Peter Morici
Columns by Peter Morici
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
Managing inflation, industrial policy are key to fighting inequality
The economy is on a tear, but how well it addresses the salient issues of the era depends on how much the Federal Reserve tolerates surging inflation and how Congress reworks President Biden's infrastructure plan. Published April 26, 2021
Living in the emerging COVID-19 netherworld of vaccines, lethal variants and normalcy
Americans should brace for a netherworld between the pandemic and normalcy. COVID-19 won't last forever, but making vaccines available to all adults is no silver bullet. Published April 18, 2021
Tax reform to attack inequality and finance the Biden agenda
President Biden is under intense pressure from progressives to raise taxes on more prosperous Americans and corporations. Published April 7, 2021
Democrats’ guaranteed annual income plans will define the 2022 midterms
Bernie Sanders has won the day -- a guaranteed annual income, a wealth tax however disguised, national health insurance and the like will define the midterms Published April 1, 2021
How Biden’s economy will hand Congress back to the Republicans
President Biden scored a political victory with the passage of the American Recovery Act (ARA) -- despite Republican protestations, the $1.9 trillion package enjoys 75% public approval. Published March 23, 2021
Joe Biden’s war on the working class
President Biden offers himself as champion of the working class and minorities, but his policies will leave more jobless and enable Donald Trump or another populist from the right in 2024. Published March 16, 2021
Tracking Biden’s semiconductor war with China
President Biden has identified semiconductors as ground zero in economic and strategic competition with China and is seeking a Western alliance to secure that industry. Published March 11, 2021
Biden missing his moment to boost U.S. growth
President Biden is squandering the opportunity to make the investments necessary to boost longer-term growth. Published March 8, 2021
Biden’s foreign policy invites Chinese aggression
President Biden wants the world to know America is back, prepared to lead and committed to shared goals, multilateralism and diplomacy. All this could end worse than America First. Published February 24, 2021
