Political Math
Political News!
Political commentary and opinion abound on the internet. Political Math is different. Here you will find a focus on the numbers behind the stories. In other words, the math of politics. PAC donations, voter turnout, exit polls, the margin of error, Congress and the Senate: There is so much to know about!
Unemployment and the Economy
The definition of an unemployed person is one that is seeking employment but has not found an income producing opportunity. There are variations on the exact wording but the idea is generic - a person wants to work but cannot find a job. The reasons why a particular person is "out of work" are myriad: fired from the last job; laid off from the last job; fresh out of college and looking for the first job...read more about unemployment
What is a Recession?
In classic economic terms, a recession is two consecutive quarters (3-month periods) of a contraction of the Gross Domestic Product (GDP)
In a general sense, a recession is overall shrinkage of economic activity. People don't necessarily feel in a recession because of a technical statistic of GDP measurement, but more on daily insecurity about their job, reduced ability to make purchases, and decisions to "do less," such as skip a vacation. Households have less discretionary income...read more about recessions
