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.
Obama SOTU Tax Plan Targets Job Creators
President Obama will outline a plan to raise $320 billion in new taxes on the job-creating class in tomorrow’s State of the Union address.
A Truer Value of Art and Culture
We all benefit when artists and creators invent, write, film and imagine. It’s also true that we all lose when piracy, whether via hacking or other means, is left to run rampant.
The Duplicity of Employers Who Support Minimum Wage Increases
When the CEO of Starbucks backs a minimum wage increase you have to ask yourself whether it's because he's compassionate (with other employers' money) or he's just looking to stifle competition from lower-cost competitors.
Obama And His Policies Have Been A Boon To Temporary Workers
Well, at least one industry is thriving under Obamacare: companies that provide temporary services.
A Post 9/11 Priority for Lame Duck Congress
An important issue that has been under the radar is reauthorization of the Terrorism Risk Insurance Act (TRIA), which backstops private insurance companies in case of catastrophic terrorist attack.
Solving the H1B Visa Impasse
How about a market mechanism that would determine once and for all not only who is right, but that would determine what the market-clearing price for skilled immigrant labor actually is, informing future immigration policy formation?
If You Do Not Currently Live In A Red State, You Probably Will Soon
Voters around the country are concluding “it’s better to be red than dead”—applying a whole new, and much better, meaning to an old phrase.
All Quiet, Too Quiet, In Allocation Nation
IPI's Merrill Matthews analyzed 2013 Census Bureau data and Affordable Care Act figures and concluded that about 52 percent of American households receive benefits from one or more government programs. These figures cut through Democratic spin and make clear that a majority of American households do not pay anywhere near their pro rata share of government spending. This has important implications for both public policy and politics.
Lego My LEGOs
Environmentalists and other liberal groups are attacking good corporate citizens in an effort to get those companies to embrace their agenda. If the companies cave in to those tactics, that only emboldens the groups to go after even more.
Obama Wants You To Stop Believing Your 'Lying Eyes'
The American people strangely seem to put more faith in their lying eyes on at least three issues.
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