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.
Trump Announces New Economic Advisor
“With the departure of Gary Cohn, many were concerned that an important voice for free markets would be missing from the administration,” stated Merrill Matthews, a scholar at the conservative Institute for Policy Innovation. “Appointing Larry Kudlow should relieve those fears.”
Trump names Larry Kudlow as Top Economic Adviser
Conservative free trade groups praised the move. “With the departure of Gary Cohn, many were concerned that an important voice for free markets would be missing from the administration,” said Merrill Matthews, a scholar at the Institute for Policy Innovation. “Appointing Larry Kudlow should relieve those fears.”
Larry Kudlow Praised as Trump's Potential Top Economic Advisor
The Institute for Policy Innovation is praising the expected naming of CNBC commentator and analyst Larry Kudlow to replace Gary Cohn as President Donald Trump's chief economic advisor (head of the National Economic Council).
Kudlow Excellent Choice as Trump's Chief Economic Advisor
President Trump has made a wise selection by appointing CNBC contributor, TV and radio host Larry Kudlow, whose creed is “free market capitalism is the best path to prosperity,” to be his chief economic advisor as head of the National Economic Council.
The Trump Conundrum
Trump can have a strong, growing economy, or he can reduce the trade deficit, but historically it is very unlikely he can do both.
Republicans Leerier of Trump's Tariffs than Democrats
"Even if one agrees that U.S.-made steel must be protected, the problem is that imposing large tariffs gives a green light to every other company or industry hoping to use government power to protect it from competition," IPI resident scholar Merrill Matthews said. "They will now descend on Washington, checkbook in hand. That's the swamp, or what's known as 'crony capitalism.'"
Whose Crumbs?
Nancy Pelosi isn’t the only one who is out-of-touch and doesn’t understand economics.
IPI Joins Coalition Letter to President Trump Urging Reconsideration of Aluminum and Steel Tariffs
On behalf of the undersigned groups representing millions of taxpayers and consumers across the country, we urge you to reconsider the tariffs on aluminum and steel announced on March 1, 2018.
Tariffs Don't 'Drain the Swamp,' They Are the Swamp
Opening the door to tariffs means that every company and industry that can't or won't compete will head to Washington, checkbook in hand, hoping to use the power of government to protect them.
Tax Cuts Are Empowering the American Worker
Republicans’ Tax Cuts and Jobs Act stands as the most sweeping and comprehensive tax reform in the past 30 years. Tom Giovanetti, president of the Institute for Policy Innovation, a public policy research organization, writes, “President Trump has already done more to grow the U.S. economy than the last four presidents and 28 years combined.”
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