February 12, 2014

The Fed Chairman Wore Sensible Shoes Today

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Elizabeth Williamson of Real Time Economics, the home for “economic insight and analysis from the Wall Street Journal,” analyzes Janet Yellen’s first appearance before Congress today:

She took her seat at 10:01 a.m., clad in a monochrome suit and sensible shoes, carrying a black vinyl binder with rainbow-colored tabs. Once chided by an uncharitable commentator for wearing the same black dress twice in a row, Ms. Yellen hadn’t bought a new suit for the occasion, her spokeswoman, Michelle Smith, confided to a reporter. “I’ll try to come up with some color for you,” she whispered.

Seriously?

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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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