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Posts by Groundwork Collaborative

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The war in Iran has airline executives practically tripping over themselves.

Don’t take it from us. Just listen to what they’re saying.

2 days ago 4 2 0 0
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Here’s a secret that TurboTax doesn’t want you to know: filing your taxes every year could be 100% free. But Trump is too cozy with Big Tax companies.

They lobbied so Americans would have to spend time & money to file their taxes - and to no one’s surprise – Trump caved.

3 days ago 9 4 0 0
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CPI report may show inflation hitting 2024 levels amid soaring gas prices Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.

Instead of waging a war on inflation, Trump is prioritizing his war on Iran that will only make things worse.

Credit card delinquencies are ⬆️. Savings rates are ⬇️. Wages are stagnated.

"If you pile on to that, I think you go from warning signs to major flashing alarm bells."

4 days ago 11 4 0 0
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Mamdani’s push to ‘tax the rich’ could make sense for NYC, fiscal analysts say, despite Hochul opposition – QNS Economists at the Groundwork Collaborative (GWC) say Mayor Zohran Kwame Mamdani’s proposed millionaire tax is a financially sound decision for New York City

@mayor.nyc.gov’s plan to raise taxes on millionaires just makes sense.

“It’s really clear that a modest tax increase on millionaires is just vastly preferable to the alternative, draconian budget cuts that are going to hit families hard,” said @lindsayowens.bsky.social.

4 days ago 0 0 0 0
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There are winners and losers this tax season.

Unless you’re a billionaire, corporation, or TurboTax - you’re the loser.

5 days ago 5 1 0 1
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Thanks to @lorakelley.bsky.social for writing up Chad Maisel and my work on the Annoyance Economy in today's NYT.

NYT piece: www.nytimes.com/2026/04/12/b...
Playbook: groundworkcollaborative.org/work/taking-...

Huge thanks to @groundwork.bsky.social for their support 🙏

6 days ago 12 3 1 1
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Trump’s War in Iran Hits Pockets at Home as Inflation Spikes - Groundwork Collaborative President’s chaos in Middle East disrupts supply and drives up prices across economy while working families struggle to make ends meet

More bad news: Even with a 2-week ceasefire in place, global supply chains are still disrupted & the inflationary shockwaves will continue.

Our full statement on today's CPI report ⤵️

1 week ago 3 1 0 0
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New inflation data out today is the first full snapshot since the onset of Trump’s war with Iran.

The numbers tell the story: prices overall have surged 3.3% compared to last March - prices overall are up ~1% - compared to February of this year.

1 week ago 2 1 1 0

NEW: Consumer sentiment just hit an all-time low – worse than anything seen since tracking began in the 1960s.

Consumers haven’t felt this bad about the economy – ever.

1 week ago 9 5 1 0
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Trump’s war on Iran has made prices skyrocket on everything from gas to groceries.

But one group seems to be doing just fine.

Airline executives are using the conflict to jack up their profits — and bragging about it.

1 week ago 6 6 0 0
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Consumers paid for Trump’s illegal tariffs. These companies may profit. President Trump imposed sweeping global tariffs during his first year as president.

Out of the 18 companies suing the federal government for Trump tariff refunds, only two said they’d pass those refunds back to their customers.

You know, the people who actually paid the higher prices.

1 week ago 5 4 1 0
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Today’s Personal Consumption Expenditure is clear: Once again, Trump has betrayed working families.

Corporate profits, however, are at a record high.

Our @alexsjacquez.bsky.social says it best ⤵️

🔗: groundworkcollaborative.org/news/new-dat...

1 week ago 2 1 0 0
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Chris Jansing on @ms.now asked @alexsjacquez.bsky.social about rising prices thanks to Trump’s war in Iran: “What worries you most in terms of what consumers could see?”

“Just about everything.”

1 week ago 2 2 0 0
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Whether A.I. will lead to widespread job loss remains guesswork.

But one thing is already clear: A.I. will land first and hardest on the low- and middle-class workers.

Excellent read from Jennifer M. Harris 👇

🔗: www.nytimes.com/2026/04/08/o...

1 week ago 10 7 0 1
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The direct result of Trump’s war in Iran.

1 week ago 6 1 0 0
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Companies are raking in an eye-popping $166 BILLION in revenue by inconveniencing you.

The “annoyance economy” is a money-making scheme that slowly squeezes consumers through tricks like junk fees, subscriptions that are hard to cancel, phone scams, & complicated medical bills.

1 week ago 12 3 0 0
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One Year After “Liberation Day,” Trump’s Tariffs Drive Up Prices While Corporations Cash In - Groundwork Collaborative

3/ And Trump’s incoherent tariff policy is only making matters worse.

"Adding insult to injury: there is some evidence, according to... @groundwork.bsky.social, big corporations are taking advantage of all the confusion to impose inflationary price hikes in order to boost their own profits."

1 week ago 3 3 1 0
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Fixing Housing Means Fixing Finance: Why We Can’t Deregulate Our Way to Affordability - Groundwork Collaborative

Housing is a basic human need. But in America, it’s also an investment vehicle.

As long as building homes depends on delivering big returns to private investors, rents will need to keep rising. That’s the core problem.

Our new report shows why ⤵️

1 week ago 6 3 0 0
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Hershey’s rolled back their plan to use worse ingredients in their iconic candies (while raising prices) after our @lindsayowens.bsky.social called them out.

Fox43 News with the sweet scoop.

1 week ago 3 1 0 0
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“​​Is there any part of the global economy that will remain untouched?”

“Not particularly,” our @alexsjacquez.bsky.social breaks down for @news4jax.com.

“What we're looking at is pushing up the price of just about everything.”

1 week ago 1 1 0 0
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Trump's budget in plain terms:

+ $500 billion for the Pentagon
- $5 million in utilities assistance for families
- $4 billion for affordable housing programs
- $230 million for worker protection agencies

🔗: groundworkcollaborative.org/news/trump-w...

1 week ago 6 2 0 0
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Jesse Ferguson: One Year Later — How Trump Lost His Superpower The tariffs came with receipts and voters haven't forgiven him

Deb from Wisconsin just wanted to make her family's famous lasagna. Trump's tariffs made it unaffordable.

That's not an economic white paper. That's not a trade negotiation. That's dinner — or the lack of it — for working families trying to get by.

1 week ago 3 1 0 0
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Instacart built a secret AI lab to figure out the highest price you'd pay for groceries before you closed the app.

We exposed it.

Our investigation is up for a Shorty Award — vote for it and help us keep corporations accountable.

🔗: shortyawards.com/18th/same-ca...

1 week ago 3 1 0 0
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The Walking Debt: Families Face Down Decade-Old Mortgage Debt at the Worst Possible Moment Once Again Families Pay When CFPB, America’s Would-Be Zombie Hunter, Goes Dark

Amid rising costs, corporate gouging, & a chaotic presidential administration, ‘zombie mortgages’ are rising from the dead when working families can least afford them.

600,000+ families are at risk of their long-thought forgiven mortgages suddenly coming due. More from @borrowerjustice.bsky.social.

2 weeks ago 3 1 0 0
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UEFA to freeze Euro 2028 ticket prices in stark contrast to FIFA’s World Cup policy

Ahead of the World Cup, “FIFA has embraced a familiar opportunity: permission to price-gouge,” @lindsayowens.bsky.social says.

“The irony is hard to miss: in chasing maximum revenue, FIFA risks shrinking the very audience that made the World Cup seemingly priceless.”

2 weeks ago 2 1 1 0
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Looking to score FIFA World Cup tickets? Prepare to spend thousands of dollars.

Our Emily DiVito tells @fox26houston.bsky.social: “The average fan has virtually no chance of receiving [a $60-tiered ticket]. They only represented 1%-2% of game tickets anyway.”

2 weeks ago 2 1 1 0
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Our Elizabeth Pancotti doesn't hold back when it comes to Trump's Liberation Day tariffs:

"Overall, the economic picture here in the U.S. is really one of calamity."

"It has been the American consumer stuck with most of the bill."

Watch her full interview 👇

2 weeks ago 7 2 0 0
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Groceries are already a big item in any family’s budget. But the war in Iran is about to make them even more expensive.

Here are the 3 ways Trump’s war is going to cost you at the grocery store.

2 weeks ago 3 2 0 0
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March Job Gains Mask a Volatile Labor Market as Iran War Chaos Mounts - Groundwork Collaborative

Our full statement on today's jobs report ⤵️

2 weeks ago 3 1 0 0
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Today's jobs report headline looks okay.
The fine print doesn't.

→ February revised to a loss of 133,000 jobs
→ Hiring at its weakest pace since 2020
→ Discouraged workers up 40% in a single month
→ Average unemployment spell: nearly 4 months

Our Breyon Williams says it all 👇

2 weeks ago 7 4 1 0