Chart of the Day: The Economy Still Sucks

Here’s the latest from Greenberg Quinlan Rosner. It shows the number of people who have experienced various kinds of economic distress over the past year. In their latest poll, 44% have seen reduced wages, 41% have lost their job, 28% have lost their health insurance, and 22% have fallen behind on their mortgages. Every single one of these numbers is up since the beginning of the year.

And the political result? About what you’d expect: a year ago people trusted Democrats over Republicans by 14 points to manage the economy and by 9 points to manage the deficit. Today they trust Republicans by 13 points and 18 points respectively. I’m still willing to go out on a limb and say that Democrats will retain control of the House in November, but polls like this don’t do anything for my confidence.

DOES IT FEEL LIKE POLITICS IS AT A BREAKING POINT?

Headshot of Editor in Chief of Mother Jones, Clara Jeffery

It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

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