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.
Groundwork Collaborative today announced Charisma L. Troiano as its new Chief of Communications.
The evidence for millionaire tax flight is scant.
Zohran Mamdani wants to make New York more affordable by raising taxes on the city’s millionaires. History shows they won’t leave.
Kitty Richards penned an op-ed in MSNBC on Trump’s attacks against Fed independence.
Each week brings more concerning economic news for American families as we enter the seventh month of Trump’s second presidential term.
As Republicans continue to run away from facing their constituents, the Trump administration is attempting to rebrand its failing budget law.
Warren’s relentless focus on prices and affordability clearly has irritated Trump and exposes a vulnerability with his approval rating on inflation sinking, said Lindsay Owens, executive director of the Groundwork Collaborative, a progressive economic think tank based in Washington, D.C. “In a way that Senator Warren so often does, she sort of cut right to the heart of the matter and has gotten right to his pain point,” said Owens, who previously was a senior economic policy adviser to Warren. “And his pain point is how vulnerable he is on the economy.”
“Trump has nominated a sycophant to tell him exactly what he wants to hear,” Alex Jacquez, who served as an economic advisor in the Biden White House, said. “Make no mistake: This selection is a clear assault on independent analysis that will have far-reaching implications for the reliability of U.S. economic data. The Senate should reject this ludicrous nomination outright on a bipartisan basis.”
As former Treasury official Kitty Richards said on CNBC last week, “Corporations are actually able to protect their profit margins and even increase their profit margins at times, using inflation and uncertainty as cover for price hikes, even if their costs aren’t going up.”
Today’s consumer sentiment report is an eye opener, revealing that consumers are increasingly worried about inflation with sentiment declining for the first time in four months. This troublesome report comes on the heels of new PPI data that shows everyday household items could get even more expensive.