Recession Depression


According to a new Zogby poll one in three Americans say they have been seriously impacted by the recession, and 14% say their households have been “devastated.” Also, fewer than half of all adults (41%) expect their household financial situations to return to pre-recession conditions.  Predictably, adults with lower household incomes reported being harder hit by the recession, though 1 in 5 adults with family incomes above $250,000 reported a “four” or “five” on the scale of “no impact” to “devastating.”

Perhaps playing up their cynicism Republicans indicated the most hardship (40% say they are at or near devastation, compared with 28% of Dems), and only a third of Republicans think they’ll ever make it back to their pre-recession comfort level.

DOES IT FEEL LIKE POLITICS IS AT A BREAKING POINT?

Headshot of Editor in Chief of Mother Jones, Clara Jeffery

It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

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