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.
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.
Tax Competition is a Virtue
The United States should not to try to stifle international tax competition, but rather should get back in the game by lowering business tax rates and freeing U.S. businesses to compete internationally.
The Fed's New Effort to Calm Inflation Fears: Print Money and Borrow It
If more cash is the key to getting the economy moving, there is a better way than the Fed's proposal of "sterilized bond buying." Instead, allow companies to repatriate the estimated $1.5 trillion U.S. dollars sitting in foreign bank accounts.
Who Is the Pig at the Trough of Energy Tax Breaks?
Acting Out on ACTA
ACTA should be judged on its merits, not on some false illegitimate-process charge created by opposition activists. And its merits are many.
How the Chevy Volt Is Like ObamaCare
How are they alike? Well, both were sold as a key to creating jobs and economic growth. So how is that working out for you?
Obama's Blocking Energy Production
Romney's Income Tax Rate Should Be Zero
A Wasteful Spender Demands More Tax Money to Waste
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