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Across party lines, nearly 80% of voters say it is unfair for companies to use personal data to set prices and demand a ban on the practice.
The price for a classic apple pie has skyrocketed nearly 40%, bratwursts are up nearly 30%, and watermelon will run 17% more, while travel prices soar heading into summer.
Kitty Richards: “We're really seeing consistently that voters feel like the economy is headed in the wrong direction. And they care very, very deeply about the cost of living and affordability, and that has been on voters' minds throughout the past year, but it's really the war with Iran and the effect that that has had on energy prices.”
"You have people focusing on their utility bills as a front-line political issue for the first time in years, and they’re pointing the finger at people they had never really paid attention to before,” said Alex Jacquez, chief of policy and advocacy at progressive think tank Groundwork Collaborative and an economic policy aide in the Biden White House.
Gouged: The End of a Fair Price—And What That Means for Your Wallet Publishes September 29.
“Sometimes they’re collecting data that we don’t realize we’re giving away freely, like tracking our mouse movements, looking at what we hover over. And they’re amalgamating all that data and using it to basically create a sort of individualized demand curve for us to estimate with some level of precision exactly how much we’re willing to pay for an item.”
“These are the exact kind of spikes that are going to hit low-income people the hardest, at the exact same time that their incomes are slowing the most,” said Alex Jacquez, chief of policy and advocacy for the Groundwork Collaborative, a progressive group that focuses on cost-of-living issues. “I totally understand why people are really mad right now.”
“He’s returning to a dumpster fire,” said Lindsay Owens, executive director of Groundwork Collaborative, a liberal think tank focused on economic issues. “The president will not have the faith and confidence of the American people — the economy is their top issue and the president is saying, ‘You’re on your own.’”
"Powell kept the economy resilient throughout the pandemic and, in combination with robust fiscal policy through COVID-era stimulus legislation, supported workers when they needed it most," said Liz Pancotti, managing director of policy and advocacy at Groundwork Collaborative, a progressive think tank.
Alex Jacquez: “What we’ve seen is that the last couple months in particular have not helped at all. We’ve seen the hottest inflation prints the last two months than we’ve seen since 2022, gas prices are sitting at $4.50, and on Tuesday we saw that real wages actually fell year-over-year for the first time since 2023.”