http://www.thecenterformichigan.net/blog/michigans-chronic-budget-migraine/ Mon, 01 Dec 2008 22:09:07 +0000 http://wordpress.org/?v=2.5.1 http://www.thecenterformichigan.net/blog/michigans-chronic-budget-migraine/#comment-31677 Steve Fri, 30 May 2008 13:45:08 +0000 http://www.thecenterformichigan.net/blog/?p=860#comment-31677 Youre right about that. Everytime i read about a national economic data point such as weekly unemployment filings, or inflation rates, or GDP, or CPI, they always include a statement that its either lower or higher than what "economists predicted/expected". Maybe if we just paid forecasters on performance we'd save a ton of money for the budget. -j/k- Youre right about that.
Everytime i read about a national economic data point such as weekly unemployment filings, or inflation rates, or GDP, or CPI, they always include a statement that its either lower or higher than what "economists predicted/expected".
Maybe if we just paid forecasters on performance we'd save a ton of money for the budget.
-j/k-

]]> http://www.thecenterformichigan.net/blog/michigans-chronic-budget-migraine/#comment-31342 Bill Knudson Thu, 29 May 2008 20:24:27 +0000 http://www.thecenterformichigan.net/blog/?p=860#comment-31342 One of the fundamental problems of budget making process in this state is the fact that the econometric models that revenue forecasts are based on are lousy and have been hundreds of millions of dollars off for the past several years. One of the fundamental problems of budget making process in this state is the fact that the econometric models that revenue forecasts are based on are lousy and have been hundreds of millions of dollars off for the past several years.

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