Back to “It’s The Economy, Stupid?”

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


Democrats in Congress seem to be running for cover in the face of a GOP rebound on the war, but a recent minimum-wage amendment introduced by Ted Kennedy could be the wedge issue they need for the upcoming election. The amendment, introduced June 19, would raise the minimum wage for the first time since 1997, from $5.15 to $7.25 an hour. “A minimum wage worker who works 40 hours a week, 52 weeks a year, earns just $10,700 a year,” Kennedy said in a floor statement. “That’s $6,000 below the poverty line for a family of three.”

A recent Labor Department report shows that inflation is erasing wage increases. Weekly wages dropped 0.7 percent in real terms in May. In 50 percent of the 65 months since Bush took office, workers’ pay either has remained unchanged or declined, Bloomberg reports. “People at the high end of the income scale are doing a lot better than people in the middle or low end, but there are a lot more people in the middle and low end,” Douglas Lee, president of Economics From Washington, a Potomac, Maryland, consulting firm, told Bloomberg. “For those people, inflation is eating into their income gains.” An AP poll of 1000 or so people in early June found 60 percent disapproved of Bush’s handling of the economy, while 38 percent approved.

It’s possible that Democrats could, as they did during the 2002 midterms, try to focus on the economy and refuse to make Iraq an election issue. Even though the civil war in Iraq is intensifying, Bush’s PR performance after the killing of Zarqawi has brought the president a rebound of sorts—at least with the media. Meanwhile, Dems may rant and rave about Iraq, but they can’t agree on what to do about it. Four Democratic senators—Jack Reed, Carl Levin, Dianne Feinstein and Ken Salazar, with support from Hillary Clinton, Pat Leahy, and Minority Leader Harry Reid—have introduced a non-binding “sense of the Senate” resolution asking Bush to begin a phased redeployment out of Iraq by the end of this year. But the measure doesn’t say how fast the drawdown should go.

An alternative measure, sponsored by Russ Feingold, Barbara Boxer and John Kerry would order the President to withdraw troops by July 1, 2007. But a similar withdrawal measure flopped last week on a 93-6 vote in the Senate—and the House has passed a nonbinding resolution rejecting a date for withdrawing the troops on a 256-153 vote, with large numbers of Democrats joining the GOP votes in favor of indeterminate commitment to the war.

WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

payment methods

WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate