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 public overwhelmingly opposes further cuts and favors more investment in critical non-defense discretionary (NDD) programs.
During a press briefing at 4 p.m. today, leading economic experts called on Chair Powell and the Fed to cut rates immediately to avert serious harm to workers and families.
“The time for rate cuts is now,” Lindsay Owens, executive director of the progressive Groundwork collaborative, said in a statement today.
By the numbers, economists say that data is supposed to be good news for the economy, but to Americans, it doesn’t exactly feel that way. And with just over a month from the first primary election of the 2024 season, we wanted to know what this economic news means for President Biden and Republicans who want to unseat him. To answer that question and more, we’re joined by Lindsay Owens, executive director of progressive economic think tank Groundwork Collaborative.
“Now that it’s abundantly clear we don’t need to throw people out of work to bring down prices, chair Powell should course correct and begin cutting rates before we suffer further damage to the housing market or continue to ice investments in the green transition,” said Lindsay Owens, executive director of the Groundwork Collaborative.
Today at 4 p.m. ET, Groundwork Collaborative will host a virtual press briefing with leading economic experts reacting to Federal Reserve Chair Jerome Powell’s speech and the FOMC’s policy decision.
As 2023 closes with both inflation and unemployment under 4%, we can finally put a dangerous macroeconomic myth to bed. You don't fight inflation on the backs of American workers.
Kitty Richards, former President Biden Treasury official, and Mick Mulvaney, former White House chief of staff and Actum Strategic Advisors co-chair, join 'Squawk Box' to discuss the debate over a potential wealth tax, whether the wealthy in the U.S. should pay their fair share in taxes, whether IRS funding cuts should be tied to any potential aid package for Israel and Ukraine, and more.
Tomorrow’s jobs report could mark the 22nd straight month that the unemployment rate sits below 4%. This is a tremendous achievement for an economy that just three years ago was in the throes of a global pandemic and recession. But continued progress requires continued investment.
Kitty Richards, Groundwork Collaborative Acting Executive Director, discusses President Biden asking corporations to stop price gouging as inflation comes down, and whether or not he is correct in regards to his message on inflation. She also talks about Fed Chair Jerome Powell, and what she expects the Federal Reserve will do with interest rates next year. Kitty Richards speaks with Annmarie Hordern and Joe Mathieu on Bloomberg's "Balance of Power."