Chart of the Day: Food Is Cheap!

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Whenever you point out that inflation is pretty low these days, you can expect a flurry of responses along the lines of, “Have you seen the price of eggs lately?!?” As it happens, yes, I have. More to the point, the US government tracks food inflation, and it’s really low right now. As in negative. Food bought in stores (as opposed to restaurant food) is 2.2 percent cheaper than it was a year ago. This means the average family is spending about $150 less on groceries than they did in 2015. Happy Holidays!

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We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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