Political Calculations
October 22, 2007

Depressed Worker Do you hate your job? Does what you do not inspire you? Do the people you work with drive you nuts? Are you ready to walk out the door?

Or is something holding you back? Do you have to keep putting food on the table? Paying the mortgage? Are other jobs not available? Or maybe they are, but do they pay enough?

Our latest Geek Logik-inspired tool can help you work through whether it makes more sense to fish or cut bait when it comes to what you do for a living. Just answer the questions below, and the tool will do the rest....

Job and Personal Factors
Input Data Values
Hours per day the song Take This Job and Shove It plays in your head
Your Age
How good is your current job?
(1-10 with 10 being "ambassador to Italy")
How many kids do you have?
Your chances of quickly finding another job
(1-10 with 10 being "already signed a new contract")
Your level of financial commitment
(1-10 with 1 being "mortgaged into next millennium")
Monthly salary you could expect to receive at a new job
Monthly salary at current job


Should You Quit Your Job?
Calculated Results Values
Quitting Index Score
What You Should Do

The threshold at which the tool's results will tip in favor of quitting your job occurs at a Quitting Index Score just greater than 1. As always, we point this out so you can play with the various factors to see just what combinations it might take to finally drive you out the door from your work!

Garth Sundem has this to say about the math formula behind this tool in his book (and by the way - don't you think you should stop putting off buying a copy?)

This equation, like a few others in this book, follows the model of desire versus practicality. If you really hate your job and you have a good chance of finding another just as good, why not quit? However, if the practicalities of your life leave you with little financial flexibility and you can get by now without outspending your salary on therapy, you might consider sticking around.

But then, if you're actually thinking about leaving your current job, and came to this tool to help you make your decision, you probably are already well acquainted with all these considerations. If anything, the one thing holding you back is likely not having that next job lined up and not really being able to pursue your search while working in your current position.

To that end, we'll point you to this helpful article from online job search site CareerBuilder, which describes how you might go about hiding your search for a new job from your current boss.

And while we're at it, here's a brief listing of our previous posts on the world of jobs and careers:

Getting a Job

On the Job

Money, Money, Money

Education and Jobs

Really, Really Bad Jobs

Trends in Good Jobs

Out of a Job?

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Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:

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Recession Probability Track

Recession Probability Track - 12 July 2005 through 10 July 2009

Political Calculations' Recession Probability Track shows the probability that the U.S. economy will be in recession 12 months from the indicated date (shown in red) while revealing the probability trend over the past four years.

Previously, the probability of recession peaked at 50% on 4 April 2007, which means that March-April 2008 was the most likely period in which the NBER would have found the U.S. to be in recession.

As it happens, they almost did. The NBER instead chose December 2007 as the beginning month of the most recent recession (we had found a 46% probability for a recession beginning in that month!)

On the Moneyed Midways

Political Calculations is also the online home of On the Moneyed Midways (aka OMM), a review of the best posts contributed to the week's best business and money-related blog carnivals. More than that, we also name one post in each edition as being The Best Post of the Week, Anywhere! and at the end of each year, we name The Best Post of the Year, Anywhere! as well as identifying the best blogs we found during the course of the year!

The link below will take you to the running index containing our most recent back issues (you can easily navigate the index to find older editions.)

OMM's Running Index for 2008

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On the Moneyed Midways - October 19, 2007

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