Peter Morici

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. Published 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. Published December 12, 2023

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

Stocks may be your best bet for retirement savings. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published 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. Published October 3, 2023

Biden’s economy is not enough to deliver White House to Trump

The economy and the polls have been delivering both good and bad news to President Biden lately, but Republicans have more to worry about than he does. Published September 26, 2023

The folly of Trump and Biden’s trade protectionism

Trade with China and tariffs will be central in the 2024 presidential campaign, and the destructive trade policies of President Biden and former President Donald Trump will invite Americans into a perilous fixation. Published September 19, 2023

Don’t cry for China’s collapsing economy

The Biden administration is getting smug and too worried about China's economy. Published September 12, 2023

Biden’s hypocrisy on addressing homelessness

Homeless encampments under interstate overpasses and in other public spaces in our cities create the appearance of a new epidemic, but homelessness has been endemic to urban life for nearly two centuries. Published September 5, 2023

Americans should brace for permanently high interest rates

Recent economic news has been good at raising optimism about a soft landing and speculation about where interest rates will ultimately settle. Published August 29, 2023

Big government threatens U.S. dollar’s global status

The United States prints the world's money, and Western sanctions are teaching Russia and Iran some hard lessons, because foreign banks and nonaligned governments have found it costly to run afoul of our Treasury. Published August 22, 2023

A third-party candidate could become president

August is a great time for columnists to float fanciful ideas. The news cycle slows, vacationing readers have more patience. Enter a third-party candidate for president. Published August 15, 2023