NEW: In response to the July Consumer Price Index showing annual inflation cooled to 2.9%, the first time it’s been below 3% since early 2021, Groundwork’s Chief Economist Rakeen Mabud released the following statement: https://lnkd.in/eth_FxSq
Groundwork Collaborative
Civic and Social Organizations
Washington, District of Columbia 3,846 followers
Building an economy that works for all of us. #WeAreTheEconomy
Über uns
The Groundwork Collaborative is committed to advancing an economic vision for strong, broadly shared prosperity and true opportunity for all. Visit our website and follow us on Twitter @Groundwork.
- Website
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https://www.groundworkcollaborative.org/
External link for Groundwork Collaborative
- Industrie
- Civic and Social Organizations
- Größe des Unternehmens
- 11-50 Mitarbeiter
- Hauptsitz
- Washington, District of Columbia
- Typ
- Nonprofit
- Gegründet
- 2018
- Spezialitäten
- Progressive Economic Policy, Strategic Communications, Research, Digital Strategy, Policy Engagement, Economic Think Tank, and Partnerships
Standorte
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Primäre
Washington, District of Columbia 20036, US
Employees at Groundwork Collaborative
Aktualisierungen
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In Bloomberg News, Columbia's Joseph Stiglitz, and American University's Nacho González and Juan Antonio Montecino debunk conventional wisdom surrounding trickledown economics, and explain the economic and social benefits to raising the corporate tax rate — beyond the revenue raised.
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"Interest rates remain unaccountably high, continuing to put pressure on the well-being of the everyday people who keep our economy going." Rakeen Mabud explains why the Fed's high rates are counterproductive — and makes the case for cutting rates now.
The Lights are Flashing Red: The Fed Must Call an Emergency Meeting to Cut Rates | Common Dreams
commondreams.org
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"What we don't want as for sellers of goods or services, to take advantage of people's desperation, to make a quick buck." With dynamic pricing schemes gouging consumers, North Carolina's law preventing gouging during severe weather is sadly necessary.
NC price gouging law in effect; Officials tout investments in power grid as state braces for storm
abc11.com
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NEW: Groundwork's Bilal Baydoun, MPP responds to the July jobs report, which shows the U.S. economy added 114,000 jobs last month and the unemployment rate ticking up to 4.3%: https://lnkd.in/e9eXwDWt
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Groundwork Collaborative reposted this
New from me in Otherwords: “Fundamentally, the coming tax debate is about who holds the reins in shaping our economy: megacorporations and their wealthy shareholders, or the everyday people who keep the economy humming. Next year is an opportunity for Congress to stand firm against the rich and powerful and build the economy that we want to see.” https://lnkd.in/epfmNVYg
Our Tax Code Rewards Corporate Price Gouging. Next Year, We Can Change That. - OtherWords
otherwords.org
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Groundwork Collaborative reposted this
This week, Nick and Goldy are joined by Lindsay Owens Owens, Executive Director of the Groundwork Collaborative, to discuss Groundwork’s recent reports on corporate profiteering and price gouging during and after the pandemic. Owens attributes the record increases in corporate profits over the last few years to growing corporate concentration and lack of competition. She argues that these two factors gave companies an unprecedented level of market power and, therefore, pricing power, which allowed them to exploit the supply chain crisis caused by COVID to drastically raise prices. Owens stresses the need for policy interventions to promote competition, transparency, and fair pricing in the market to ensure a more competitive and consumer-friendly economy. 🎧Listen at the following link or wherever you get your podcasts: https://lnkd.in/gN2UZVN6
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