Forecasting
512, 2022
A Cloudy Crystal Ball: Pandemic Forecasting Challenges Highlight Need for Budget Relief Valves
STATE BUDGET OFFICIALS HAVE RUN a gauntlet of challenges since COVID-19 descended upon the US in January 2020. The nation’s economy whipsawed through the pandemic—from growth to contraction to recovery to overheating—as the federal government’s crisis response encourage shutdowns and unleashed trillions of dollars of stimulus money.