Browse by Media Hit and Economic Growth

According to IPI, even though the unemployment rate has gone from 7.8 percent to just under 0.05 percent, the labor participation rate also dropped — from 65.7 to 62.8 percent, a level not seen since March 1978. Meanwhile, the gross domestic product growth has nearly stalled.

Trump's tax plan is one of the most dynamic and pro-growth tax plans out there, says IPI's Merrill Matthews to TheStreet. Trump’s plan includes business taxes capped at 15 percent, which could boost business investment and help grow the economy.

"By moving their small cars to Mexico, which has skilled but cheaper labor, Ford hopes to break-even or make a little profit off them," explains the Institute for Policy Innovation's Merrill Matthews. (He notes that tax policy and climate change rules are also pushing Ford out of the U.S.)  

For now, both candidates appear happy to peddle a re-packaged version of President Obama’s job-killing agenda. 

Tom Giovanetti at the Institute for Policy Innovation says Obama is the first president in U.S. history not to have at least one year in office with a national GDP growth rate of at least 3 percent.

Presumptive Republican nominee Donald Trump’s trade policy speech this week was misleading on the actual state of U.S. trade, a scholar with the Institute for Policy Innovation said in a Rare op-ed published on Friday.

"Dear GOP delegates: You cannot nominate someone who endorses these positions," Tom Giovanetti, the president of a free market think tank, tweeted, adding, "Trump would turn the Republican Party into the party of economic know-nothings."

Both parties’ front-runners in the race for the presidency say they’ll grow the economy, but their plans differ. So from your wallet’s point of view, who’s better for you?

While Obama can talk the bark off a banyan tree, he cannot make Americans hallucinate prosperity. Obama is the only U.S. chief executivein history not to preside over even one year with 3 percent GDP growth, as the Institute for Policy Innovation’s Tom Giovanetti observes.