July 16, 2019

We’re Still Waiting for the Capital Spending Boom

I don’t have any good reason for posting this, but I’m bored and wanted to remind everyone of how corporate America is responding to the Republican tax cut that was supposed to supercharge capital spending. Here you go:

Still nothing. But a new report is scheduled for next week. Maybe that will finally be the one that shows the tax-cut driven boom in the American economy.

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THE BIG PICTURE

You expect the big picture, and it's our job at Mother Jones to give it to you. And right now, so many of the troubles we face are the making not of a virus, but of the quest for profit, political or economic (and not just from the man in the White House who could have offered leadership and comfort but instead gave us bleach).

In "News Is Just Like Waste Management," we unpack what the coronavirus crisis has meant for journalism, including Mother Jones’, and how we can rise to the challenge. If you're able to, this is a critical moment to support our nonprofit journalism with a donation: We've scoured our budget and made the cuts we can without impairing our mission, and we hope to raise $400,000 from our community of online readers to help keep our big reporting projects going because this extraordinary pandemic-plus-election year is no time to pull back.

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