In the News
On any given day, Groundwork's analyses, op-eds, reports, and commentary are featured in leading publications and on the most influential news programs and podcasts.
On any given day, Groundwork's analyses, op-eds, reports, and commentary are featured in leading publications and on the most influential news programs and podcasts.
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.
"Trump has betrayed working families," said Alex Jacquez, chief of policy and advocacy at Groundwork Collaborative, a think tank and progressive advocacy group. "The president's illegal war in Iran is just the latest in his misguided economic agenda that continues to pummel American families, small businesses and communities."
President Trump’s chaos in the Middle East disrupts supply, and drives up prices across the economy while working families struggle to make ends meet.
As President Donald Trump’s Iran War strains working families’ wallets, Groundwork Collaborative today released new analysis exposing airline executives for using the conflict to increase their profits — and bragging about it.
"We had started to see credit delinquencies increase. We had started to see savings rates go down. We have seen wage growth really stagnate," Elizabeth Pancotti told CBS News. "If you pile on to that, I think you go from flashing warning signs to major flashing alarm bells."
Lindsay Owens, the executive director of the Groundwork Collaborative, said in a recent report: "It's really clear that a modest tax increase on millionaires—like the Fair Share Act—is just vastly preferable to the alternative, draconian budget cuts that are going to hit families hard."
American families pay the price of stifled growth and creeping inflation while corporations rake it in amidst havoc in Middle East.
"It's clearly suboptimal policy," Alex Jacquez, who worked in the Biden White House's National Economic Council and now is a top aide at the liberal think tank Groundwork Collaborative, said of both proposals.
Adding insult to injury: there is some evidence, according to the progressive think tank Groundwork Collaborative, big corporations are taking advantage of all the confusion to impose inflationary price hikes in order to boost their own profits.
President’s FY27 budget slashes programs that help families cover everyday costs to pour half-a-trillion into the Iran war and Pentagon as Americans’ trust in Trump’s economic agenda hits record lows.