Fed Projects Growth of 2.1% This Year

Here is the Federal Reserve’s latest projection for economic growth over the rest of Donald Trump’s presidency:

Trump is the only human being on the planet who believes that growth will be over 3 percent this year. It’s true that his staffers are playing along, but only because there’s no other way to remain employed in Trump’s White House. I don’t think even they’re quite dumb enough to actually believe what they’re saying.

Trump, though, is a different story. I have no doubt that he believes. It’s what the voices in his head tell him, after all.

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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.

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