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.
Expressing Concerns about S. 2992, the "American Innovation and Choice Online Act"
Senator Klobuchar’s bill is a very dangerous assault on the traditional consumer welfare standard the United States has wisely embraced during the past several decades.
Mitch McConnell Should Win 2021's 'Politician of the Year'
McConnell got done what needed to be done—and with less drama than we’ve seen in the House. He limited the fiscal and political damage Biden’s agenda could have caused, and he bought some much-needed time on fighting Build Back Better.
Manchin's 'Intervention' May Have Saved the Democratic Party--For Now
Manchin demonstrated that a “moderate” Democrat can still make a difference and may have reduced the hit Democrats will likely take in the 2022 midterms.
Liberal Economists Got the Memo: Build Back Better Couldn't Possibly Worsen Inflation
Democrats are on a mission to dispel any notion that massive new government spending in their Build Back Better bill will let roaring inflation out of its decades-old cage.
Big CEOs for Big Government and Big Mandates
Bank of America's CEO wants the government to mandate green energy projects so big investors can pump in money and make out like bandits.
Biden's Policies Are Creating Jobs--For Robots
There has been a long-running concern that robots will eventually take the jobs humans could and wanted to do. It may turn out that in the Biden era, robots are simply taking the jobs humans choose not to take.
Takeaways from Giveaways
Democrats hope that their massive federal spending spree would buy them votes. But it looks like all they're buying is voter anger.
Coalition Urges Senate Republicans to Reject Democrat Antitrust Trap
Coalition letter in opposition to the Senate Democrat plans to pass a package of European-style antitrust regulations.
Jeopardy: This Country Is Intent on Imposing a Communist Vision
President Biden's and President's Xi's visions and policy proposals are amazingly similar, which says more about the U.S. than China—and not in a good way.
The $3.5 Trillion Tax and Spending Proposal Will Hurt the Economy and Our Politics
You shouldn’t be able to ram through massive policy changes without a solid mandate from the voters, which Democrats definitely do not have.
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