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by Greg Palast
Damn that Abe Lincoln. When Louisiana and Mississippi seceded from the Union, a sensible president would have sent them a box of chocolates with a note, "Goodbye and good riddance."
Tonight, following Barack Obama's budget presentation to Congress, effectively the president's first State of the Union Address, the Republicans chose to give their party's response, the governor of the state that wanted to leave the Union, Louisiana's Bobby Jindal.
Jindal told us that Barack Obama is a terrible President who passed a stimulus bill "larded with wasteful spending." Where's the lard? All week, Jindal has been screeching that Obama wants to require states like Louisiana to extend unemployment insurance to - get this - the unemployed! (Technically, the federal government would pay 100% of the cost of reforming Louisiana's and Mississippi's Scrooge-sized benefit requirements.)
Jindal, and some other Republican governors, notably Haley Barbour of Mississippi, are actually turning down millions in federal funds for their own state's unemployed out of fear that, four years from now, they may have to maintain full unemployment insurance like the rest of America.
Barbour's excuse, parroted by Jindal, is that the Obama payments to the unemployed of their states would mean, when the economy returns to expansion, that their state would have to increase unemployment insurance taxes and payments to the US average, scaring away new employers. "I mean, we want more jobs," says Barbour. Um, this is the Governor of MISSISSIPPI talking. Exactly what new "jobs" is he talking about? Is Microsoft is based in Gulfport? Is Genentech opening its new headquarters in Moss Point?
As an economist, I can tell you that the only industry Mississippi leads in is deep-fried chicken-dog manufacturing. I will admit that Louisiana and Mississippi can boast of growing employment at several (Show me more...)