Fight disinformation. Get a daily recap of the facts that matter. Sign up for the free Mother Jones newsletter.


Leaving the Obama administration certainly does wonders for your ability to speak plainly. Here is Christine Romer:

President Obama’s former top economic adviser is jumping on Friday’s weak jobs numbers to make the case that the economy needs a much bigger boost from Washington than it’s getting.

….What should Washington be doing? Romer called for additional fiscal stimulus, as part of a package that reduces the deficit over the long term. That spending, she said, should take the form of a cut in the employer side of the payroll tax–an idea with bipartisan appeal–as well as more aid to state and local governments. She also supports infrastructure spending of the kind President Obama has proposed.

We could do this if elite consensus in this country accepted that chronic massive unemployment was a bigger problem than our future federal deficit. But the former affects actual middle class people right now, while the latter — might, possibly — affect the financial fortunes of the well-off in the indefinite future. Looked at that way, it’s a no brainer. Deficits it is.

ONE MORE QUICK THING:

Or at least we hope. It’s fall fundraising time, and we’re trying to raise $250,000 to help fund Mother Jones’ journalism during a shorter than normal three-week push.

If you’re reading this, a fundraising pitch at the bottom of an article, you must find our team’s reporting valuable and we hope you’ll consider supporting it with a donation of any amount right now if you can.

It’s really that simple. But if you’d like to read a bit more, our membership lead, Brian Hiatt, has a post for you highlighting some of our newsroom's impressive, impactful work of late—including two big investigations in just one day and covering voting rights the way it needs to be done—that we hope you'll agree is worth supporting.

payment methods

ONE MORE QUICK THING:

Or at least we hope. It’s fall fundraising time, and we’re trying to raise $250,000 to help fund Mother Jones’ journalism during a shorter than normal three-week push.

If you’re reading this, a fundraising pitch at the bottom of an article, you must find our team’s reporting valuable and we hope you’ll consider supporting it with a donation of any amount right now if you can.

It’s really that simple. But if you’d like to read a bit more, our membership lead, Brian Hiatt, has a post for you highlighting some of our newsroom's impressive, impactful work of late—including two big investigations in just one day and covering voting rights the way it needs to be done—that we hope you’ll agree is worth supporting.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate