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.
Trump's Tax Reform Is A Miracle That Should Make Everyone Giddy
"I don't know what lies ahead for the Trump administration, but President Trump has already done more to grow the U.S. economy than the last four presidents and 28 years combined. In itself that is a significant policy legacy."
How Trump's Second Year Can Top His First
President Trump made a lot of progress in 2017—a lot more than many expected. Now the question is whether his second year can top his first.
IPI Commends Congress For Passing Pro-Growth Tax Reform
IPI enthusiastically commends Congress for finally passing a pro-growth tax reform that represents a much needed reduction in taxes on investment capital and will make the U.S. economy much more globally competitive.
How Average Americans Benefit From the GOP Tax Reform
Here’s one way millions of Americans will benefit from the Republican tax reform, even if they don’t benefit directly from lower tax rates: the booming stock market.
Giovanetti Commends FCC Initiative Rolling Back Title II
"We’re thankful that this mistake is soon to be overturned," said Tom Giovanetti.
Giovanetti: Passage of Tax Bill Major Step Towards "Right Kind" of Tax Reform
IPI commends the U.S. House of Representatives for passing sweeping legislation towards significant tax reform that would benefit the U.S. economy and the middle class.
Democrats Are Suddenly Concerned About Federal Debt
Democrats are raising concerns that tax reform could add to federal debt, but only after their eight-year spending binge that nearly doubled that debt.
Avoiding a Hurricane of Economic Fallacies
Let’s try not to compound economic disasters with economic fallacies. Markets work better than governments, even in a disaster.
Note to Fed: Low Inflation Is a Feature, Not a Bug
The Federal Reserve Bank is trying hard to push inflation up to 2 percent; let's hope it fails.
The Future of Work in an AI World?
The future is coming. Whether it is “jobless” may well depend on steps we take now.
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