Peter Morici

Biden’s tax plan would torpedo growth, hurt low-income Americans

Joe Biden captured the Democratic nomination with strong support from party elders earned by running as a moderate. Once nominated, he embraced more radical ideas from rivals like Bernie Sanders to unify his party.

November 9, 2020

House Democrats go too far in wanting to persecute Big Tech

House Democrats are on the warpath -- Facebook, Amazon, Apple and Google (FAAG) are the targets.

November 4, 2020

With President Biden, Europe and America would continue to drift apart

Europe and America are like an estranged couple -- love lost and the premise for the marriage fading into memory. Europeans may cheer a Biden victory, but it won't remove irreconcilable differences and dysfunctions.

October 28, 2020

Stick with stocks through the contested election

Investors should look beyond the turmoil of the next few months and stick with stocks.

October 19, 2020

High unemployment and inflation will challenge Fed and the next president

Whether it's President Trump or Joe Biden, the White House -- and Federal Reserve -- face another tough year in 2021.

October 12, 2020

Getting America back to work as COVID-19 pandemic lingers

It's high time to fully reopen the American economy, but that requires more than the Federal Reserve printing money to finance business debt and government deficits.

October 5, 2020

Accurate vote count before Electoral College convenes is in serious jeopardy

America may well be headed for electoral chaos and not since the contested election of John Quincy Adams in 1824 could the resolution be so divisive.

September 30, 2020

Why Trump should be reelected

The president's primary responsibilities are to protect national security and enable inclusive prosperity. Mr. Trump's record and Biden's facile vision make the incumbent the better choice.

September 23, 2020

America’s broken unemployment insurance program

The nation's unemployment insurance system is broken. The Financial Crisis and COVID-19 made painfully clear that it poorly serves our front-line workers and inadequately boosts consumer spending during recessions.

September 15, 2020

Massive federal deficits risk America’s financial independence and dollar’s global dominance

Federal Reserve Chairman Jerome Powell recently announced with much fanfare that the Federal Reserve would tolerate periods of inflation above 2% to compensate for failing to reach that target much of the last two decades.

September 7, 2020

Social Democrat Joe Biden holds private enterprise with contempt

Joe Biden, like European Social Democrats, makes few bows to the mandates of the marketplace.

September 1, 2020

Democrats verbally pummel Postmaster General Louis DeJoy for no good reason

The U.S. Postal Service is a vital institution but hardly healthy, and the election-year histrionics are demagoguery.

August 27, 2020

DOJ and FTC must stop Big Tech companies from censoring speech

Our tech companies and other businesses are under intense pressure from the organized left and indirectly from investment banks and major corporations that now set themselves up as arbiters of acceptable free speech.

August 19, 2020

Creating paths to better jobs for struggling working class critical for Trump’s reelection

President Trump can win reelection but lighting a path for the unemployed, young people and minorities to decent jobs is critical.

August 12, 2020

Balancing an on-site and virtual workforce in the post COVID-19 world

COVID-19 has disrupted work for most folks like no event since the mechanization of agriculture or Henry Ford's moving assembly line, but it's not terribly novel.

August 4, 2020

Time for Americans to have an honest conversation about race

A terrible malignancy grips America -- universities, public intellectuals and the media are imposing a heresy on our citizens, and cynical CEOs kowtow to protect corporate brands.

July 27, 2020

More economic aid needed now to avert America’s COVID-19 jobs crisis

The economy could accomplish a full recovery within a few years, but policies to address the COVID-19 have been shortsighted.

July 20, 2020

How U.S. can win the Cold War with China

America is in a Cold War with China and winning will require more from Americans than the contest that forced the collapse of the Soviet Union.

July 11, 2020

Fed should plan for increased inflation now

Congress and the Trump administration deserve kudos for quickly providing stimulus totaling $3.6 trillion. Conservatives may worry about skyrocketing interest payments on the debt, but inflation will be the bigger problem.

July 5, 2020

Investors that stick with stocks will be rewarded as economy reopens

The challenges imposed by social distancing in businesses and telecommuting leave little doubt the economy will be radically different going forward, but for ordinary investors -- saving for retirement and college tuition -- stocks remain the cornerstone of a sound strategy.

June 27, 2020