Peter Morici: Biden’s deficits are creating a sugar-high economy

The economy needs more high-skilled foreign workers, not more competition for low-skilled native-born citizens.....»»

A fair and simple value-added tax would solve a lot of the federal government's financing problems with less distortion to the economy.....»»

Biden understands that chips are the crucial technology, but he doesn't get how dangerous Xi is.....»»

Multilateralism and diplomacy are tools of statecraft, not ends in themselves, and they may invite aggression or capitulation......»»

Democrats will spend a lot of money, but the economic and political problems that divide this nation will fester.....»»

Printing more money during a supply shortage tends to set off a self-perpetuating cycle of inflation......»»

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 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.....»»

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......»»

While we have been fighting among ourselves about the face of the future, China and others have been embracing it......»»

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 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.....»»

Don’t expect a V-shaped recovery but prospects for stocks are better than for the overall economy......»»

Massive fiscal stimulus is needed to save the real economy......»»

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......»»

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......»»

The stars are aligning for a roaring decade for the economy and stocks, writes Peter Morici......»»

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......»»

The economy is growing, but addressing problems plaguing the middle class will be critical to President Trump’s re-election prospects.......»»

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......»»