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Biden 2025 Budget Would Offer ‘Welcome Relief,’ But Not Enough.

Groundwork Collaborative executive director Lindsay Owens offered similar praise, asserting that "the tax reforms in President Biden's 2025 budget are the critical unfinished business of Bidenomics. Enacting the reforms in his budget will begin to reverse the 40-year one-way ratchet of falling taxes for the wealthy and corporations and instead invest in workers and families."

March 12, 2024 Common Dreams

Press Release

Groundwork’s Lindsay Owens Reacts to Biden’s 2025 Budget

“The tax reforms in President Biden’s 2025 budget are the critical unfinished business of Bidenomics. Enacting the reforms in his budget will begin to reverse the 40-year one-way ratchet of falling taxes for the wealthiest and corporations and instead invest in workers and families.”

March 11, 2024

Blog Post

Why The Biden Administration’s Stand Against Grocery Giants Matters

The FTC’s challenge of the Kroger-Albertsons merger is part of a broader push to rein in corporate power and profiteering. Though the grocery giants are billing the merger as an answer to big box domination from the likes of Walmart and Costco, the FTC suit makes clear that the answer to consolidation is never more consolidation.

March 11, 2024 Groundwork Collaborative

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Looking toward November, Biden targets ‘shrinkflation’ in State of the Union speech

“What they’re doing during this period of high inflation is actually expanding their profit margins above and beyond historical averages,” said Lindsay Owens, executive director of Groundwork Collaborative, an economic policy think tank. “Companies have really been using the kind of cover of inflation and the fact that Americans expect prices to increase to go a little further than they needed to. And they’ve brought in really considerable profits as a result.”

March 11, 2024 States Newsroom

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Why are prices still so high? Corporate greed, some say

A recent report from Groundwork Collaborative, a progressive advocacy group, argues that corporate profits drove 53% of inflation during the second and third quarters of 2023 and 34% since the start of the pandemic.

March 11, 2024 CNN

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Prices are ‘skyrocketing’ cry Walmart shoppers calling on other customers to boycott all grocery stores for one day

The price of food items such as eggs, lettuce, and tomatoes decreased, while prices for beef, sugar, and citrus fruit increased, according to a report by Groundwork Collaborative. Amid high gas and housing costs, food prices are hitting Americans the hardest.

March 10, 2024 The U.S. Sun

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Democrats are fighting against “shrinkflation” with a new bill. Here’s everything you need to know

Groundwork Collaborative, a progressive economic policy research group, along with Public Citizen, a non-profit consumer rights advocacy group, have both endorsed Casey’s bill. The bill has seven Democratic co-sponsors including Sens. Tammy Baldwin of Wisconsin, Elizabeth Warren of Massachusetts, Jacky Rosen of Nevada, Cory Booker of New Jersey, Sheldon Whitehouse of Rhode Island, Sherrod Brown of Ohio and Patty Murray of Washington as well Sen. Bernie Sanders, I-Vt.

March 10, 2024 Salon

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Food prices leveling off, but the damage persists

Individuals within the bottom of quintile of people spend on average 25% of their earnings on meals, in comparison with the highest quintile, which spends lower than 4% of theirs, in line with Groundwork Collaborative, an economic think tank.

March 10, 2024 Atlanta Journal-Constitution

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The Fed’s 2% inflation target is a source of growing liberal discontent

Rakeen Mabud, the chief economist at the left-leaning group Groundwork Collaborative, put a finer point on it, saying the target "codifies the fact that inflation is just more important to the Fed than unemployment is."

March 10, 2024 Yahoo! Finance

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Biden calls out ‘shrinkflation’ as part of a broader strategy to reframe how voters view the economy

“Why we’re seeing it now is because shrinkflation is late-stage ‘greedflation’ — when you’ve gone as far as you can go in increasing prices and consumers can’t take another increase,” said Linsday Owens, executive director of the Groundwork Collaborative. “It’s much more deceptive than a list price hike.”

March 8, 2024 Associated Press