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After Vietnam and Watergate, American trust in government plummeted. But how about since then? Has trust continued to decline? John Sides says it’s actually gone up and down since the 60s, influenced largely by one thing:

What drives the trend in political trust? By and large, it is the economy. People trust government when times are good. They don’t trust it when times are bad. For the presidential election years from 1964-2008, I merged the trust measure with the change in per capita disposable income, courtesy of Douglas Hibbs….The relationship is striking. The economy explains about 75% of the variance in trust. If you delete 1964, which looks like a potential outlier, the economy still explains 73% of the variance.

In a way, this isn’t surprising. It certainly gibes with the well-known fact that presidential elections are largely driven by incumbency and the economy and not much else.

But I have to confess that this one of those results I prefer not to focus on too much. It’s sort of like talking about how important luck is in life results. It might be true, but it also induces a sort of fatalism that can be damaging in the long run. It’s good for society if people think they have more control over their destiny than they do, and it’s good for politicians to think there are things they can do to make people better off and increase their own chances of reelection. If incumbency and the economy are pretty much all there is to it, why bother spending time on actual legislation? It’s just a bunch of hard work that probably won’t pay off anyway.

And it probably won’t. But let’s keep quiet about that.

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WE'LL BE BLUNT.

We have a considerable $390,000 gap in our online fundraising budget that we have to close by June 30. There is no wiggle room, we've already cut everything we can, and we urgently need more readers to pitch in—especially from this specific blurb you're reading right now.

We'll also be quite transparent and level-headed with you about this.

In "News Never Pays," our fearless CEO, Monika Bauerlein, connects the dots on several concerning media trends that, taken together, expose the fallacy behind the tragic state of journalism right now: That the marketplace will take care of providing the free and independent press citizens in a democracy need, and the Next New Thing to invest millions in will fix the problem. Bottom line: Journalism that serves the people needs the support of the people. That's the Next New Thing.

And it's what MoJo and our community of readers have been doing for 47 years now.

But staying afloat is harder than ever.

In "This Is Not a Crisis. It's The New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, why this moment is particularly urgent, and how we can best communicate that without screaming OMG PLEASE HELP over and over. We also touch on our history and how our nonprofit model makes Mother Jones different than most of the news out there: Letting us go deep, focus on underreported beats, and bring unique perspectives to the day's news.

You're here for reporting like that, not fundraising, but one cannot exist without the other, and it's vitally important that we hit our intimidating $390,000 number in online donations by June 30.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. It's going to be a nail-biter, and we really need to see donations from this specific ask coming in strong if we're going to get there.

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