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 Isn't Looking for a Reason to Support Keystone, but to Oppose It
The media act like the new State Department report gives President Obama cover to approve the Keystone XL pipeline, but it’s clear he is looking for a reason to reject it.
Your MyRA, My PRA
With a couple of tweaks, the President’s MyRA proposal can become the Personal Retirement Account conservatives have championed for 30 years.
Conservatives Should Know It Takes Big Government to Stop Free Trade
Some conservatives face a dilemma: They don’t like free trade, but trade, including with other countries, is what free people naturally do. And the only way to limit that freedom is with a big, interventionist government, which conservatives have always opposed.
Minimum Wage: Will An Increase Affect Your Growth?
Although economists believe that raising the minimum wage hurts young and low-skilled workers by pricing them out of a job, the move has public support.
The "least productive Congress" is a badge of honor
A "do nothing" Congress is probably a constitutional Congress.
LAMBRO: Obama's sequestration alarmism was dead wrong
President Obama's bogus promises are legendary, but perhaps you've forgotten his "sky is falling" forecast about the sequester. Tom Giovanetti points out the economy added about 1 million new jobs over the period during which the sequester was supposed to cost 750,000 jobs.
The Kind of Tax Reform We Don't Need
The benefits to our economy of reducing the corporate tax rate and moving to a territorial system are indisputable for individuals, small business and large corporations alike.
Sequester Budget Cuts Helped, Not Harmed, The Economy
President Obama's bogus promises are legendary, but perhaps you've forgotten his "sky is falling" forecast about the sequester. Tom Giovanetti points out the economy added about 1 million new jobs over the period during which the sequester was supposed to cost 750,000 jobs.
Minimum Wage Laws Should Be a State Issue
Minimum wage legislation is bad policy and counterproductive. But if politicians are going to impose a minimum wage, it should be done at the state level.
State of the Union Preview
President Obama will deliver his State of the Union Address on January 28, and will likely begin by stressing that the economy continues to improve. But at least one economic dark cloud looms: the debt ceiling.
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