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Lindsay Owens: “The inflation hawks…Their viewpoint is much more dangerous than just their cures for inflation. Their diagnosis is also a problem. The prescription is to obliterate the labor market.”
Lindsay Owens, a progressive economist and executive director of the Groundwork Collaborative, said there’s a “reckoning” underway on deposit insurance. “I don't think there's any putting the toothpaste back in the tube here once you start insuring 100% of deposits,”…
Today’s Consumer Price Index (CPI) report shows inflation at 6.0% year-over-year in February – down from 6.4% in January.
On Monday, Lindsey Owens, executive directive of the progressive economic watchdog Groundwork Collaborative, focused on the additional lending facility made available to the bank customers and said the latest actions expose a deep "rot" within the Federal Reserve—especially as the…
Yesterday, the Federal Reserve announced a new lending facility to bail out the depositors of Silicon Valley Bank – the largest bank to collapse since the 2008 financial crisis.
Although many of these proposals are unlikely to go anywhere due to the GOP-controlled U.S. House and divided Senate, Groundwork Collaborative executive director Lindsay Owens said Friday that "it's great to see President Biden leading the charge to increase taxes…
Chris Becker, senior economist at economic policy group Groundwork Collaborative, said supply-chain issues have given companies “a lot of power to raise prices almost at will,” leading to growing profits. “We’re just in an environment where we have really unconstrained…
Groundwork Collaborative’s Executive Director Lindsay Owens released the following statement in response to tax policies in President Biden’s budget proposal that raise revenue from the ultra-wealthy while protecting Social Security, Medicare, and other popular public investments.
ProsperUs coalition spokesperson Claire Guzdar argued that "President Biden's budget is driven by what we know works: investments in the people who keep our economy running. Lowering costs for families, strengthening Medicare and Social Security, and delivering investments in healthcare,…
Ahead of tomorrow’s monthly jobs report from the Bureau of Labor Statistics, Groundwork’s Chief Economist Dr. Rakeen Mabud released the following statement.