Chart of the Day: The Economy Still Sucks

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Here’s the latest from Greenberg Quinlan Rosner. It shows the number of people who have experienced various kinds of economic distress over the past year. In their latest poll, 44% have seen reduced wages, 41% have lost their job, 28% have lost their health insurance, and 22% have fallen behind on their mortgages. Every single one of these numbers is up since the beginning of the year.

And the political result? About what you’d expect: a year ago people trusted Democrats over Republicans by 14 points to manage the economy and by 9 points to manage the deficit. Today they trust Republicans by 13 points and 18 points respectively. I’m still willing to go out on a limb and say that Democrats will retain control of the House in November, but polls like this don’t do anything for my confidence.

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In "It's Not a Crisis. This Is the New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, how brutal it is to sustain quality journalism right now, what makes Mother Jones different than most of the news out there, and why support from readers is the only thing that keeps us going. Despite the challenges, we're optimistic we can increase the share of online readers who decide to donate—starting with hitting an ambitious $300,000 goal in just three weeks to make sure we can finish our fiscal year break-even in the coming months.

Please learn more about how Mother Jones works and our 47-year history of doing nonprofit journalism that you don't elsewhere—and help us do it with a donation if you can. We've already cut expenses and hitting our online goal is critical right now.

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