Peter Morici

Stagflation will be Biden’s legacy

My inbox is stuffed with articles about the prospects for stagflation, but slow growth and runaway prices are descending on America right now.

June 7, 2022

Biden’s infrastructure package delivers too little bang for the buck

President Biden has called the $1.2 trillion Infrastructure Investment and Jobs Act a "monumental step" that will create millions of jobs.

May 31, 2022

High inflation becoming permanent

Americans should gird for a long, tough battle with inflation.

May 24, 2022

Alito abortion decision may not be so earth shattering

Much that has been said and screamed from congress and on the streets about Justice Alito's draft opinion striking down the constitutional right to an abortion is either false or misleading.

May 17, 2022

Powell is fighting inflation with a pea shooter

The Federal Reserve is getting serious about inflation -- but hardly serious enough.

May 10, 2022

Why Biden needs some Republicans in his Cabinet

The Russian invasion of Ukraine laid bare NATO's weaknesses and the failure of free trade to enable secure borders and prosperity.

May 3, 2022

Improving the lot of low-skilled workers

Wars, pandemics and recessions shake up businesses and labor markets.

April 26, 2022

A crisis in Supreme Court appointments is coming

If the Republicans win the Senate, it could instigate an overdue crisis in judicial appointments.

April 19, 2022

America’s national interests require tolerating some bad actors around the world

The loadstar of American foreign policy should be the security of our citizens and assets abroad, national prosperity and promoting human rights.

April 12, 2022

The effects of a permanent daylight saving time

Americans are tired of losing sleep.

April 5, 2022

This is not your father’s Cold War

In the Eisenhower-Khrushchev era, the West, Russia and China lived in rigidly separated economic spheres.

March 29, 2022

Why voters are so unhappy with the economy and Biden

Americans have good reason to be unhappy with President Biden -- the economy stinks.

March 22, 2022

Team Biden is not up to defending America

History will mark the Russian invasion of Ukraine as the moment hopes for a peaceful democratic world died.

March 15, 2022

The religion of the left catches Biden in a web of failure

President Biden governs by political tropisms -- not great vision. That was on full display at the State of the Union address last week.

March 8, 2022

Powell should target long rates to fight inflation

The Federal Reserve is about to get some tough lessons in economics -- about inflation, interest rates, overly aggressive environmental policy, labor markets and inequality and stock prices.

March 1, 2022

Why Biden’s transformational presidency is failing

President Biden's transformational presidency is unraveling.

February 22, 2022

Biden wants to turn Fed into a sandbox for woke policies

President Biden wants to radically change the Federal Reserve to be more pro-inflation and a sandbox for woke industrial policies with his four choices for the Board of Governors.

February 15, 2022

A GOP platform for the midterms

Republicans are in great shape for the midterm elections, but they're quarreling about how to run.

February 8, 2022

Fed’s planned tightening hardly enough to beat inflation

In March, the Federal Reserve will likely start raising interest rates--perhaps three or four quarter-point steps over nine months. That's hardly enough to bring inflation down to 2%.

February 1, 2022

Step into virtual reality and the metaverse with caution

Ever since humanity achieved consciousness, it's pined to travel through space and time -- to beam up as in "Star Trek" and accomplish an earthly presence after death.

January 25, 2022