I will be on the Jarrod Thomas Show tomorrow morning, April 26, 2018 at 9AM central (1310 AM Grand Forks) talking economics.
Sales Tax Forecast for Grand Forks
Over the past few weeks the conversation about sales tax has been pretty consistent and fairly intense. That is probably as it should be given the overall importance of revenue generation across the state right now. What have I done so far? I think the best thing to date may be the discussion surrounding the rolling twelve month series used by the city. Rather than accuracy it is more about stability. Eleven of twelve months in the series are the same from one month to the next so of course the series is stable. The flaws of this approach can be seen when you look at the recent decline. A good month is totally outweighed by the totality of the previous eleven. It also begs a statistical question: should all these months be given equal weight while in the series and then just disappear? That seems highly suspect.
NBA Players Union Should Vote to End “One and done”
Sports unions are a bit of a quandary. In part I think it has to do with the widespread differences in talent and therefore earnings potential within the union membership.
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