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.....»»

Category: topSource: marketwatchMay 26th, 2021

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.....»»

Category: topSource: marketwatchMar 11th, 2021

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.....»»

Category: topSource: marketwatchMay 1st, 2021

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.....»»

Category: topSource: marketwatchApr 15th, 2021

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......»»

Category: topSource: marketwatchMar 17th, 2021

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.....»»

Category: topSource: marketwatchMar 8th, 2021

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......»»

Category: topSource: marketwatchFeb 22nd, 2021

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.....»»

Category: topSource: chicagotribuneJan 21st, 2021

Peter Schiff Exposes America"s Dysfunctional Economy

Peter Schiff Exposes America's Dysfunctional Economy Via, 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.....»»

Category: worldSource: nytJan 6th, 2021

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......»»

Category: topSource: marketwatchJan 6th, 2021

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......»»

Category: topSource: marketwatchDec 24th, 2020

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......»»

Category: topSource: marketwatchDec 15th, 2020

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, 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.....»»

Category: blogSource: zerohedgeMay 7th, 2020

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......»»

Category: topSource: marketwatchMay 4th, 2020

Peter Morici: Congress should send everyone a $1,200 check every month

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

Category: topSource: marketwatchApr 6th, 2020

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......»»

Category: topSource: marketwatchMar 23rd, 2020

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......»»

Category: topSource: marketwatchMar 2nd, 2020

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......»»

Category: topSource: marketwatchJan 13th, 2020

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......»»

Category: topSource: bizjournalsJan 9th, 2020

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.......»»

Category: topSource: marketwatchJan 6th, 2020

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......»»

Category: topSource: marketwatchDec 30th, 2019