Here we go again. Louisiana faces yet another budget deficit.
This time, the shortfall for the spending year that begins July 1 is approximately $1.6 billion — at least as nearly as the state’s revenue estimating gurus can calculate.
Who knows what the number will be by the time the Legislature convenes April 13 to officially start wrestling with the predicament. The bottom line is pretty simple: Once again the ends don’t meet in Gov. Bobby Jindal’s proposed budget.
Even if you didn’t take Economics 101 in college, just navigating through the past several years has given you hands-on experience with one of the course’s most valuable lessons: The rise and fall of interest rates is one of the biggest factors influencing global economies, financial markets, and our daily lives. That’s why it is important to have a basic understanding of how interest rate changes could affect not only your wallet but also your investment portfolio.
Some of you know that your writer often wears a hat. I do this because of support for some sports team, university or high school, but there is the additional motive of keeping covered the evolving balding location. So when I hear the phrase of “I take my hat off to” whomever or whatever might be the honored of the moment, I privately chuckle, saying to myself that folks probably would not want me to take my hat off because of the blinding light that might reflect off the dome.
Lost and found. That small phrase conjures up ideas of losing a wallet, purse, or in this time a cell phone; panic setting in; then going to an office to find the lost. But some things when lost cannot be found. Many of us have “lost” friends, family and associates to death. We intellectually know that it happens, but it is still painful to lose someone.
I sometimes wonder what those men and women of 2,000 years ago felt this commemorative morning of Easter when Jesus had been gone. He had foretold that he would rise, but we humans don’t listen very well. The humans in His close group probably didn’t listen or understand. All they knew was that their Lord had just died a horrific death.