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.
Jobless rate masks troubles
Merrill Matthews tells reporter Michael Kanell a larger workforce itself adds to the economy's potential.
Not a Great Strategy
Having both the highest national debt and the highest corporate tax rate among our competitors is not a very competitive strategy for the future.
Liberal governors bankrupt their states just like Obama bankrupts the country
Fiscal restraint and energy production are the best way to fiscal health.
A Closer Look at Unemployment Numbers for Minorities and Youth
If employers won’t hire teenagers at $7.25 an hour, the current minimum wage, will they be more or less willing to hire them at $10.00?
Republicans Get Painful News on Brand Problem
“A growing number of conservatives, and especially tea partyers and libertarian-leaning Americans, have decided that their commitment is more to ideology than political party,” said Merrill Matthews of IPI. “And while they will likely vote Republican in most elections, they have become dissatisfied with the Republican label because they don’t think it stands for — or too often strays from — principled conservatism.”
Obama Wants to Extend the Longest Extension of Unemployment Benefits in History
Democrats are pushing Republicans to pass yet another extension of the unemployment benefits, but the long-term unemployed are a result of Obama’s bad economic policies and extending benefits only provides him with political cover from those bad policies.
Other Comments: The Empire Strikes Back
After years of watching companies flee the country, the UK has begun aggressively reforming its corporate tax code. Meanwhile, the 40% U.S. corporate tax rate remains the highest in the world.
Obama's Quest To Increase Income Inequality - Starting With The Minimum Wage And Obamacare
Obama's policies have been a disaster for low-income and low-skilled workers, which is why their unemployment rate is so high. And now, in the name of reducing income inequality, he would make millions of Americans even poorer.
In Trying to Smear ALEC, Wash Post Liberal Gets It Wrong
If the People's Republic of China can attend an ALEC task force meeting and make a presentation about economic reform, how secretive can it be?