GDP Growth In 2018 Was Below 3%

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The BEA revised its estimate of GDP growth in Q4 downward to 2.2 percent today. Team Trump has been using a Q4/Q4 measure of growth so that they can say GDP grew more than 3 percent last year,¹ but using the latest figures even the Q4/Q4 measure has dropped to below 3 percent. It’s now….

2.98 percent

But it rounds up to 3 percent! MAGA!

¹Using the more normal measure, where you simply compare all of 2018 to all of 2017, GDP growth last year was 2.9 percent. Even after the reduced estimate for Q4 it still is—though just barely.

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Minority rule, corruption, disinformation, attacks on those who dare tell the truth: There is a direct line from what's happening in Russia and Ukraine to what's happening here at home. And that's what MoJo's Monika Bauerlein writes about in "Their Fight Is Our Fight" to unpack the information war we find ourselves in and share a few examples to show why the power of independent, reader-supported journalism is such a threat to authoritarians.

Corrupt leaders the world over can (and will) try to shut down the truth, but when the truth has millions of people on its side, you can't keep it down for good. And there's no more powerful or urgent argument for your support of Mother Jones' journalism right now than that. We need to raise about $450,000 to hit our online fundraising budget in these next few months, so please read more from Monika and pitch in if you can.

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