This is an April Fools joke, right?

In this episode, Chad and Patrick discuss the current state of the economy, focusing on market uncertainty and the challenges faced by city managers in forecasting sales tax revenues. They explore the importance of data-driven decision-making and the use of leading indicators to understand consumer behavior. The conversation reflects on past economic crises and emphasizes the need for caution in navigating current economic challenges, advocating for a measured approach to decision-making during uncertain times.

00:00 - Market Uncertainty and Economic Indicators
07:28 - Forecasting Sales Tax in Uncertain Times
16:38 - Probabilistic Approaches to Budgeting
23:39 - Leveraging Data Science for Economic Predictions
25:02 - Analyzing Consumer Sentiment and Sales Tax Predictions
30:15 - Historical Context: Lessons from Past Economic Downturns
33:35 - Navigating Current Economic Uncertainty
38:18 - Making Informed Decisions in Times of Crisis
41:37 - Finding Balance: Optimism vs. Pessimism in City Management


Creators and Guests

Chad Janicek
Host
Chad Janicek
Former city manager, current local government nerd. I build fun stuff that helps cities make better decisions @zactax
Patrick Lawler
Host
Patrick Lawler
It's all for nothing if you don't have freedom.
2024 TeamZac