Louisiana struggles to get stuff right

Saturday, June 12, 2004

Economic development in Louisiana is still having trouble getting stuff straight. First, the state invested $1.2 million in a television football network that never really got off the ground. (It has managed to produce a program on LSU football, though.)

Next, the state invested $600,000 in another start-up, Trans Caribbean Airways. State officials thought the airline would start offering flights between New Orleans and the Caribbean destinations. The airline is broke, and state officials can't get in contact with the airline.

Next, it turns out that the State has $71 million in unused worker training funds.

Let's hope Governor Blanco's administration can start to strighten out this mess. Read more.

posted by Ed Morrison |

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