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.
Chairman Pai's Proposed Auction Is Law and Good Policy
Perhaps the day will come when a new process could supplant the FCC-led public auction process for re-purposing spectrum. But this aspiration for long-term spectrum policy is not the world we have today.
Why is Texas Acting Like a Blue State and Trying to Stop T-Mobile-Sprint Merger?
Texas should be leading the fight to increase competition in the wireless space, not acting as a roadblock to the will of the free market.
Does the Bible Teach Socialism? Yes, Say the Democrats
Democrats increasingly defend their embrace of socialism by claiming the Bible teaches it.
Don't Cut the Payroll Tax, Unless...
A temporary cut in payroll taxes creates a unique opportunity to implement one of our favorite pro-growth policy ideas—personal retirement accounts.
The Recession Threat Is Real
President Trump and administration officials are downplaying fears of a recession. While a recession isn't imminent, the threat is very real.
Our Own Private Theranos
The licensing of intellectual property is put at risk by absurd outcomes like the HouseCanary verdict.
Back to the Slow-Growth Economy
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.
Is Sen. Bernie Sanders Dooming His Presidential Campaign by Embracing Socialism?
Sanders’ reluctance to denounce authoritarian socialists, both now and in the past, is characteristic of the widespread speak-no-ill-of-socialists mentality.
Biggest Threat to America? Democrats Wrongly Pin Blame on U.S. Corporations
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.
The Socialist Pattern
Matthews said that socialists have a pattern of reluctance to criticize other socialists who had governments, regardless of how aggressive and tyrannical they are.