Monika Bauerlein,
CEO
Dear MoJo Reader,
Have you been following the news less? A lot of people have, and that can be good, but it can also spell trouble for those of us in the news business. We're about to find out, because Mother Jones has a $350,000 fundraising goal right now. In "Slow News Is Good News," I try to reset after several chaotic years and make a longer-lasting case for why our nonprofit journalism matters. I hope you'll read it and that you'll pitch in if you can.
Have you been following the news less? A lot of people have, and that can be good and bad. It's unnerving, because Mother Jones has a $350,000 fundraising goal right now. In "Slow News Is Good News," we try to reset after several chaotic years and make a longer-lasting case for why our journalism matters. Please read it—and please pitch in!
I mentioned inflation in the previous post, but it’s worth pointing out something that hasn’t gotten a ton of attention: since the beginning of 2017, inflation has been dead flat:
Some of this is due to declining oil prices, but even the core indexes (which exclude food and energy) are running at an annual rate of only 0.8 percent. This is yet another sign that the economy has been so-so over the past few months. Wage growth is modest and there’s no inflationary pressure at all.
