Peter Morici

Latest News

Europe Must Drop the Euro, Germany Abandon Mercantilism

Europe faces yet another recession, and the prospect is shaking global financial markets. To eliminate the persistent threat of collapse, Europe must drop the euro, and Germany must abandon mercantilism. Oct 20, 2014 7:13 AM PT

Jobs and Obama’s Political Woes

Despite another seemingly good jobs report, President Obama’s approval rating is lower than a snake’s belly, and Republicans could retake the Senate in November. Oct 6, 2014 6:51 AM PT

Five Reasons Americans Can’t Find Jobs

Friday, the Labor Department is expected to report the economy added about 215,000 jobs in September, about half of what is needed each month to bring unemployment down to pre-financial crisis levels. Oct 1, 2014 12:39 PM PT

Five Forces That Will Shape the 21st Century

President Obama recently proclaimed climate change, more than any issue, will define the contours of the 21st Century. Powerful men searching for legacy often evoke grand challenges and personal solutions, but climate change is only one of several forces that will make civilization different 100 years from now. Sep 29, 2014 6:44 AM PT

Bombing ISIS Isn't Enough

President Obama’s vow to destroy ISIS rings hollow and sets the course for another American misadventure. Along with allies in Europe, the Middle East, and Asia, he refuses to grasp that security can’t be purchased on the cheap. Sep 11, 2014 8:04 AM PT

Ouch, the Bill for ObamaCare Coming Due

The bill is coming due for ObamaCare and it’s a whopper. According to Medicare Care’s own actuaries, U.S. health care spending is about to skyrocket. Sep 8, 2014 6:53 AM PT

Political Corruption Slows Growth, Kills Jobs

This Friday the Labor Department is expected to report the economy added 230,000 jobs in August. The pace has picked up a bit but is still far less than needed to reemploy all the prime aged workers displaced in the wake of the financial crisis. Sep 3, 2014 6:56 AM PT

Obama’s Anti-Business Tax Agenda Chasing Burger King to Canada

Burger King’s effort to acquire Tim Horton’s, a Canadian purveyor of coffee and doughnuts, is a good business decision, but its choice to locate corporate headquarters north of the border would be the direct result of President Obama’s anti-business tax policies. Aug 26, 2014 6:47 AM PT


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