Nightmare on Pennsylvania Avenue

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NIGHTMARE ON PENNSYLVANIA AVENUE….The unemployment rate is at its worst in 14 years. October retail sales were the worst in 37 years. The ISM manufacturing index is at its lowest level in 26 years. And the service sector index is at its lowest level ever.

Welcome to Washington, president-elect Obama. I think you’d better get used to hearing the phrase “at its worst level since ______ “

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FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2020 demands.

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