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Billionaire and philanthropist Tom Steyer—who is currently polling at 2 percent nationally—just delivered what may turn out to be the best line of Friday night’s Democratic presidential debate.

As the other candidates squabbled over health care, Steyer refocused the conversation by quoting the infamous phrase from Bill Clinton’s 1992 presidential campaign: “It’s the economy, stupid,” getting to the heart of the challenge of defeating an incumbent. 

“We’re gonna have to take Mr. Trump down on the economy, because if you listen to him, he’s crowing about it every single day,” Steyer said, “and he’s gonna beat us unless we can take him down on the economy, stupid.”

The problem, Steyer seemed to suggest, was not Democrats’ policies so much as their overall messaging.

“I have heard this debate so many darn times, and I love all these people, and they’re all right,” he said. “If we win, we can get the right thing, Bernie. I am with you. If we win, we can get the right thing, Pete and Amy. But we gotta win, or we are in deep trouble, and we keep not talking about the facts.”

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We don't answer to billionaires. We answer to you.

You've watched it happen in real time: corporate media cutting staff, killing stories, and bending to power. The giants of American media have owners to protect, and the truth pays the price.

None of it should surprise us. The problem with American journalism has always been that we entrusted this vital public service to for-profit companies whose allegiance could shift with the political winds and the bottom line.

That is why Mother Jones is independent from billionaires, corporations, and any other deep-pockets owner—and has been since we were founded 50 years ago. We’re only answering to our readers. To you.

We’re funded by our readers too. This week, we have a generous $50,000 match for all donations, meaning that your donation—and your impact—will be doubled. Gifts from readers like you help keep us fiercely independent and telling the truth about those in power.

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