My Interactive Educational Pamphlet on the Economy/Fed (99% Complete)

I wrote an online pamphlet a few months ago for a class that I thought some people here might find interesting. The goal was to help people visualize the actions the Fed took post great-recession, the effects they had on the stock and bond markets, and whether they helped Americans on the whole.

http://people.ischool.berkeley.edu/~adam.reilly/Final_209/final_209/

A few quick notes:
1. The toolbar up-top does not completely work, but the scroll bar on the side does (This is why it's not 100% complete)

2. All charts have some method of interaction.

I'm always very happy to hear any constructive criticism.

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k9disc's picture

That said, I had trouble making anything out of it,"That's nice information..."

Maybe you need some probing questions that are generally on the mind of Americans. A list of 10-20 econ questions that are hard to understand that your big picture explains simply and elegantly.

Make the end user USE the tool you have here to answer the questions that bother us all.

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“Tactics without strategy is the noise before defeat.” ~ Sun Tzu

Wink's picture

@k9disc
"one of us" at NetrootsRadio.com, if you're looking for something more 9th grade-ish (which is always my choice), Arliss writes her "Bunny's Guide to Economics" (or some such) for 9th graders.
That's NOT to detract anything from the author of this post or his article (I haven't looked at it yet, expect it's just dandy), just that some of us need a little something easier to digest. Arliss' very short book can be found on Amazon for a few bucks (digital). Well worth the $3 in my view!

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the little things you can do are more valuable than the giant things you can't! - @thanatokephaloides. On Twitter @wink1radio. (-2.1) All about building progressive media.

ggersh's picture

of the Fed actions though IMO. Again great work it does lay it out properly!!

$3.5 Trillion Dollars. That's enough to give every adult in the the U.S. almost $15,000, or enough to to pay off every student loan, car loan and credit card in America. That’s how much money the Federal Reserve effectively attempted to push into the economybanks in hopes of giving it a jump-start in the aftermath of the Great Recession.

Some have mentioned that the Fed actually gave anywhere from $14-$27tril
to the banks and QE.

when stating "society or economy" that the Fed helped it was banks
that they were saving mainly due to derivatives"Hedges" that were
fictitious in nature, i.e. me taking insurance out on everyones house
on C99 burning down.

How well did Quantitative Easing help the Federal Reserve meet its mandates? The Fed's stated goals are 5% unemployment and 2% inflation, which they are close to. Of course, their inflation metric ignores housing costs in a time when affordable housing crises are prevalent in many major cities and their unemployment metric counts someone working 1 hour a week as fully employed; taking in underemployment, the unemployment rate jumps up to 8.6%. Additionally, studies have shown that since 2007, about an additional 1% of the adult population who want a job stopped looking for work (See Summary for more information on Labor Participation Rates).

Again the Fed stated goal, but the Fed uses this as a PR metric, chained CPI
and for the life of me a word for changing how clinton the man changed how
CPI was measured as to screw everyone on SS.

http://www.shadowstats.com/article/consumer_price_index

Shortly after Clinton took control of the White House, however, attitudes changed. The BLS initially did not institute a new CPI measurement using a variable-basket of goods that allowed substitution of hamburger for steak, but rather tried to approximate the effect by changing the weighting of goods in the CPI fixed basket. Over a period of several years, straight arithmetic weighting of the CPI components was shifted to a geometric weighting. The Boskin/Greenspan benefit of a geometric weighting was that it automatically gave a lower weighting to CPI components that were rising in price, and a higher weighting to those items dropping in price

We keep getting it up the arse.

EDIT: added another paragraph on HEDONICS, read and enjoy the BS
of what clinton the definition of is did to us, it ain't pretty

Hedonic Thrills of Using Federally Mandated Gasoline Additives

Aside from the changed weighting, the average person also tends to sense higher inflation than is reported by the BLS, because of hedonics, as in hedonism. Hedonics adjusts the prices of goods for the increased pleasure the consumer derives from them. That new washing machine you bought did not cost you 20% more than it would have cost you last year, because you got an offsetting 20% increase in the pleasure you derive from pushing its new electronic control buttons instead of turning that old noisy dial, according to the BLS.

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I never knew that the term "Never Again" only pertained to
those born Jewish

"Antisemite used to be someone who didn't like Jews
now it's someone who Jews don't like"

Heard from Margaret Kimberley

Dhyerwolf's picture

@ggersh I really appreciate the indepth feedback.

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GreatLakeSailor's picture

...renders sections inaccessible. Down arrow, a paragraph slips under the menu across the top. Up arrow, the same paragraph disappears below the bottom. Control-minus (shrink page) make no difference - it shrunk stuff but paragraphs were still inaccessible.

laptop, win7, firefox 56.0.2 64bit

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Compensated Spokes Model for Big Poor.