Chart of the Day: Here’s Why Our Infrastructure Is Crumbling and Our Recovery Is So Weak


Tim Fernholz says that this chart shocked him:

It’s pretty shocking, all right. We’re allowing our infrastructure to crumble because we’d rather keep taxes on millionaires low than spend the money it takes to keep our country in decent shape. But it’s even worse than that. This seems like a good time to update my chart showing total government spending after our four most recent recessions. Here it is:

It’s now 26 quarters since the official end of the Great Recession and total government spending is still below its 2009 level. This is entirely unlike previous recessions, in which we spent our way to recovery. After 26 quarters, Reagan was spending 19 percent more than in November 1982, when his recession ended. Clinton (and the Gingrich congress) were spending 6 percent more. Bush was spending a whopping 26 percent more.

But the Republican Congress has prevented the same thing from happening on Obama’s watch. We’re still spending 5 percent less than we were in June 2009, when the recession ended. Is it any wonder that our recovery has been so weak?

One More Thing

And it's a big one. Mother Jones is launching a new Corruption Project to do deep, time-intensive reporting on the corruption that is both the cause and result of the crisis in our democracy.

The more we thought about how Mother Jones can have the most impact right now, the more we realized that so many stories come down to corruption: People with wealth and power putting their interests first—and often getting away with it.

Our goal is to understand how we got here and how we might get out. We're aiming to create a reporting position dedicated to uncovering corruption, build a team, and let them investigate for a year—publishing our stories in a concerted window: a special issue of our magazine, video and podcast series, and a dedicated online portal so they don't get lost in the daily deluge of headlines and breaking news.

We want to go all in, and we've got seed funding to get started—but we're looking to raise $500,000 in donations this spring so we can go even bigger. You can read about why we think this project is what the moment demands and what we hope to accomplish—and if you like how it sounds, please help us go big with a tax-deductible donation today.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight 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