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.
So she called in a big shot to help us understand how the Fed wants us to think about the economy (aka Larry Summers is wrong) and what an alternative, more useful outlook for workers in the US looks like.…
Today, Groundwork Collaborative’s Executive Director Lindsay Owens released the following statement in response to President Biden’s State of the Union address.
Last week, the Consumer Financial Protection Bureau announced a new rule banning excessive credit card late fees, also known as “junk fees.”
“House Republicans are making their priorities very clear: They are going to raise taxes on hard-working Americans, hamstring the IRS’s ability to crack down on wealthy tax cheats, and do everything they can to hurt families and the economy by…
A recent poll from Navigator Research, a progressive group that does daily coronavirus-related surveys, found that 50% of Americans said the federal government should be doing more to improve the economy. A late April poll by the liberal Groundwork Collaborative…
“It is pretty clear that the investments we made in people over the course of the pandemic actually worked,” said Rakeen Mabud, an economist at the progressive think tank the Groundwork Collaborative. “It drove a tighter labor market, it drove…
In economic news, the Federal Reserve has approved an additional quarter-point hike to its benchmark interest rate. In a statement, the Groundwork Collaborative criticized the Fed’s decision, saying, “With today’s rate hike, the Fed is pushing us dangerously close to…
Ahead of tomorrow’s jobs report from the Bureau of Labor Statistics (BLS), Groundwork’s Chief Economist Dr. Rakeen Mabud released the following statement.
Roses are red The Fed wants a recession Jerome Powell's gotta stop With this job loss obsession Slower rate hikes are not enough - the Fed needs to hit pause before we tip over the edge and put millions of…
“Pushing millions of people out of work is not the answer to tackling inflation. Additional rate hikes could jeopardize our strong labor market — and low-wage workers and Black and brown workers would suffer the biggest economic consequences,” Rakeen Mabud,…