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GDP grew last quarter at a rate of 1.3%. That’s pretty sluggish. What’s worse, as Matt Yglesias points out, GDP for the previous three years was revised substantially downward at the same time. So to summarize:

  • The Great Recession was worse than we thought.
  • The recovery was slower than we thought.
  • And the economy continues to sputter badly.

To address this, our current plan is to shut down the government and produce economic chaos for no reason whatsoever. Thanks, tea party!

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We have about a $170,000 funding gap and less than a week to go in our hugely important First $500,000 fundraising campaign that ends Saturday. We urgently need your help, and a lot of help, so we can pay for the one-of-a-kind journalism you get from us.

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