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.
Coalition Letter Advocating Transparency and Oversight of Coronavirus Stimulus Spending
Bipartisan groups lay out principles for transparency and oversight of coronavirus stimulus spending.
A Better Solution to the Covid-19 Economic Crisis
This plan delivers the right amount of aid to the right people, and minimizes the eventual drain on taxpayer dollars.
Free-marketeer: Better Than a Stimulus Plan
Trump's Desire to Reopen the Country by Easter May Not Be Far-Fetched
There are reasons to hope this crisis may pass sooner and with less economic and human damage than we are being led to believe.
Less Stimulus, More Overdraft Protection
This proposal would get substantial help directly to the people and businesses who need it, while minimizing the drain on the federal budget—unlike most of what’s being considered in Washington.
"Stimulus" Is the Wrong Paradigm
Recession and economic stimulus is the wrong paradigm for the current situation. That hasn’t stopped many of our conservative friends from turning to the tried-and-true solutions of tweaking tax incentives, which don’t directly address the problem.
What Comes AFTER a Payroll Tax Cut?
Maybe it’s time for policymakers to start focusing on real structural reforms that result in long-term prosperity, instead of constantly relying on short-term fixes.
Make Business Expensing Permanent
How, exactly, do tax cuts stimulate economic growth? By encouraging businesses to invest.
Two Cheers for Trump's Budget and a Big Boo for Democrats' Response
A step-in-the-right-direction budget—if the reality matches the rhetoric, which it often doesn't.
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