Peter Morici
Columns by Peter Morici
Biden’s shameful exit from Afghanistan
In Afghanistan, Americans are taking a terrible humiliation, but the United States and our allies face greater dangers if we take the wrong lessons from this debacle. Published August 31, 2021
Western droughts imperil the nation’s food supply
The American West is witnessing a climate disaster. The 21-year drought is the second-worst since the year 800. Published August 24, 2021
The politically influenced Federal Reserve is decadent
The Federal Reserve has become a decadent institution. If it does not scale back easy-money policies soon, Americans risk a deep recession or at least stagflation. Published August 17, 2021
Critical race theory undermines America
America and China are engaged in an epic struggle that will determine the survival of democracy. Published August 10, 2021
Powell risks 1970s inflation to keep his job
Chairman Powell appears bent on risking 1970s-style inflation to win favor with President Biden and a second term. Published August 3, 2021
The U.S. should rejoin the Trans-Pacific Partnership
If American wants to remain the most technologically advanced nation on the planet, then-President Biden should rejoin the Trans-Pacific Partnership. Published July 27, 2021
Democrats will never let a good crisis go to waste
Every great crisis elicits a massive expansion of government -- wars, crop failures, financial meltdowns, and pandemics threaten security, public health, and livelihoods. Published July 20, 2021
America’s educational system ignoring skill-sets employers need
Americans still believe hard work is critical to success but is it enough? Published July 13, 2021
Fixing Biden’s fix for the capital gains tax
President Biden wants to raise taxes on capital gains but if he is serious about competing with China in high-tech industries, then he should change his thinking. Published July 6, 2021
Moderate Biden force-feeding the nation with woke ideas
President Biden repeatedly tells us he is creating a government that looks like America, but he is not seeking to govern as Americans think. Published June 29, 2021
Don’t believe Biden’s Fed about inflation
The Fed has convinced itself and financial markets the recent surge in prices is temporary. That forecast is politically expedient -- it's in line with President Biden's budget. Published June 22, 2021
Acknowledging America’s baby drought
Policymakers rightly worry about COVID-19's negative impacts on women in the workplace, but the pandemic has accelerated even more threatening consequences for the economy. Published June 16, 2021
Biden’s budget would turn America into a pizza dough republic
Joe Biden ran on a platform to Build Back Better -- strengthen the economy and apply the dividend to social justice and equity issues -- but it seems he's given up on making America more competitive and adopted the Italian playbook -- borrowing to buy off a restive left with social programs. Published June 8, 2021
Inflation threatens because the Federal Reserve is inept and corrupt
President Biden's budget deficits threaten to ignite the kind of inflation that followed the Vietnam War, and Fed Chairman Jerome Powell is happy to enable it. Published June 3, 2021
Riding the recovery with stocks
With inflation surging and speculation that the Federal Reserve could soon push up interest rates, ordinary folks saving for long-term goals should consider how resilient equities proved to be during the pandemic and stick with stocks. Published June 1, 2021
Biden’s half measures won’t do for U.S to compete with China
China and the United States are engaged in a great struggle -- economic, diplomatic and ultimately military -- that will determine the survival of democracy. Published May 26, 2021
Republicans need another Contract with America
The GOP faces an uphill battle to take back Congress in 2022. Published May 18, 2021
Biden’s corporate and capital gains taxes are jobs killers
President Biden's taxes may be great politics but are lousy economics. Published May 12, 2021
Joe Biden’s sugar-high economy should raise alarm
President Biden is betting big government can boost long-term growth and vanquish inequality and racism. Published May 5, 2021
Biden’s woke economics will lead to disaster
Mr. Biden's expansive economic programs seems likely to put annual federal borrowing at twice that level after the pandemic is over. Published April 28, 2021