A growing economy creates jobs, raises living standards, maintains global competitiveness, and thus engenders positive attitudes and optimism about the future.
While many policymakers seem intent on focusing on either economic stimulus or austerity, IPI believes that the economy can grow consistently and at higher rates than we’ve experienced in the last decade, and we reject the idea that economic growth contains within itself the seeds of its own demise through inflation, the business cycle, and erroneous Phillips Curve assumptions. Therefore, economic growth should be elected officials’ primary policy goal at the federal, state and local levels, and it’s the organizing principle of our policy work at IPI.
Whatever limitations may exist on economic growth, they should not be self-imposed through counterproductive tax policy, overbearing regulations, ill-conceived monetary policy, trade protectionism, or hostility toward skilled and ambitious immigration.
Nancy Pelosi: Pay No Attention to Your Fatter Paychecks
Would someone please tell Nancy Pelosi that paychecks are already getting fatter—without her tax increases and redistributionist efforts.
A Free-market "Yes" to Texas High-Speed Rail
The genius of private infrastructure is that we can grow the Texas economy without growing the Texas government.
The French Tell Macron Where to Stick His Gas Tax
French President Macron is shocked his constituents don't want to pay higher taxes so he can claim to be a clean-energy leader. Are U.S. progressives listening?
Austin's Affordable Housing Problem
Well Whadya Know: Federal Revenue Is Up
The left predicted that the Republican tax cut legislation would lower federal revenue. Surprise! Federal revenue is up.
Why Not 'Trump Retirement Accounts'?
Throughout his career Donald Trump sold the sizzle of wealth, but now as president he can deliver the steak. Trump Retirement Accounts could secure his place in history as the president who made Americans rich.
Austin's Affordable Housing Problem
Austin hopes to address its affordable housing problem with a $925 million bond issue.
Giovanetti Defends Eminent Domain for Private Companies, Urges Lawmakers to Maintain Neutrality
IPI's Tom Giovanetti testified before the Texas House Land and Resource Management Committee to address the state’s eminent domain statutes. He defended the rights of private companies to have the power of eminent domain for public use projects, and called on policymakers to remain neutral in how eminent domain is applied to private industries.
A Snapshot of the Trump Economy
The economy grew under President Obama, but slowly and sporadically. However, several economic indicators demonstrate that President Trump's embrace of free market principles has noticeably spurred hiring, investment and confidence.
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