More Zero’s, Same Principles
Let’s say you were trying to re-start a stalled negotiation over a house where the Seller’s last asking price was $357,000, and the Buyer’s last offer was $340,000.
Where would you expect the middle ground to be?
Give or take, somewhere in the high $340’s.
Add five zeroes, and that’s roughly the situation that Minnesota Governor Mark Dayton and the Republican-controlled state legislature find themselves in.
I stay out of politics (save for the stray blog post), but you’d certainly guess that Minnesota’s budget for the next biennium, whenever the politicians come around to an agreement, is going to have a top line number somewhere around $34.875 billion.