Peter Morici: Biden’s deficits are creating a sugar-high economy
Democrats' ambitious plans collide with reality of supply constraints, higher costs, and reduced incentives to invest.....»»
Peter Morici: Biden’s immigration reforms won’t address critical needs, or roots of social unrest
The economy needs more high-skilled foreign workers, not more competition for low-skilled native-born citizens.....»»
Peter Morici: It’s time to toss the unwieldy income tax and replace it with something far simpler
A fair and simple value-added tax would solve a lot of the federal government's financing problems with less distortion to the economy.....»»
Peter Morici: The one thing Biden misses with his semiconductor war with China
Biden understands that chips are the crucial technology, but he doesn't get how dangerous Xi is.....»»
Peter Morici: Biden’s multilateralism invites conflict with China
Multilateralism and diplomacy are tools of statecraft, not ends in themselves, and they may invite aggression or capitulation......»»
Peter Morici: Biden’s progressive agenda will harden post-pandemic social divisions
Democrats will spend a lot of money, but the economic and political problems that divide this nation will fester.....»»
Peter Morici: Inflation may be on Biden’s plate sooner than he thinks
Printing more money during a supply shortage tends to set off a self-perpetuating cycle of inflation......»»
US jobless claims decline to a still-high 900,000 as Biden inherits faltering economy
The government said that 5.1 million Americans are continuing to receive state jobless benefits, down from 5.2 million in the previous week. That signals that few.....»»
Peter Schiff Exposes America"s Dysfunctional Economy
Peter Schiff Exposes America's Dysfunctional Economy Via SchiffGold.com, Peter Schiff appeared on the Lions of Liberty podcast with Marc Clair to look back at the Trump economy and ahead to what the Biden years might bring. Along t.....»»
Peter Morici: Biden’s defense and economic teams aren’t ready to battle China
China’s hardening nationalism and global ambitions are the most significant foreign policy challenges facing President-elect Joe Biden, but his top defense and economic appointees will require a lot of on-the-job training......»»
Peter Morici: Here’s exactly where Biden will find common ground with moderate Republicans
While we have been fighting among ourselves about the face of the future, China and others have been embracing it......»»
Peter Morici: Trade will be the toughest test for Biden’s foreign policy
At best, the U.S. and China are in a stalemate and at worst, we could be pulled into a ruinous confrontation that establishes China as the pre-eminent power in the Pacific......»»
Peter Schiff: The Fed Can Never Take The Easy Money Drug Away
Peter Schiff: The Fed Can Never Take The Easy Money Drug Away Via SchiffGold.com, The Federal Reserve is creating a massive amount of money out of thin air and injecting it into the economy. Pretty much everybody believes this.....»»
Peter Morici: A truncated recovery for the economy, but stocks will do better because bigger companies will thrive
Don’t expect a V-shaped recovery but prospects for stocks are better than for the overall economy......»»
Peter Morici: Congress should send everyone a $1,200 check every month
Massive fiscal stimulus is needed to save the real economy......»»
Peter Morici: How Trump could outflank Biden and win re-election
Trump needs to expand his appeal beyond disaffected blue-collar workers. Paradoxically, if he looks to the disappointed among Sanders’s base, he could still win......»»
Peter Morici: Trump’s campaign may be banking too much on a strong economy
President Donald Trump is counting on a strong economy to propel his re-election, but this economic optimism ignores increasingly tough structural challenges and creeping decadence......»»
Peter Morici: For stocks and the economy, welcome to the Roaring Twenties
The stars are aligning for a roaring decade for the economy and stocks, writes Peter Morici......»»
The economy is expanding. Why are economists so glum?
Underlying their sense of foreboding is a widespread sentiment that the current expansion is built on a potentially shaky combination of high deficits and low interest rates — and when it ends, as it is bound to do eventually, it could do so painfully......»»
Peter Morici: What Trump needs to do next to earn an ‘A’ in economics
The economy is growing, but addressing problems plaguing the middle class will be critical to President Trump’s re-election prospects.......»»
Peter Morici: Don’t miss out on another banner year for stocks
The U.S. economy is strong and stable and poised to continue growing in 2020, which should give stock investors another banner year, writes Peter Morici......»»