The economy should work for everyone—not just the wealthy.
For too long, we've seen policies that prioritize corporate profits over people's well-being. At Groundwork, we believe it's time that the economy works for all of us.
The @FTC has filed a lawsuit against a phantom debt collector that tricked people into paying more than $7.6 million in debts that they do not actually owe—including through threatening them with jail time, harassing family members, and other illegal acts.
Trickle-down trade policies have failed us. @rooseveltinst’s latest report outlines how today’s policies can drive shared prosperity, rebuild domestic industry, and prioritize people over corporate power.
Big grocery chains profit while families pay the price.
@SenWarren & @RepAdamSchiff are calling for an investigation into potential overcharging by Albertsons & others—showing just how far we need to go to tackle predatory practices in essential goods.
The latest step in the Biden-Harris junk fee agenda will save low-income families $100 million a year. There have been dozens of relatively under-the-radar steps like this in this Administration that have collectively saved Americans billions a year in fees.
While Visa and Mastercard rake in billions and fight to block competition, small businesses and consumers are left to cover the cost. Corporate greed is squeezing families and entrepreneurs dry. Thanks to @TheJusticeDept for stepping up 👏. https://x.com/accountable_us/status/1853437367832494346
If you want to feel optimistic about the path of the US economy, this is the graph for you.
Labor productivity is one of the key ingredients for sustained, broad-based prosperity.
Price gouging during emergencies takes advantage of people when they're most vulnerable. We support the call for a national ban to protect families and small businesses from exploitation in times of crisis. It's time for Congress to act.
The US economy has gained 16.1 million jobs since President Biden took office in January 2021.
That’s 6.7 million more jobs than pre-pandemic.
Unemployment rate in Jan 2021: 6.4%
Unemployment rate now: 4.1%
Presidents don’t control the economy. But Biden’s stimulus and…
As @owenslindsay1 points out, following October’s jobs report, the Fed shouldn’t delay planned rate cuts based on temporary factors—like strikes and extreme weather. People need relief from high interest rates now.
Kids should not go hungry because their families can't afford extra fees. The @USDA's move to eliminate these 'junk fees' for low-income families is a positive step. Every child deserves access to healthy school meals—no strings attached.
No one should be expected to work 50 hours a week just to pay rent–it’s unsustainable. The housing crisis is squeezing workers dry, and renters deserve a fair shot at financial stability. We need solutions that prioritize people over profits.
While temporary factors like storms and strikes contributed to this week’s job’s report, the Fed should stay the course with planned rate cuts to keep our momentum.
Underreacting risks a further slowdown in the labor market.
Consumer spending is rising, inflation is steady, and the economy is growing. With such strong fundamentals in place, the Fed should support this momentum and cut interest rates when it meets next week.
Why trends matter and not any singular report: over the past two years by many economic indicators, including jobs--the economy is doing extremely well
