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.
Comparing Obama's Policies with French Socialist Hollande
Obama economic policies are almost identical to those of the French socialist François Hollande. Those policies haven’t worked in Greece or in any other place where they’ve been tried — like the U.S.
What's Apple To Do?
It should NOT surprise us that innovative companies find ways to solve the problems created by our tax code.
Consolidation Nation: Under Obama, Big Is the New Normal
By injecting politics and regulation into the financial and health care sectors, the president is killing the innovation and competition that occur in markets that are easy to enter.
The Exception That Does Not Prove the Buffett Rule
A closer examination suggests that Buffett and his secretary present an exceptional and perhaps questionable anecdote rather than a pattern.
Obama's Love-Hate Relationship With Ben Bernanke
Pigs, or maybe Hogs, at the Government Feeding Trough
Rural telecommunication’s providers and their Capitol Hill protectors are seeking to postpone the FCC protections and may be looking to weaken consumer protections in the Farm Bill.
Time for Ex-Im to Ex-it
The Export Import Bank is an example of moral hazard, and the law of unintended consequences.
Obama's Energy Policy Schizophrenia
Did Dynamic Scoring Kill Last Summer's Budget Deal?
If Democrats think there is no connection between tax rates, government revenue and economic growth, there is little hope for the economy—until we get someone in office who does.
I'm Shocked: ObamaCare Costs More Than Promised
The CBO now claims that Obamacare will cost hundreds of billions of dollars more than originally predicted.
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