Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


From Brad DeLong:

The 1% have an interest in full employment, high capacity utilization, and general prosperity just as the rest of us do….The 1% have a strong material interest in the passage of the American Jobs Act. In acting to block it, the Republicans — and Senator Nelson — are betraying the interests of their contributors in the top 1% as much as they are betraying the interests of their constituents.

But here’s the thing: this has been true all along. Hell, it’s been true for the past decade. Sure, the rich want low taxes for themselves and they want income inequality to rise so they get most of the returns to economic growth. That’s in their own self-interest. But they also want — or should want — an end to the recession and a thriving economy, and they should be pressing both Congress and the Fed to do everything possible to make that happen. But they aren’t.

Is it just pure blinkered ideology? Ignorance and stupidity? Or do they really not care as long as the brightwork on their yachts stays polished? It is a mystery.

WE'LL BE BLUNT:

We need to start raising significantly more in donations from our online community of readers, especially from those who read Mother Jones regularly but have never decided to pitch in because you figured others always will. We also need long-time and new donors, everyone, to keep showing up for us.

In "It's Not a Crisis. This Is the New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, how brutal it is to sustain quality journalism right now, what makes Mother Jones different than most of the news out there, and why support from readers is the only thing that keeps us going. Despite the challenges, we're optimistic we can increase the share of online readers who decide to donate—starting with hitting an ambitious $300,000 goal in just three weeks to make sure we can finish our fiscal year break-even in the coming months.

Please learn more about how Mother Jones works and our 47-year history of doing nonprofit journalism that you don't find elsewhere—and help us do it with a donation if you can. We've already cut expenses and hitting our online goal is critical right now.

payment methods

WE'LL BE BLUNT

We need to start raising significantly more in donations from our online community of readers, especially from those who read Mother Jones regularly but have never decided to pitch in because you figured others always will. We also need long-time and new donors, everyone, to keep showing up for us.

In "It's Not a Crisis. This Is the New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, how brutal it is to sustain quality journalism right now, what makes Mother Jones different than most of the news out there, and why support from readers is the only thing that keeps us going. Despite the challenges, we're optimistic we can increase the share of online readers who decide to donate—starting with hitting an ambitious $300,000 goal in just three weeks to make sure we can finish our fiscal year break-even in the coming months.

Please learn more about how Mother Jones works and our 47-year history of doing nonprofit journalism that you don't find elsewhere—and help us do it with a donation if you can. We've already cut expenses and hitting our online goal is critical right now.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate