Friday, January 13, 2012

Ceridian has to explain their regional results

The Ceridian index has come out, measuring economy by measuring transportation fuel usage. The pacific region, mainly California, still outperforms. I can't make this out, I am puzzled. California tax receipts keep coming in lower than expected. We keep growing faster than the average, almost no matter what DC does lately, well, except invading Iraq was a pain for California.

One theory is that the Iraq war and Bushy government spending binge drained California and threw us into a recession. After the crash, California began a recovery. But why does Jerry Brown always overestimate tax revenue.
  There is some complicated adaption going on, and I can't figure it out. Anybody?

1 comment:

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