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President Obama’s new booklet, “A Plan for Jobs,” is subtitled “The New Economic Patriotism,” and the editors of National Review are not amused. I’ll admit that I could do without that subtitle myself, but it turns out that NR objects to it mainly because of its initials: “If that name seems to you redolent of early-20th-century totalitarians, that may be because it is not the first N.E.P.: Lenin’s was the Novaya Ekonomicheskaya Politika.” You’d think that National Review, of all places, would know its communist history, but no. Matt Steinglass provides the free lesson:

Interesting reference! The Novaya Ekonomich-eskaya Politika was a free-market economic reform package introduced by the Soviet government in 1921. It entailed a retreat from an all-state economic model in favour of institutionalised recognition of a legitimate private sector in industry and agriculture, as well as a dramatic tax cut.

….The reforms were largely successful, leading the Russian economy back to pre-war production levels by 1927. But they also led to rising income inequality. After Stalin won the struggle for power in 1928 over alternative leaders like Trotsky, Zinoviev and Kamenev, he soon abandoned the NEP in favour of forced agricultural collectivisation and industrial centralisation under the first five-year plan. He then gradually mopped up every remaining base of political opposition within the party and had them all executed in show trials beginning in 1934.

I’ll grant you that an association with Lenin does no politician any good, regardless of which particular policy we’re talking about. Still, if you’re going to be childish enough to object to something because of its initials, you probably ought to at least know what you’re talking about first.

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

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Because the in-depth journalism on underreported beats and unique perspectives on the daily news you turn to Mother Jones for is only possible because readers fund us. Corporations and powerful people with deep pockets will never sustain the type of journalism we exist to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

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Getting just 10 percent of the people who care enough about our work to be reading this blurb to part with a few bucks would be utterly transformative for us, and that's very much what we need to keep charging hard in this financially uncertain, high-stakes year.

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