Peter Morici
Columns by Peter Morici
Biden’s hypocrisy on addressing homelessness
Homeless encampments under interstate overpasses and in other public spaces in our cities create the appearance of a new epidemic, but homelessness has been endemic to urban life for nearly two centuries. Published September 5, 2023
Americans should brace for permanently high interest rates
Recent economic news has been good at raising optimism about a soft landing and speculation about where interest rates will ultimately settle. Published August 29, 2023
Big government threatens U.S. dollar’s global status
The United States prints the world's money, and Western sanctions are teaching Russia and Iran some hard lessons, because foreign banks and nonaligned governments have found it costly to run afoul of our Treasury. Published August 22, 2023
A third-party candidate could become president
August is a great time for columnists to float fanciful ideas. The news cycle slows, vacationing readers have more patience. Enter a third-party candidate for president. Published August 15, 2023
U.S. must isolate China and continue to expand industrial and trade agreements
President Biden's industrial and trade policies have proved to be a lightning rod. Published August 8, 2023
Strict curbs on artificial intelligence would hurt striking writers and actors
Hollywood actors and writers are striking an industry in crisis. The dilemmas all face are a dress rehearsal for how Americans will cope with the growing gig economy and artificial intelligence. Published August 1, 2023
How to invest in a high-inflation, high-interest-rate environment
The Federal Reserve has pushed interest rates to their highest level in two decades. The relevant investing question is not how high those will go, but where interest rates will settle once the Fed is done. Published July 25, 2023
Whether decoupling or de-risking, trading with China will remain perilous
Presidents Trump and Biden don't share a lot in terms of style or substance, but in two areas, continuity prevails: a commitment to limiting the risks of doing business with China and a suspicion of unmanaged, market-driven globalization. Published July 18, 2023
Biden-Powell economic policies continue to fail
Inflation is proving one tough dragon to slay. Published July 11, 2023
Failing to back NATO membership for Ukraine, U.S. cedes Pacific to China
The United States is dangerously close to ceding the Pacific and global economic leadership to China by not providing Ukraine with adequate long-term security commitments and weapons to dislodge the Russian army. Published July 4, 2023
Americans will rue the day Fed paused interest rate increases
The Federal Reserve's pause in interest rate increases opens the door to stagflation. Published June 27, 2023
Biden debt ceiling deal boots fiscal crisis to the next president
The recent agreement to suspend the debt ceiling until 2025 was a political win for President Biden -- it burnished his image as a bipartisan dealmaker -- but it's an economic disaster. Published June 20, 2023
Biden’s protectionism drives emerging economies into China’s hands
America, NATO and our Pacific allies have been dragged into a new era of hostility with a loose alliance of autocratic states: China, Russia, North Korea, Iran and perhaps now Saudi Arabia. Published June 13, 2023
Biden reelection bid in trouble, but GOP hopefuls offer little challenge
Measured by legislative accomplishments, President Biden is the most successful president since Ronald Reagan, but he faces skeptical voters in his bid for reelection. Published June 6, 2023
Putin has made rules giving him best chance of winning in Ukraine
The Ukrainian army is about to launch its counteroffensive to take back territory in the east and south and cut off Crimea from occupying Russia. Published May 30, 2023
Don’t panic about China’s or America’s falling birthrates
China shocked the world earlier this year with news its population fell in 2022, For the first time since the Maoist famines, deaths outnumbered births and the headcount slipped by 850,000 to a mere 1.41 billion. Published May 23, 2023
Powell’s risks of pausing interest rate increases too soon
Earlier this month, Federal Reserve policymakers again raised interest rates but indicated they are prepared to pause any further tightening. Published May 16, 2023
Biden’s industrial policy will create bureaucratic morass
It's long overdue, but America has a 21st-century industrial policy. Unfortunately, it could do more harm than good. Published May 9, 2023
Leveraging European markets to end war in Ukraine and ease tensions over Taiwan
The United States needs detente with China in the Pacific -- lest the new Cold War morph into a kinetic conflict over Taiwan and control of the maritime commerce through the vital South China Sea. Published May 2, 2023
Tougher bank regulations won’t head off next financial crisis
The Silicon Valley Bank collapse has provoked the usual caterwauling about bank regulation. But tougher rules could do more harm than good and likely won't avert the next crisis. Published April 25, 2023
