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.
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.
Rescue Consumers from Internet Tax Now
The number of working days remaining in the current congressional session, is quickly dwindling. On the must-do list should be protecting the Internet from multiple or discriminatory taxes, a process Congress began in 1998.
Deja 2000: Has the U.S. Been in a Technology Bubble That Just Burst?
The tech bubble of the late 1990s was fueled by an economy that embraced the optimism, so both fell hard and at the same time. The recent tech-stock sell off never got widespread economy buy-in because it's still struggling under President Obama's economic policies. That means the tech sell off is probably more a correction than a bubble that just burst.
Extend, Then Reform
Pass the tax extenders and then let's get serious about fundamental tax reform.
Time to Exit the Export-Import Bank
The Export-Import Bank is a crony capitalist institution that distorts our export markets with a backstop of taxpayer guarantees. Congress should phase out the Export-Import Bank and eliminate the potential for yet another taxpayer bailout.
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