What If the Stimulus Bankrupts the Government?

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Dear IRS,

I am writing to ask whether I may return my 2007 stimulus payment of $89.43. I read today that this payment has contributed to a record-breaking federal budget deficit for the month of May—a whopping $166 billion—and feel that it is my patriotic duty to return my windfall to keep the bankers in Dubai from foreclosing on major American landmarks. I can survive without it, and certainly wouldn’t feel good about spending the extra money knowing that my kids will still be paying interest on it well into their old age. Besides, eighty bucks won’t do much for this rotten economy so you might as well keep it where it could do some good. Maybe you can use it to catch some tax cheats.

Thanks.

DOES IT FEEL LIKE POLITICS IS AT A BREAKING POINT?

Headshot of Editor in Chief of Mother Jones, Clara Jeffery

It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

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