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.
WH CEA Member Heather Boushey: “The big lesson learned is that unemployment in the wake of recession is a choice.”
The Fed “can’t make homes more affordable or control oil prices by kicking workers out of their jobs. If we care about the cost of living, we need to focus on investing in people and families,” said Kitty Richards, acting executive director of the progressive nonprofit Groundwork Collaborative.
“Chair Powell can’t make homes more affordable or control oil prices by kicking workers out of their jobs. If we care about the cost of living, we need to focus on investing in people and families. That means empowering workers, delivering affordable housing and child care, and building our clean energy future.”
Headline inflation as reported by the Bureau of Labor Statistics (BLS) rose by 3.7% year-over-year in August 2023, but when real-world housing cost data is incorporated, that figure drops to 2.4%, and year-over-year inflation in June and July was below the Fed’s 2% target.
“Today's child poverty numbers are a heartbreaking reminder that poverty is always a policy choice."
Bilal Baydoun, director of policy and research at Groundwork Collaborative, said the strong labor market has provided more opportunities for labor organizing this year...“This is a historic opening for workers not just to make progress against the pandemic economy and the pandemic recovery, but also against the pre-pandemic economy.
In this episode of Business Beyond, we examine the growth in big government around the world, looking at the impact of US President Joe Biden’s Inflation Reduction Act, and how climate change, the Covid-19 health emergency and the energy crisis triggered by Russia’s war in Ukraine are shifting attitudes towards the government’s role in society.
Kitty Richards: “This jobs report really shows that we never had to choose between falling inflation and an economy that really delivers for workers and families if we invest in people.”
Kitty Richards, acting executive director at economic policy think tank the Groundwork Collaborative and a former Biden Treasury official, told Newsweek in a written statement that she is optimistic about the impact of Biden's initiatives on the U.S. economy.
“With inflation in retreat and unemployment at record lows, the Fed must change course and focus on driving more gains for workers and families, not blaming them for inflation while corporations rake in record profits.”