Groundwork Collaborative(@Groundwork) 's Twitter Profileg
Groundwork Collaborative

@Groundwork

Building an economy that works for all of us. #WeAreTheEconomy

Find us on Bluesky @ groundwork and Threads @ thegroundworkcollaborative.

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linkhttps://www.groundworkcollaborative.org calendar_today01-04-2019 21:33:43

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David Dayen(@ddayen) 's Twitter Profile Photo

Chart from the White House upon the establishment of its new Council on Supply Chain Resilience, showing the dead-on relationship between supply chain pressures (lagged) and inflation. As we've been saying:
prospect.org/supply-chain

Chart from the White House upon the establishment of its new Council on Supply Chain Resilience, showing the dead-on relationship between supply chain pressures (lagged) and inflation. As we've been saying: prospect.org/supply-chain
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The impact of the UAW’s historic contract doesn’t stop w/ the auto industry — it's also inspiring workers in other sectors to unionize.

As a leader in the Wells Fargo unionization effort said: 'We would be foolish to not strike while the iron is hot.' wsj.com/finance/bankin…

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Our labor market recovery was driven in part by parents returning to the workforce. Now that pandemic-era child care subsidies have expired, this feature from @marketplace underscores the need for continued investments in the industry. marketplace.org/2023/11/20/wit…

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.Joseph E. Stiglitz on inflation falling: 'Of course, central bankers will pat themselves on the back. But they had little role in the recent disinflation. Raising interest rates did not address the problem we faced: supply-side and demand-shift inflation.' rooseveltinstitute.org/2023/11/15/a-v…

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A new blog from Council of Economic Advisers found the childhood poverty rate would have been 4 percentage points lower in 2022 if the expanded child tax credit was in place.

The policy prescription for reducing childhood poverty is clear. whitehouse.gov/cea/written-ma…

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Congress failed to include stopgap funding for in its short-term spending bill, which could force 600k women and children onto waitlists. Workers and families don’t deserve to be externalities in the House Republicans’s dysfunction. politico.com/news/2023/11/2…

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Corporate profiteering affects Thanksgiving, too. Take a look at Senator Bob Casey’s new report on how corporations are raising prices on our favorite holiday foods to rake in more profits.

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“Getting a $10-an-hour raise is just crazy to me. I can move out of my mom’s house, start looking for my own place. Hell, now I can probably afford my own car insurance.” – a UAW worker on their historic contract in the The Washington Post. washingtonpost.com/business/2023/…

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'The mortal enemy of Bidenomics [is] a reliance on aggregate and average numbers that mask the nature of the economy Americans experience.'

How people feel about our economy matters. We must center workers & families in our understanding of our economy. nytimes.com/2023/11/16/opi…

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'If the government cares about the price of something, then the government needs to target the prices.'

Kitty Richards joined the campaign’s congressional briefing on the need for rent regulation. Check out this recap in Motherboard👇 vice.com/en/article/dy3…

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'Leading economists' misdiagnosis of inflation in 2021-22 was the latest episode in a long-running series of failures.'

Mainstream theories about inflation have failed us, harming workers and families along the way. It’s time for a re-evaluation. project-syndicate.org/onpoint/the-re…

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Larry Summers may have changed his tune on inflation, but the effects of the Fed’s misguided rate-hiking campaign remain. David Dayen says it plain in @theprospect: “A main impact of the Fed’s inflation-fighting has been to ruin the economics of clean energy.” prospect.org/environment/20…

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Junk fees are just another way for corporations to hike prices, pad their bottom lines, & take advantage of workers & families.

@tonyromm takes a peek into the corporate lobbying campaign to hamper the Biden administration’s efforts to rein in junk fees. washingtonpost.com/business/2023/…

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ICYMI: The DOJ is backing tenants in a lawsuit against a real estate tech company. The suit alleges the technology allowed landlords to collude & artificially raise rents. This is the kind of antitrust enforcement we need to rein in profiteering. propublica.org/article/doj-ba…

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While Congress avoided a shutdown for the second time, the appropriations bills they’ll debate in the coming weeks are bad news for workers & families.

@CenteronBudget runs through the cruel, drastic cuts being proposed in this blog post. cbpp.org/research/budge…

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The expiration of the Trump tax cuts is an opportunity for us to course correct by making corporations and the wealthy pay their fair share. In doing so we can raise revenue to invest in programs and build an economy that works for all of us. washingtonpost.com/opinions/2023/…

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The newest blog post from Amy Traub explains why striking workers should qualify for unemployment insurance. Check it out: prosperus.org/blog/striking-…

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