Stimulate Me!

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STIMULATE ME!….We have a long, hard recession ahead of us, and monetary policy has already done about as much for us as it can. That means we need fiscal stimulus and plenty of it. But what kind? Mark Zandi from Moody’s Economy.com provides the answer and EPI makes it into a chart for your consideration. Basically, they suggest that the money is best spent (a) on low and middle income workers who will actually buy things with it, (b) infrastructure, because the recession is likely to be long and infrastructure projects take a while to get up and running, and (c) aid to states, who would otherwise have to cut back spending and thus blunt the effect of the stimulus package. Works for me.

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In "News Is Just Like Waste Management," we unpack what the coronavirus crisis has meant for journalism, including Mother Jones’, and how we can rise to the challenge. If you're able to, this is a critical moment to support our nonprofit journalism with a donation: We've scoured our budget and made the cuts we can without impairing our mission, and we hope to raise $400,000 from our community of online readers to help keep our big reporting projects going because this extraordinary pandemic-plus-election year is no time to pull back.

THE BIG PICTURE

You expect the big picture, and it's our job at Mother Jones to give it to you. And right now, so many of the troubles we face are the making not of a virus, but of the quest for profit, political or economic (and not just from the man in the White House who could have offered leadership and comfort but instead gave us bleach).

In "News Is Just Like Waste Management," we unpack what the coronavirus crisis has meant for journalism, including Mother Jones’, and how we can rise to the challenge. If you're able to, this is a critical moment to support our nonprofit journalism with a donation: We've scoured our budget and made the cuts we can without impairing our mission, and we hope to raise $400,000 from our community of online readers to help keep our big reporting projects going because this extraordinary pandemic-plus-election year is no time to pull back.

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