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.
Elements of a Republican Reform Agenda
Powerpoint presentation given by IPI President Tom Giovanetti to the North Texas Strategy & Victory Conference in Grapevine, Texas on September 27, 2014.
Saving Our Savings
To save our savings, government needs only to get out of the way.
Democrats' Failed Election Strategies Just Keep Coming
Consider some of the themes Democrats bragged would hammer Republicans and help Democrats retain control of the U.S. Senate.
Why Has the Left Become So Outraged Over Low-Wage Jobs?
Low-wage jobs in a free market are not a bad thing, they are necessary to allowing unskilled workers to get a job.
Standard of Living Improves Thanks to Skilled Immigrants
Skilled immigrants are good for the economy and for your pocketbook.
Will Conservatives Make the Same Mistake Obama Has Made?
Reports say some conservatives want to pit low-income workers against immigrants by saying the later take U.S. jobs. A better political strategy is to outline a pro-growth economic agenda that creates jobs for all workers.
Obama's Honor-nomics
President Obama’s complete inability to pass liberal legislation that actually works—or now to pass any legislation at all—has driven him to rely on the honor system in the hope that people will do the right thing in several policy arenas.
So Much for the European Model
Americans in almost every income class are better off than their European counterparts.
The Corporate Tax Mess Is Worse than You Thought
Focusing on our too-high corporate tax rate doesn’t tell the whole story—our corporate tax code also imposes enormous compliance costs on the U.S. economy.
Did Ending Long-Term Unemployment Benefits Grow the Workforce?
The Obama administration wants to continue extending unemployment benefits; Republicans stopped them and—surprise!—now more Americans are reentering the workforce.
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