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.
Don't Mourn for the Payroll Tax Cut
It’s good news that a payroll tax cut has been dropped from discussion about further Covid-19 economic relief. There are far better ways to provide relief and to attempt economic stimulus.
Coalition Letter Regarding CARES Act Benefit Expiration
While originally intended to provide additional upport for families and businesses complying with government-mandated economic restrictions to address COVID-19, the policy of providing supplemental unemployment insurance has stifled our nation's recovery and is keeping Americans from returning to work.
Relief, Stimulus, and the Right Kind of Stimulus
Any new legislation designed to mitigate the continuing impact of the Covid-19 pandemic should contain both relief and stimulus measures, and full business expensing is an excellent candidate for the stimulus part of the package.
Joe Biden's 'Buy American or Else' Proposal
Democrats have long criticized President Trumps' economic policies, yet Joe Biden is now plagiarizing some of them—and making them worse.
How Trump Can Get His Mojo Back
In this op/ed written for The Hill, the author offers some key points that could impact the election.
Bring American Medical Manufacturing Back Home
Important legislation has been proposed that would encourage medical and pharmaceutical manufacturing to relocate to the U.S. by providing potent tax incentives instead of threats of government force.
Look Who's Politicizing Economic Revival
The job of economic recovery is critical, and the American people are counting on Congress and the Fed to get it done without a political agenda.
Don't Use Pandemic Dollars to Push Political Agenda
Having already entrusted the Fed with hundreds of billions of taxpayer dollars to buy up corporate debt, Congress must insist that the debt purchases be made for exclusively economic reasons.
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