Peter Morici

America could repeat Japan’s lost decade

Poisoned politics that beget dysfunctional government policies could cast the U.S. economy into an abyss like the one that swallowed Japan.

February 13, 2024

Why Trump’s appeal endures

Progressives are aghast that former President Donald Trump may recapture the White House.

February 6, 2024

Tumultuous economic change coming as COVID recedes

A new economy is emerging as COVID recedes. Gross domestic product and job growth are slowing as pandemic-era savings run down.

January 30, 2024

Accountability is needed to fix our broken schools

Too many high school and college graduates can't think or do. They are the victims of a culture of mediocrity created by elected officials, teachers unions, university presidents and school principals.

January 23, 2024

Federal Reserve should wait to lower interest rates

The news on inflation has been good lately, but the Federal Reserve should resist the temptation to reduce interest rates prematurely.

January 16, 2024

The dystopia of Biden’s ‘woke’ progressive movement

Progressives are aghast. Populists have won elections in the Netherlands and Italy and are ascending in Germany. Despite indictments in three states and D.C., former President Donald Trump leads President Biden in the polls.

January 9, 2024

The child care crisis that never happened

Nothing makes progressive journalists panic like an expiring federal government program.

January 2, 2024

A new realism for American foreign policy: How to address world imperatives

America navigates a perilous world that challenges what should be the central goals of American defense and foreign policy.

December 26, 2023

Biden’s failures mean he gets little credit for the positive state of the economy

The post-pandemic American economy is the bright star on the global stage, yet President Biden gets little credit and could lose his job in the 2024 election.

December 19, 2023

Biden’s China policy smells of bad judgment, weakness and appeasement

Presidents Biden and Chinese President Xi Jinping had their summit, and Beijing got what it needed: time to put its economic house in order and continue an aggressive military modernization.

December 12, 2023

A return that beats inflation: Betting on stocks to finance your retirement

Stocks may be your best bet for retirement savings.

December 5, 2023

America needs a better president to remain a superpower

The only way for America to start winning again is to it become a respectable sovereign again.

November 28, 2023

U.S. erroneously believes trade with China would encourage democratic reform

Multinational business leaders, international civil servants, journalists and mainstream economists are bewailing deglobalization and the erosion of the trading system enabled by the World Trade Organization.

November 21, 2023

Bonds are still good for your retirement and college savings

Stocks and bonds have taken a drubbing lately, and many people who manage investments for their retirement are questioning some ancient advice -- placing 60% in equities and reserving 40% for bonds.

November 14, 2023

‘Bidenomics’ is a bust, and even Democrats don’t want him to run again

The economy is improving, but President Biden doesn't get much credit. Now it appears that could be enough to cost him his job.

November 7, 2023

Why a 5% 10-year Treasury rate and big deficits are so menacing

Since midsummer, interest rates have been surging. This will have painful implications for the sustainability of federal spending -- particularly on entitlements and defense - -and the vitality of the economy.

October 31, 2023

Getting U.S. trade with China right

American policy toward China is 80% correct, but in the other 20% lies America's great vulnerability.

October 24, 2023

The Fed’s quest for a soft landing

The Federal Reserve is trying to catch a unicorn by maintaining interest rates just high enough to bring inflation down to 2% without instigating a recession and painful levels of unemployment.

October 17, 2023

Fiction writers are wrong in demanding control of and compensation for artificial intelligence

Fiction writers are in an uproar about artificial intelligence creating new competition. They want large language models to either stop training on their work or for writers to be paid royalties.

October 9, 2023

As Fed hesitates, Americans heading for more inflation

Federal Reserve Chairman Jerome Powell is trying to thread a needle -- tame inflation that peaked at 9.1% in June 2022 while avoiding an economic slowdown.

October 3, 2023