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 economic situation we face today is not one in which you’d expect the policy response to be direct payments,” said Alex Jacquez. Jacquez defended rounds of stimulus checks by the Biden administration as “fairly standard” for a recession like the one caused by the coronavirus pandemic.
The European Central Bank, the IMF, the OECD and the European Commission, as well as the Economic Policy Institute and Groundwork Collaborative all published studies on how profits were driving inflation.
Liz Pancotti at the Groundwork Collaborative, says that she would not trust that the American people are getting a tariff dividend from the Trump administration as more Americans voice concern about the job market and their ability to afford everyday life.
Lindsay Owens, the executive director of the Groundwork Collaborative, an economic policy group, said the affordability issue had clearly become 'existential' for Mr. Trump.
Alex Jacquez: “And of course because you’re paying over 50 years and not over 30 years, you’re going to be paying off that mortgage for a lot longer. … It looks to be like the president is looking for a quick fix to a market that is fundamentally broken right now.”
Today, Groundwork Collaborative Executive Director Lindsay Owens appeared on MSNBC’s Way Too Early with Ali Vitali to discuss how the government shutdown fight to lower health care costs underscores Americans’ demand for action on the affordability crisis.
“Americans are losing faith in the economy because they’re losing ground. Every day it becomes clearer that President Trump has no real interest in improving the lives of American families,” said Alex Jacquez, chief of policy and advocacy at Groundwork Collaborative, in a statement on the Michigan survey report.
But critics say it will be hard for Trump to turn around public perceptions on affordability. 'He's in real trouble and I think it's bigger than just cost of living,' said Lindsay Owens, executive director of Groundwork Collaborative, a liberal economic advocacy group.
President Trump promised to lower costs on day one. Ten months into his second term, his administration now says America’s affordability crisis is a 2026 problem.
“In the next year, a total of 37 millionaires left,” said Lindsay Owens, executive director of the Groundwork Collaborative, a progressive think tank, speaking to USA TODAY earlier this year. “But in that very same year, the millionaire population of New Jersey increased by more than 3,000 individuals.”