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.
“Our strong labor market is also catalyzing a wave of labor actions across the country and major victories for workers, including the deal struck between UAW and the auto companies just this week. These announcements are very good news not just for auto workers, but for all Americans fighting for better-paying jobs, better working conditions, and more economic security for their families."
“While today's expected pause on rate hikes would be welcome news, it’s crucial that the FOMC begin to re-examine the Fed’s aggressive rate hiking campaign and ask whether high interest rates are doing more harm than good.”
“As the Federal Reserve prepares to convene next week, it’s crucial that Chair Powell rethink his approach in light of the data and not use good economic news as a reason to punish the workers and families driving our economy.”
Thanks in large part to Lindsay Owens and her team at the Groundwork Collaborative, the idea that corporate profiteering is an important part of today’s inflation is getting a surprising amount of traction, including from the administration.
"We must avoid the knee-jerk reaction of raising rates and instead remember that a thriving economy depends on the economic security of the people who drive it."
Kitty Richards, acting executive director of Groundwork Collaborative, a Washington, D.C. think tank, said the growth in federal investments in different industries, such as manufacturing, has spilled over to other parts of the labor market, which is why there is job growth in some of these other sectors.
"Despite chaos in Congress and aggressive interest rate hikes by the Fed, our labor market remains remarkably resilient and strong."
"Friday’s jobs numbers come at a delicate moment for our economy, and I will be watching for signs of continued wage growth, a growing labor force, and whether the economy is still delivering for those historically excluded from sharing in the nation’s prosperity."
Allowing radicals in the House to deprive millions of basic economic security is a recipe for slower economic growth and widespread economic pain.
"Closing a loophole that allows hedge fund managers to contribute nothing to Social Security and Medicare should be an easy sell, as should funding the government and giving the IRS resources to crack down on wealthy tax cheats."