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First report compiled after Trump started war in Iran shows consumers are on the hook for ‘skyrocketing’ prices.
Elizabeth Pancotti, managing director of policy and advocacy at the Groundwork Collaborative, said there are two reasons for that: “One is, it is tax refund season. And we know that every tax refund season, we see a bump in retail sales as folks spend those one-time refunds. And two, as prices go up, retail sales go up.”
“JetBlue accidentally tweeted their cold-blooded confession: They are using customers’ search history against them to drive up price,” said Lindsay Owens, executive director of the progressive think tank Groundwork Collaborative. “While JetBlue is now claiming the post was an ‘error,’ their only mistake was pulling back the curtain on their own deceptive pricing practices.”
“It starts to reinforce this idea that taxes, rather than being a thing that we all have to pay in order to support the kind of society that we want, are a punitive tool from the government,” said Lindsay Owens, the executive director of the Groundwork Collaborative, a progressive group.
CAPE is only designed to issue refunds to businesses, not consumers. Regardless, recent polling from Groundwork Collaborative and Data for Progress found that 42% of voters think “refunds should go directly to American households,” given that businesses passed price hikes onto customers.
Lindsay Owens, the executive director of Groundwork Collaborative, a progressive nonprofit, is especially worried, she said, “because there’s really this cottage industry now of A.I. pricing tech that helps companies figure things out quickly.”
“The biggest issue is the pricing model strategies that FIFA has deployed here in the U.S. make it more likely that the wealthiest fans will be the ones in attendance,” said Lindsay Owens, executive director of the economic think tank Groundwork Collaborative. “Many passionate, loyal, enthusiastic fans will be priced out.”
"Gas prices are highly visible, highly salient prices that consumers use to gauge their feelings about the economy," said Alex Jacquez, the chief of policy and advocacy at the left-leaning think tank Groundwork Collaborative. "People have to fill up weekly; they often don't have much of a choice whether they pay or not."
“The war in Iran has airline executives practically tripping over themselves. They’re following the COVID-era corporate playbook: giddily discussing how they can pad their pockets by using a crisis to gouge consumers already past their breaking point. Don’t take it from me; just listen to what they’re saying,” Lindsay Owens, executive director of progressive think tank Groundwork Collaborative, said in a statement to USA TODAY.
The accumulated cost of what some refer to as the “annoyance economy” adds up to $165 billion a year in lost time and wasted money for American families, according to a new report from Neale Mahoney, a Stanford economist, and Chad Maisel, a policy fellow at Groundwork Collaborative, a progressive research organization.