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Why the Drivers of Lower Inflation Matter

The first camp attributes most of the recent decline in inflation to the ebbing of these one-time supply disruptions, not rate increases, which are supposed to work through the labor market. “It’s calling into question a lot of the old assumptions,” said Lindsay Owens, executive director at the Groundwork Collaborative, a liberal think tank.

July 30, 2023 The Wall Street Journal

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Ignoring Warnings of Mass Job Loss, Fed Hikes Rates to Highest Level in Decades

"Chair Powell and the Fed continue to push the false choice peddled by inflation hawks that we have to choose between a strong labor market and lower prices," Groundwork Collaborative executive director Lindsay Owens said Tuesday in a statement. "The data show that we can have both."

July 28, 2023 Common Dreams

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The Fed’s Difficult Choice

“It’s crystal clear that low inflation and low unemployment are compatible,” Rakeen Mabud, an economist at the Groundwork Collaborative, a progressive think tank, told our colleague Talmon Joseph Smith. “It’s time for the Fed to stop raising rates.”

July 27, 2023 The New York Times

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Groundwork’s Lindsay Owens Calls on Fed to Halt Rate Hikes

“The dangerous reflex to hike rates, no matter the causes of inflation, is both a policy failure and a failure to imagine a world in which workers are anything other than expendable. The Fed should end its rate hiking campaign for good.”

July 25, 2023

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How ‘Bidenomics’ Came To Be, And How It Could Survive

“Biden deserves a lot of credit for never endorsing the idea that we need to destroy the labor market,” Owens said.

July 24, 2023 Huffpost

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The Inane Indignation Around Sellers’ Inflation

And that gets us to opportunity, which is what the macroeconomic shocks provide. Firms probably did experience real increases in their production costs, which gives them good reason to raise their prices…to a point. But what has been documented by Groundwork Collaborative and separately by Isabella Weber and Evan Wasner is corporate executives openly discussing increasing returns using “pricing power,” which is code for charging more than is needed to offset their costs.

July 21, 2023 The Sling

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Don’t Let Inflation Bury the Memory of a Government Triumph

“My biggest takeaway from the incredible success of the labor market recovery from the pandemic recession was that the jobless recovery that followed the Great Recession was a policy choice — a cruel and misguided policy choice,” said Lindsay Owens, the executive director of the liberal think tank Groundwork Collaborative.

July 20, 2023 The New York Times

Press Release

Groundwork’s Lindsay Owens Applauds White House for Tackling Corporate Price Gouging

Yesterday, the Biden Administration announced new guidelines for corporate mergers and took steps to crack down on junk fees and price gouging in the food industry.

July 20, 2023

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MAGA-fied GOP Wants Little to Do With the Chamber of Commerce

Warren’s former senior economic policy adviser Lindsay Owens, now executive director of the liberal Groundwork Collaborative, notes that the chamber has historically been at odds with Democrats and progressives. “Now their influence is also waning with Republicans,” she says, “which begs the question: What juice do they still have in Washington?”

July 19, 2023 Bloomberg

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Inflation Report Raises A Startling Possibility: Washington Got COVID Right

Rakeen Mabud, chief economist with a group of liberal economics experts known as Groundwork Collaborative, said raising rates could roll back some of the gains made possible by historically low unemployment. “Two months of rising Black unemployment foreshadows disastrous consequences for our labor market if Chair Powell resumes rate hikes this month,” Mabud said.

July 12, 2023 Huffpost