Chart of the Day: The Economy Grew 1.9% in Obama’s Final Quarter

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Economic growth continued to be OK but not great at the end of 2016, growing at an annualized rate of 1.9 percent in the final quarter:

For the record, GDP grew from $14.4 trillion to $18.9 trillion under President Obama’s watch. Adjusted for inflation and population growth, that’s an increase in real per-capita GDP of 10 percent, or 1.25 percent per year. For comparison, here’s a chart of all OECD countries over the past eight years:

This isn’t adjusted for inflation, but it still gives you an idea of how things have been going around the world since the end of the Great Recession and how we compare. In case you’re curious, the two countries above us are Norway and Switzerland.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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