Beyond GDP Growth

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The Economic Policy Institute has a short paper answering the question of why Americans might still be so dissatisfied with the state of the economy when GDP growth has been relatively strong for quite some time. Profits are up, but wages and incomes are down for the average worker; more and more people are sinking deeper into debt; the employment rate has fallen; poverty is rising; and health care costs are slowly getting out of control. Set in this context, of course, the figures for GDP growth really doesn’t matter much at all, although that seems to be the big number everyone always talks about.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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