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.
We've Crossed The Tipping Point; Most Americans Now Receive Government Benefits
Obamacare has pushed us over the entitlements tipping point.
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With Ex-Im, Congress Should be Pro-Market, not Pro-Business
Free market means opposing crony capitalism rather than defending it.
The Growing Income Inequality That Apparently Doesn't Exist
President Obama claims that income inequality has been growing dramatically. But government statistics show that there has been very little increase, indicating the issue may be more political than real.
U.S. Manufacturing Making a Comeback
Manufacturing has been growing stronger thanks to the U.S. energy boom and a steady supply of inexpensive natural gas.
Top Tax Friendly States for your Middle Market Business - Does your State Make the Cut?
The NCMM survey says the top destinations for middle market businesses are Texas and Florida.
Lift H1-B Cap
A new study from academic economists at Colgate University and UC-Davis shows wages rise fastest in U.S. cities with the greatest influx of highly skilled immigrants.
Worried about Inequality? Then Focus on Helping the Poor, not Punishing the Rich
Merrill Matthews of the Institute for Policy Innovation makes a powerful case for Social Security reform.
Who's Up For An Obama Recession?
Don’t look now but the country may be headed into a recession.
What's Wrong with the Middle Class? Uncertainty, Taxes and Low Growth
Given the years of handwringing and little in the way of results, one might believe the reason the middle class is under greater stress is a mystery, but in fact the reason is clear.
If Income Inequality Is Caused By The Lack Of Wealth, Then Help Workers Create Wealth
Replacing Social Security’s financially struggling system with personal retirement accounts would create real wealth for millions of working Americans.
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