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.
Why Are Companies Hoarding Cash?
There’s an enormous supply of cash that could be put to work in the economy. It dwarfs the size of any stimulus plan fantasized about by the wildest of Keynesian cheerleaders. But this administration just doesn’t get it.
Has the Last Edifice to the Liberal Vision Just Collapsed?
Liberals have to point to impending catastrophes if they want public buy-in for their agenda. President Obama has disproved most of their predictions, and now their last, best catastrophe may be evaporating.
The truth about wages: Obama's economy
The left and “progressives” love to blame wage stagnation on greedy businesses wanting to gobble a larger share of the pie. But it's actually a product of businesses' uncertainty about taxes, regulations and employee-benefit costs — which the Obama administration has exacerbated.
The Recent Decline in Wages Is a Result of Obama's Economic Policies
Real average wages have declined over the past four years and the reason is simple: Companies facing Obama’s regulatory and tax onslaught are reluctant to invest and hire.
Success-ter
The dreaded and feared sequester has been a success. Policymakers should add blunt tools like the sequester as a backstop into every future fiscal agreement.
A Permanent Ban on Discriminatory Internet Taxes
Obama Needs to Know Why Small Businesses Will Hire and Invest Next Year
A survey of small businesses say they plan to hire and invest next year, but it’s not because of something President Obama did, but what he didn’t do.
Believe It! Democrats Once Demanded Tax and Spending Cuts
After President John F. Kennedy failed to cut income tax rates, President Lyndon Johnson and Virginia Democrat Harry Byrd successfully pushed through the 1964 cuts in personal and corporate income tax rates.
Coalition Letter to Congress Regarding U.S. Sugar Policies
IPI joins with the American Conservative Union and other free market advocates urging a halt to all market-manipulating sugar policies world wide.
Obama Likes Temporary Infrastructure Jobs, Except When He Doesn't
President Obama wants to spend federal money on more infrastructure projects that he says creates good jobs; so why not approve the Keystone XL pipeline which will create infrastructure jobs without spending taxpayer money?
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