Peter Morici
Columns by Peter Morici
Biden’s morning after the elections hangover will a be a headache for the Fed
Joe Biden fancies himself a transformational president like FDR but behaves like a throwback from big-city political machines. Published October 25, 2022
Lack of thoughtful leadership destroying the world economy
Federal Reserve Chairman Jerome Powell and Bank of England Gov. Andrew Bailey are burdened by stubborn inflation and national governments either too woke or unimaginatively conservative. Published October 18, 2022
Biden undermining Federal Reserve’s efforts to curb inflation
Federal Reserve Chairman Jerome Powell has gone to considerable effort to convince observers that he will raise interest rates as much and as long as necessary and risk a recession to bring inflation under control. Published October 11, 2022
GOP candidates need to focus on the economy, inflation and the border crisis
The midterm elections are quickly becoming a tragedy of lost opportunity for the Republicans in a year that was ripe for huge gains. Published October 4, 2022
Federal Reserve still not doing enough to fight inflation
The Federal Reserve is not doing enough to fight inflation. Published September 27, 2022
Voters do not want Biden or Trump in 2024
Presidents Joe Biden and Donald Trump would not be the most attractive choices for 2024. Published September 20, 2022
Biden’s student loan forgiveness threatens America’s economy and democracy
President Joe Biden's student loan forgiveness has attracted criticism from the left and right, but few express the menace it poses to economic stability and constitutional order. Published September 13, 2022
Time for Biden to start working with both sides of the aisle
If President Joe Biden wants to be reelected, he had better figure out how to work with Republicans in Congress. Published September 6, 2022
If America refuses to lead globalization, China will
Skeptics are criticizing western sanctions on Russia and COVID inspired hardening of supply chains, as nails in the coffin of globalization, but don't count on it. The only question is who leads. Published August 30, 2022
Biden’s CHIPS and Inflation Reduction Act will boost inflation and slow growth
Democrats heading into midterms can tout President Biden's green energy and health care legislation and the CHIPS Act. But these forays into industrial policy will stoke inflation and slow capital formation and growth. Published August 23, 2022
Why Biden’s inflation is seemingly uncontrollable
The Federal Reserve and the Biden administration are in a treacherous period. Published August 16, 2022
Powell’s soft landing vs. recession is irrelevant
The economy is slowing, and inflation continues to impose unrelenting pain on working- and middle-class Americans. Published August 9, 2022
It’s high time for Republican hopefuls to challenge Trump
Las Vegas bookmakers are offering good odds Republicans will win both the House and Senate, but after those victories, what can they do? Published August 2, 2022
Biden is too ‘woke’ even for Democratic voters
President Biden is in deep trouble within his own party. In a recent New York Times/Siena College poll, 61% of Democrats indicated they would prefer a different standard-bearer in 2024. Published July 26, 2022
Powell’s fool’s journey chasing inflation
Curing inflation with a get-tough monetary policy alone is like trying to fix an antique Swiss watch with one hand. Published July 19, 2022
Supreme Court putting America back on track
The hard left has gone hysterical about recent Supreme Court rulings. Like former President Donald Trump and Stacey Abrams, it can't bear losing. Published July 12, 2022
Biden must abandon his white glove Russia policy in Ukraine
Accomplishing America's legitimate objectives in Ukraine will require a radical adjustment in U.S. and European policy. Published July 5, 2022
Soft landing for the economy still possible
Federal Reserve Chair Powell now recognizes accomplishing a soft landing will be difficult, but a lot will depend on Americans' tolerance for inflation above 2%. Published June 28, 2022
Managing the work from home rebellion
American businesses are ordering, cajoling and even bribing workers to return to their offices, but fear, pleading and free food don't stack up against some cold realities. Published June 21, 2022
To keep peace in the Pacific, we need to win in Ukraine
President Biden's recent statement that the United States would intervene militarily if China tries to take Taiwan by force was hardly a gaff. Published June 14, 2022