New jobs any day now…

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Kash at Angry Bear dives into the poor job numbers released today and finds: more bad news. Key quote: “The most disappointing part about the US economy’s poor job creation right now is that we may well be pretty much at the peak of economic growth for this business cycle.” So what do we do once the economy starts to slow over the next two years? Clearly it’s time for more tax cuts.

…one other note. The newspapers, while rightly dour, are noting that the employment number bounced up to 5.2 percent, down from 5.7 percent a year ago. That’s true, but the employment-to-population ratio, which also counts up all those people too discouraged from even looking for work, is only at 62.4 percent. That’s only slightly up from a year ago (62.2 percent) and far lower than the 64.7 percent in 2000. Oh, and wages keep declining.

Update: On the other hand, not everyone’s faring so poorly…

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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.

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Truth #5: It's about minority rule.

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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.

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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.

payment methods

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