Peter Morici
Columns by Peter Morici
How inflation works against Biden
Inflation has come down, but not enough. President Biden does not get much love for that. Published February 20, 2024
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. Published February 13, 2024
Why Trump’s appeal endures
Progressives are aghast that former President Donald Trump may recapture the White House. Published 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. Published 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. Published 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. Published 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. Published January 9, 2024
The child care crisis that never happened
Nothing makes progressive journalists panic like an expiring federal government program. Published 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. Published 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. 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