Related Posts
Cat story 😻
Get that PTO in!
I feel the same way sometimes
Additional Posts in Politics
I mean, he has a point. Why should we worry about Russia’s special operation to liberate Ukraine - a proud country that has never accused me of being racist btw - when millions of MS-13 and Antifa are slipping through the southern border every day?
Time for the RINOs to stop their wokery and become AWAKE!
https://www.foxnews.com/media/tucker-carlson-clashes-maria-salazar-ukraine-southern-border.amp
Corrupt kids: Trump 3 - 0 Biden
New to Fishbowl?
unlock all discussions on Fishbowl.
Chief
Like a newly added to the economy/market job or a personal finance model?
This would a large scale econometric study. Not an excel template.
Given how little the government understands how incentives work at an individual level or how expanding debt might impact growth, I don’t think you’re going to find anything statistically valuable from this time investment. It’s a good hobby, but even the fed and imf don’t have it down. From what I’ve seen, local govts seem to guess at it or match competitors more than anything.
Sounds like you are trying to run some kind of cost benefit analysis on an economic policy, based on jobs created. That said, “jobs created” is a terrible measure of actual economic benefits from an economic policy - it just happens to be one that’s easy to communicate to voters, so politicians care about it immensely. But to illustrate why its a bad measure, let’s say you have 3 policies, each of which is expected to create 1000 new jobs:
1) creates 1000 low-paying jobs with no career path
2) incents a company to relocate 500 high paying jobs for a new HQ, and creates 500 new openings at lower junior levels but mostly with a good career path
3) helps a local firm expand and hire a bunch of mid-career skilled local workers who had been laid off when another firm went bust
The benefits of these 3 are likely quite different depending on whose benefits and costs you are considering, what horizon you’re evaluating, how much you consider knock on effects etc.
There’s a ton of room for disagreement and challenge on most policy-related cost benefit analyses, with politicians often staking out extreme positions. You might want to be careful just wading into the breach with a simple excel model you dug up.
Rising Star
I’m trying to evaluate to potential impact of a program my city is considering whereby the city would offer a financial incentive for individuals making >$80k and are able to work remotely who relocate here & establish residency for a minimum of X years.
I have the averages for consumer spending in the region, which offers a broad view of potential spending, but it doesn’t provide much from a policy assessment perspective.