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First report compiled after Trump started war in Iran shows consumers are on the hook for ‘skyrocketing’ prices.
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.
"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.