GDP Increases at Not-Bad 3.5 Percent Rate in 3rd Quarter

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Today’s economic news is fairly good. GDP in the third quarter grew at a 3.5 percent annual rate, which means that the slowdown at the beginning of the year really does look like it was just a blip. Aside from that one quarter, economic growth has been pretty robust for over a year now.

At the same time, inflation continues to be very low, which you can take as either good news (if you’re an inflation hawk) or bad news (if you think the economy could use a couple of years of higher inflation).

We could still use some higher growth after five years of weakness, but at least we’re providing a bit of a counterbalance to Europe, which appears to be going off a cliff at the moment. Count your blessings.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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