Unemployment

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UNEMPLOYMENT….The unemployment rate jumped to 6.1% last month. The chart on the right is courtesy of Brad DeLong, who says simply, “It’s already as deep in the unemployment metric as the 1980 recession.”

Which, of course, makes it all the more remarkable that the Republican Party just held a 4-day nationally televised convention with dozens of speakers and managed to only barely even mention the economy. John McCain finally got around to it last night, briefly mentioning “tough times” and then devoting a few sentences to the subject, but that was about it. And his heart pretty obviously wasn’t in it even for those few sentences.

If McCain loses in November, that’s going to be one of the biggest reasons why. Sarah Palin aside, he simply doesn’t sound like he understands what’s really going on out in the outside world, and when he’s forced to talk about it he has nothing to say. Republican orthodoxy forbids any serious response — forbids, in fact, even the possibility of an effective response other than yet another round of tax cuts — so it’s best to mutter a few bromides and move on. And that’s what he does.

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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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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