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STIMULATE ME!….We have a long, hard recession ahead of us, and monetary policy has already done about as much for us as it can. That means we need fiscal stimulus and plenty of it. But what kind? Mark Zandi from Moody’s Economy.com provides the answer and EPI makes it into a chart for your consideration. Basically, they suggest that the money is best spent (a) on low and middle income workers who will actually buy things with it, (b) infrastructure, because the recession is likely to be long and infrastructure projects take a while to get up and running, and (c) aid to states, who would otherwise have to cut back spending and thus blunt the effect of the stimulus package. Works for me.

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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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