Obama On the Air With “Fundamentals”

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Yesterday morning, amidst financial disaster or near-disaster, John McCain said, “the fundamentals of our economy are strong.” Today, the Obama campaign is making him pay.

In response to anyone who thinks they can use statistics and technical definitions to argue the fundamentals of the economy are strong, I would echo a point Paul Krugman made last night on MSNBC (video): Given the state of our banks, our homes, our jobs, and our wages, if we aren’t in a recession yet we need to seriously rethink our definition of recession.

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THE TRUTH...

is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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