Monika Bauerlein,
CEO
Dear Reader,
December is make-or-break for Mother Jones’ fundraising. We have a $350,000 goal that we simply cannot afford to miss. And in "No Cute Headlines or Manipulative BS," we explain, as matter-of-fact as we can, how being a nonprofit means everything to us. Bottom line: Donations big and small make up 74 percent of our budget this year and are urgently needed this month, and all online gifts will be matched and go twice as far until we hit our goal. Please pitch in if you can right now.
December is make-or-break for Mother Jones’ fundraising, and in "No Cute Headlines or Manipulative BS," we hope that giving it to you as matte-of-fact as we can will work to raise the $350,000 we need to raise this month. Donations make up 74 percent of our budget this year, and all online gifts will be matched and go twice as far until we hit our goal.
According to the Wall Street Journal, in the second quarter “American consumers spent at the strongest pace since late 2014.” Is that true?
Sure, if you look at Q2 compared to Q1. But why would you? A better measure is simple year-over-year growth, and that shows nothing special at all:
Consumer spending growth is holding steady, which is good news. But it certainly isn’t setting any records.
