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.
2016 Election: 5 Who Win Under Trump; 5 Who Win Under Clinton
Both parties’ front-runners in the race for the presidency say they’ll grow the economy, but their plans differ. So from your wallet’s point of view, who’s better for you?
Obama's Plan To Benefit Overtime Employees By Spending More Of Other People's Money
Once again, President Obama has shown how generous he can be with other people’s money. Usually he’s dishing out taxpayers’ hard-earned dollars, but this time it’s coming from employers—an estimated $12 billion over 10 years.
Free Markets = Free Trade = Free Markets
Free markets and free trade are two sides of the same economic coin; those who claim to support free markets should also support free trade.
Only Government Could Oppose Ride-Sharing
Who could oppose a new service that is universally loved by its participants? Government, of course—especially government at its worst.
Energy-Related Carbon Emissions Are Declining--Yet Again
Energy-related carbon emissions have fallen once again, thanks to the free market.
Obama Off The Rails On Economy
While Obama can talk the bark off a banyan tree, he cannot make Americans hallucinate prosperity. Obama is the only U.S. chief executivein history not to preside over even one year with 3 percent GDP growth, as the Institute for Policy Innovation’s Tom Giovanetti observes.
The Social and Political Cost of Slow Economic Growth
The American people are blaming other countries and other people for a slow-growth wound that is self-inflicted.
The Obama Administration Has A Boneheaded Plan To Put Convicts Back To Work
The White House thinks employers who won’t hire ex-convicts for $15,000 a year will jump at the chance to pay them $25,000 a year, plus another $4,000 or so for their Obamacare coverage.
Celebrate Earth Day By Protecting The Planet - And Taxpayers
As America celebrates Earth Day, it might be a good time to recall just how much Obama’s desire for a green legacy is costing taxpayers.
Have Minimum Wage Increases Killed "Reshoring"?
Many lower income jobs were returning to the U.S., but that trend appears to have stopped, and workers can thank liberals for it.
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