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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

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Biden Praised for Plan to Tax Billionaires and ‘Take on Corporate Greed’

"Last night, President Biden detailed a clear, decisive plan to take on corporate greed in order to reduce costs and to reestablish a progressive tax system where the wealthy and corporations pay their fair share," said Lindsay Owens, executive director of Groundwork Collaborative and the author of a report on shrinkflation that was published this week.

March 8, 2024 Common Dreams

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Biden Is Serious About His Candy-Bar Crusade

Lindsay Owens, the executive director of the progressive think tank Groundwork Collaborative, told me that the government could more strongly enforce existing laws about deceptive selling practices and work to further prohibit misleading tactics, including with stricter labeling rules. Owens, who supported Casey’s bill, argues that the onus of dealing with shrinkflation should fall on policy makers rather than on consumers.

March 8, 2024 The Atlantic

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Groundwork’s Bilal Baydoun Reacts to February Jobs Report

March 8, 2024

Press Release

Groundwork’s Lindsay Owens Reacts to SOTU: “President Biden detailed a clear, decisive plan to take on corporate greed”

“Last night, President Biden detailed a clear, decisive plan to take on corporate greed in order to reduce costs and to reestablish a progressive tax system where the wealthy and corporations pay their fair share."

March 8, 2024

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Biden to propose new $5,000 tax credit for first-time home buyers

“President Biden is absolutely right to lay out his plans to make housing more affordable,” said Lindsay Owens, executive director of the Groundwork Collaborative, a left-leaning think tank. “Housing costs are top of mind for Americans, and this is an important piece of unfinished business for the president.”

March 7, 2024 Washington Post

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5 things to know about the economy under Biden

“The stuff that matters most to Americans is still often unaffordable, or insofar as it’s affordable, taking up a disproportionate share of their budget and crowding out other spending,” said Lindsay Owens, executive director of Groundwork Collaborative, a progressive research nonprofit.

March 7, 2024 The Hill