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.
“Senator Warren just laid down a critical marker for the tax fight in 2025 – if Democrats do not want to get rolled by corporations once again, they must stiffen their spines and pursue a dramatically different approach. To build the America we want to see, we must finally force corporations and the wealthy to pay up.”
Today, Groundwork Collaborative’s Director of Policy and Research Bilal Baydoun concluded The American Prospect’s sweeping special June issue, “How Pricing Really Works,” with his piece, “Taming the Pricing Beast.”
“The Trump tax law was never intended to help everyday people. It served as a windfall for the wealthy and corporations – the same corporations that have jacked up prices and scored record profits. It’s time to reverse the damage."
“Only one rate cut this year would be a major misstep. Families need relief from high borrowing costs now. Chair Powell is making it harder for families to get by. Inflation has fallen dramatically – we had zero inflation in May.”
“The Fed cannot bring down housing prices by keeping interest rates higher for longer, but it can make rent and homeownership even more unaffordable for families. Waiting around will only delay the relief families need to get ahead. The time to cut rates is now.”
“Chair Powell has not made it clear how holding rates higher for longer will bring down housing prices. We have to be honest about the profound limits of the Fed’s interest rate tool and its potential harms, like making housing even less affordable. The time to cut rates is now. We can lower high housing costs for families and quash the threat of an economic slowdown.”
“As today’s jobs report shows, our economy is stronger when workers can get ahead. Forty straight months of job growth doesn’t happen by accident. We can thank strong, sound public investments in the workers who drive our economy for this progress.”
New American Prospect issue, “How Pricing Really Works,” dives into the corporate pricing strategies that are pushing up costs for consumers with algorithms, personalized pricing, and more.
“The Department of Justice should investigate and prosecute price fixing and collusion across the fossil fuel industry, and Congress should tax back the industry’s windfalls and give families a refund.”
Today, the Bureau of Economic Analysis (BEA) released new data showing that corporate profits ticked down slightly, but remain historically high. “Corporate profits remain historically high, and it's undeniable that corporations have scored sky-high profits by hiking their prices and squeezing already vulnerable families. When the Trump tax law expires next year, we must ensure corporations pay back what they gained through profiteering by putting corporate tax increases firmly on the table." Groundwork’s Director of Policy and Research Bilal Baydoun reacts.