Gov. Bobby Jindal said in an address to the Monroe Chamber of Commerce last week that Louisiana’s economy would continue to outpace the region and the nation thanks to strong fiscal discipline.
Jindal cited his executive budget for fiscal 2011, which he said maintains state spending on higher and public education without raising taxes.
“While revenue is down, we can either raises taxes on our people and business or we can find savings and do more with less,” he said. “In Louisiana, we’re not going to raise taxes and put the burden on the backs of our people and businesses, or borrow money that we can’t pay back.”
Jindal said since he was elected governor in 2007, the state’s economic development efforts have created more than 35,000 new direct and indirect jobs, and generated more than $4.6 billion in new capital investment.