How are the number of annual abortions in the United States distributed by race? And how does that compare to the distribution of the potential child-bearing (Age 15-44) population of the United States by race? Or for that matter, how does that compare to the racial distribution of the poor in the United States, as measured by enrollment of the non-elderly in Medicaid?
Our chart below provides the demographic snapshot of what we found in answering each question asked above, for the years spanning 2008 through 2010:
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:
Political Calculations' U.S. GDP Temperature Gauge provides a means to quickly evaluate the growth rate of the U.S. economy against the backdrop of how the economy has performed since 1980, with the "temperature" color spectrum ranging from a recessionary "cold" (purple) through an expansionary "hot" (red).
The GDP Temperature Gauge presents both the annualized GDP growth rate as reported by the U.S. Bureau of Economic Analysis reports for a one-quarter period and also as averaged over a two quarter period, which smooths out the volatility seen in the one-quarter data and provides a better indication of the relative strength of the U.S. economy over time.
Recession Probability Track
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!)
The Recession Probability Track ceased to be a leading indicator of recession in the U.S. following the Federal Reserve's adoption of its current Zero Interest Rate Policy, where the Fed artificially constrains short term U.S. Treasury yields near zero percent.
We continue to post the Recession Probability Track to monitor the yield on the 10 Year Constant Maturity Treasury, where a falling value provides a leading indication of a worsening economy.
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, which we ran as a regular weekly feature for the five years from 2006 through 2010.
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.)
The tools on this site are built using JavaScript. If you would like to learn more, one of the best
free resources on the web is available at W3Schools.com.
Other Cool Resources
ZunZun - Exceptional regression analysis tool. Wolfram Integrator - Solve integrals. Do calculus! Create a Graph - Easy-to-use basic graph-making tool. Many Eyes - Data visualization extraordinaire!
Wolfram Alpha - Computational knowledge engine. Khan Academy - Math & science video mini-lectures! Picasion - Animate images.
