Peter Morici
Columns by Peter Morici
Managing inflation, industrial policy are key to fighting inequality
The economy is on a tear, but how well it addresses the salient issues of the era depends on how much the Federal Reserve tolerates surging inflation and how Congress reworks President Biden's infrastructure plan. Published April 26, 2021
Living in the emerging COVID-19 netherworld of vaccines, lethal variants and normalcy
Americans should brace for a netherworld between the pandemic and normalcy. COVID-19 won't last forever, but making vaccines available to all adults is no silver bullet. Published April 18, 2021
Tax reform to attack inequality and finance the Biden agenda
President Biden is under intense pressure from progressives to raise taxes on more prosperous Americans and corporations. Published April 7, 2021
Democrats’ guaranteed annual income plans will define the 2022 midterms
Bernie Sanders has won the day -- a guaranteed annual income, a wealth tax however disguised, national health insurance and the like will define the midterms Published April 1, 2021
How Biden’s economy will hand Congress back to the Republicans
President Biden scored a political victory with the passage of the American Recovery Act (ARA) -- despite Republican protestations, the $1.9 trillion package enjoys 75% public approval. Published March 23, 2021
Joe Biden’s war on the working class
President Biden offers himself as champion of the working class and minorities, but his policies will leave more jobless and enable Donald Trump or another populist from the right in 2024. Published March 16, 2021
Tracking Biden’s semiconductor war with China
President Biden has identified semiconductors as ground zero in economic and strategic competition with China and is seeking a Western alliance to secure that industry. Published March 11, 2021
Biden missing his moment to boost U.S. growth
President Biden is squandering the opportunity to make the investments necessary to boost longer-term growth. Published March 8, 2021
Biden’s foreign policy invites Chinese aggression
President Biden wants the world to know America is back, prepared to lead and committed to shared goals, multilateralism and diplomacy. All this could end worse than America First. Published February 24, 2021
Biden forcing hard-left economic agenda risks social chaos
The Democrats appear intent on risking social chaos to accomplish their socialist goals. Published February 16, 2021
Biden and Democrats’ unwanted immigration reforms only harvest Hispanic voters
President Biden's recent executive orders and proposed immigration reforms are his down payment on an open border. Published February 11, 2021
How Biden can fight America’s three-front war
Americans may not want a civil war, but they are standing in the middle of one. Published February 8, 2021
Biden raising the minimum wage will not lessen income inequality
President Biden wants to raise the minimum wage to at least $15 an hour, but this is hardly the best way to lessen income inequality. Published January 30, 2021
Inflation could prove Biden’s toughest economic challenge
Inflation may soon rear its ugly head, and President Joseph R. Biden and Federal Reserve Chairman Jerome Powell will find it more difficult to control than their spending plans and recent ruminations indicate. Published January 25, 2021
Joe Biden must find America’s lost soul
Joe Biden's biggest problems are not China's quest for empire, an overtaxed infrastructure or the wave of Central Americans marching to our southern border. It's America's lost soul . Published January 19, 2021
Now Biden has to match Trump’s economic record
President Biden faces a tough challenge: The COVID-19 recession permanently downsized whole swaths of the economy. Published January 18, 2021
Biden’s virtual inauguration is an eerie prophecy for a fading America
There was something eerie about a virtual inauguration even before the chill of violent Capitol Hill protests. Published January 13, 2021
A three-part strategy to help Biden restore the American economy
Thin majorities in Congress offer President-elect Joe Biden the opportunity to be bold. He can challenge moderate Republicans to support programs that would boost jobs and incomes. Published January 11, 2021
Investing money in a post-pandemic Biden era
We face a tough COVID-19 winter as supply chain bottlenecks slow vaccine rollouts, urban centers remain virtual ghost towns and the disaffected and jobless express outrage with demonstrations and dumpster fires. Published January 7, 2021
Fixing Section 230: Twitter, Facebook and social media should be legally part of the public square
Too often Internet platforms violate our privacy, arrogantly regulate speech and abuse monopoly power, but it is important to recognize what are and are not problems. Published January 6, 2021