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.
When 'Full Employment' No Longer Is Full Employment
The U.S. is approaching what economists call "full employment," in which everyone who wants a job can find one. So why are so many people unemployed and desperate for work?
Five Numbers That Should Terrify Democrats
These five numbers—60, 57, 68, 57 and 46—could doom any Democratic presidential candidate, regardless of who the Republicans nominate.
If Donald Trump Was President, Here’s What Would Happen to the U.S. Economy
There's no denying Trump has done a good job of making himself rich -- he's worth somewhere between $4.5 billion and $10 billion, depending who you ask . Can he make the rest of America rich, too?
Coalition Letter in Support of Permanent Internet Tax Freedom
Since 1998, the federal government has prohibited states and localities from imposing such taxes. This has helped Americans from all backgrounds gain access to the Internet. The economic and educational benefits of this policy are vast and immeasurable. It is long past time for Congress to make permanent the ban on Internet access taxes.
Wouldn't It Be Great If We Could Make Obama Live Under the Same Laws We Do?
While millions of lower-income Americans will be struggling to find a job or get enough hours to pay the bills, Obama won’t have to worry when he's out of office.
The Pilgrims Embraced Bernie Sanders' Economic Plan And Almost Died
When the Pilgrims landed at Plymouth, they tried to infuse socialism onto a capitalist model—or what we might call the Bernie Sanders economic plan. After just a few years of Bernie-nomics, the colonists—those who survived, anyway—recognized their mistake and changed course.
The Minimum Wage and the Entitlement Mentality
Minimum wage increases, like welfare benefits, expand the entitlement mentality.
If Donald Trump Becomes President, 6 Stocks to Buy
If Donald Trump were successful, multinationals like Apple, Google, they wouldn't have to try to use the tax system to hide their profits in other countries, IPI's Merrill Matthews tells The Street's Emily Stewart.
Don't Bother with myRA
Today, the Treasury Department rolled out the new myRA retirement accounts with almost no fanfare. And it’s easy to see why: The myRA is a retirement savings policy embarrassment.
You Can't Believe China's Government Data
For all its pretense to want to join the developed countries as an economic equal, China has never learned the lesson that competition, transparency and the rule of law lay the foundation for prosperous economies — and good business relations.
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