inmate costs the state $17,000, with total prison expenditures topping $622 million in 2015.
- Criminal Justice Reform Minor legal violations throw people in jail and keep them there because they can’t afford to post bond. The state enforces three strike laws that require a 25-to-life sentence without parole. Several-decade-long sentences or even life are common in Louisiana— criminals who would serve less time in another state.
Louisiana can invest in long-term growth through these strategies.