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.
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.
As Americans Go to the Polls, What Do the Polls Say About America?
A new Politico poll shows that Americans are concerned about what Democrats want them to ignore, and don't care about want Democrats want to stress.
As Capital Flees, England Is Texas, and the U.S. Is California
When Toyota announced that it was moving from California to Texas, everyone understood why. Because of its high taxes and regulations, California ranks among the worst states in the nation in which to do business. Of greater concern is the fact that the same thing is going on at the national level.
Obama can help fill the jobs during energy boom
Thousands of high-paying, blue-collar jobs are begging for skilled workers thanks to the U.S. energy boom. If President Obama really wants to be helpful, there are a couple of things he could do.
If Emma didn't only look to the left, she'd see young people can be priced out of work
The Australian cites Merrill Matthews: "There is an identifiable correlation between minimum wage increases and rising youth unemployment."
Fiddling While Capital Flees
In a free society, capital can flee hostile policies, and today capital is fleeing to avoid America’s exorbitant business tax rates while our politicians do nothing about it.
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