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.
Democrats increasingly defend their embrace of socialism by claiming the Bible teaches it.
President Trump and administration officials are downplaying fears of a recession. While a recession isn't imminent, the threat is very real.
The licensing of intellectual property is put at risk by absurd outcomes like the HouseCanary verdict.
The economy is doing well, just not as well as we thought—or hoped. If Trump plans to run for reelection on a record of strong economic growth, he needs to resolve some lingering issues.
Sanders’ reluctance to denounce authoritarian socialists, both now and in the past, is characteristic of the widespread speak-no-ill-of-socialists mentality.
While Democrats may think big corporations killed the American Dream, millions of Americans seem to think that large corporations have made the American Dream possible.
Matthews said that socialists have a pattern of reluctance to criticize other socialists who had governments, regardless of how aggressive and tyrannical they are.
Plans for a privately financed, high-speed rail line between Houston and Dallas are being challenged by members of the Texas State Legislature, landowners along the proposed route, and some transportation researchers.
Toyota stock may struggle in the near future as the company decides to dramatically crank up its electric vehicle production.