Peter Morici

Stocks offer refuge in an age of inflation, deficits and policy drift

The Federal Reserve had few good choices when deciding to cut interest rates yet again. Published December 23, 2025

AI spending frenzy tests the limits of stock market discipline

Stock market gains are fueling wealthy consumers, investments in artificial intelligence and economic growth. Published December 16, 2025

Trump’s affordability crisis

Last month, Democrats won races for governor in Virginia and New Jersey and mayor in New York City by hammering "affordability." Published December 9, 2025

Federal Reserve should not lower interest rates

After cutting interest rates in September and October, the Federal Reserve should pause rate cuts at its December meeting. Published December 2, 2025

Prosperity without workers: The AI paradox shaping Trump’s economy

The economy is growing, but jobs are harder to find. Published November 25, 2025

Trump’s trade reset exposes Europe’s hypocrisy on free markets

President Trump is redefining the bargain between America and its allies by radically altering post-World War II Western security arrangements. Published November 18, 2025

AI may be killing jobs; will it pay off?

The U.S. employment market is the doldrums. Published November 11, 2025

University leaders are foolish to reject Trump’s compact

University leaders are foolish to reject President Trump's offer of a dialogue about improving performance, campus environments and confidence among the public at large. Published November 4, 2025

America’s white-collar recession

The U.S. economy is in a tougher spot than when President Trump returned in January. Published October 28, 2025

Washington’s debt addiction leaves Federal Reserve with no good choices

Congress established the Federal Reserve to manage our money with near-parental authority, and it's high time for the institution to exercise that authority. Published October 21, 2025

Judging Trump’s economy: Let voters decide in 2026 midterm elections

President Trump and congressional Democrats are sending similar messages about the economy. Published October 14, 2025

Trump’s economy teeters between revival and recession

President Trump faces an economy on tenterhooks, with both inflation and unemployment worsening. Published October 7, 2025

$100,000 for a H-1B visa might be more reasonable than you think

President Trump is radically altering the nation's employment-based immigration system by imposing a $100,000 fee for H-1B visas and creating a $1 million "Trump Gold Card" for other visas. Published September 30, 2025

Dismal jobs reports may be the new normal

Most observers were shocked by the anemic August jobs report, but it may be the new normal. Published September 23, 2025

Powell’s Fed trapped between Trump’s interest rate demands and inflation reality

Federal Reserve policymakers are in a tough spot as they meet this week. Published September 16, 2025

Moderate Democrats face tough challenges rebranding the party

If Zohran Mamdani is elected mayor of New York, he will put the city at loggerheads with the abundance movement. Published September 9, 2025

More apprenticeships, smarter immigration policy would boost Trump economic plan

President Trump has radically altered federal policy for promoting economic growth. Published September 2, 2025

Trump’s tariffs won’t push the economy over a cliff

The U.S. economy is enduring a challenging year but isn't going over a cliff. Published August 26, 2025

Republicans should not cheer New York’s turn to socialist Mamdani

Republicans would be wrong to celebrate the rise of Zohran Mamdani, a socialist and likely next mayor of New York City, as a gift to campaign against. Published August 19, 2025