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.
So That's What Happened to My Raise
Yes, wage compensation appears to have been stagnant for decades, but that's not the whole story.
Don't Cry for 'Free' Argentina--It's Finally Doing Something Right
Leftists and unions are protesting against Argentina President Macri because he is cutting government jobs and scaling back government utility subsidies—both of which the U.S. should be doing also.
Why Hasn't Your Income Been Going Up Faster? Blame Facebook
Politicians are looking for scapegoats they can claim are robbing us of more wages. But if excessive social networking is reducing productivity, and therefore limiting incomes, that’s one problem government can’t solve.
Shocker: Liberals Discover That Taxes Affect Human Behavior
Liberal nannies raised taxes on sugary drinks to reduce consumption, so why don't they realize that raising taxes on earnings, savings and investment will have a similar impact.
The Economy Is The Unspoken Pressing Issue This Election Cycle
For now, both candidates appear happy to peddle a re-packaged version of President Obama’s job-killing agenda.
Clinton's Economic Plan Is Bad For Michigan
Tom Giovanetti at the Institute for Policy Innovation says Obama is the first president in U.S. history not to have at least one year in office with a national GDP growth rate of at least 3 percent.
The Democratic Convention Will Be a Buffet of Vote-Buying and Phony Promises
This year’s convention is set to be a four-day effort to buy votes with taxpayer and employer money.
Trade Protectionism Is Crony Capitalism
If you oppose crony capitalism, and you should, then you should also oppose trade protectionism.
San Francisco's Tech Tax Is Not A Solution to Homelessness
If higher taxes were the cure for homelessness, California — and San Francisco, in particular — would have solved its homeless problem years ago.
Scholar Debunks Trump's Trade Speech
Presumptive Republican nominee Donald Trump’s trade policy speech this week was misleading on the actual state of U.S. trade, a scholar with the Institute for Policy Innovation said in a Rare op-ed published on Friday.
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