Chart of the Day: Here’s Why Our Infrastructure Is Crumbling and Our Recovery Is So Weak

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Tim Fernholz says that this chart shocked him:

It’s pretty shocking, all right. We’re allowing our infrastructure to crumble because we’d rather keep taxes on millionaires low than spend the money it takes to keep our country in decent shape. But it’s even worse than that. This seems like a good time to update my chart showing total government spending after our four most recent recessions. Here it is:

It’s now 26 quarters since the official end of the Great Recession and total government spending is still below its 2009 level. This is entirely unlike previous recessions, in which we spent our way to recovery. After 26 quarters, Reagan was spending 19 percent more than in November 1982, when his recession ended. Clinton (and the Gingrich congress) were spending 6 percent more. Bush was spending a whopping 26 percent more.

But the Republican Congress has prevented the same thing from happening on Obama’s watch. We’re still spending 5 percent less than we were in June 2009, when the recession ended. Is it any wonder that our recovery has been so weak?

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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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