Peter Morici

Latest News

State of the Union and Crafting a Winning GOP Strategy

President Obama, dogged by the bungled rollout of the Affordable Care Act and a slow economic recovery, is declaring war on inequality. An age-old problem made worse by his policies, he offers more opiates—like raising the minimum wage—that fail to address the root causes of vanishing opportunities and falling incomes for most Americans. Jan 28, 2014 11:14 AM PT

What President Obama Doesn’t Get About Inequality

Inequality is President Obama’s highest priority, but his solutions are wholly naive. Disparities between rich and poor are as ancient as civilization, but in modern democracies, this condition is exacerbated by globalization and technologies that drive it. Jan 21, 2014 12:00 PM PT

World Economic Forum and Income Inequality

Income inequality is a terribly complex issue, and for generations, economists have grappled with its causes and consequences, which feed on each other. In modern times, inequality has been caused, primarily, by two factors: globalization, the technologies that drive it, and well-meaning government policies that address symptoms rather than the structural problems that cause and exacerbate inequality. Jan 18, 2014 1:50 PM PT

Fixing Inequality

Inequality is replacing the American dream, because the U.S. economy--thanks to Washington’s mismanagement--is underperforming. Jan 15, 2014 9:07 AM PT

Hard Data: Jobs Market Unchanged, Analysts Flack for White House

The jobs market is not shifting into high gear, as some analysts have suggested, and the disappointing December jobs report, standing alone, means nothing. The labor market continues to move along much as it has for the past two years. Hiring is too slow to really dent unemployment. Jan 13, 2014 1:48 PM PT

Economy Adds Only 74,000 Jobs in December

The economy created only 74,000 jobs in December, well below the 2013 average of 188,000. The Labor Department report indicates stronger growth for the coming year predicted by many economists may not materialize. Jan 10, 2014 6:34 AM PT

Trade Deficit Continues to Drag Recovery

On Tuesday, the Commerce Department is expected to report the deficit on international trade in goods and services was $40.0 billion in November, up from $24.9 billion when the economic recovery began. Jan 6, 2014 12:32 PM PT

Standing Strong for America in 2014

The U.S. economy is gaining strength, but the ObamaCare train wreck, festering problems in far away China, and uncertain leadership at the Federal Reserve could derail the recovery. No small courage will be required for good sense to finally restore American prosperity. Dec 30, 2013 9:38 AM PT

ObamaCare's Broken Promises, Obama's Broken Second Term

Thanks to the Affordable Care Act, President Obama has lost credibility as a leader and effective executive with most Americans. A good CEO must work within the strengths and limitations of his organization—then execute effectively to deliver on the promises he makes. Dec 16, 2013 10:24 AM PT

ObamaCare: Echoes of Stalinism Past

D-Day arrived for ObamaCare Saturday and began with an 11 hour shutdown of problem plagued website intended to provide easy access to affordable insurance for millions of Americans. Dec 3, 2013 2:59 PM PT

Economy Adds 204,000 Jobs in October

The Labor Department reported the economy created 204,000 jobs in October after adding 163,000 jobs the prior month. This is much better than was expected but still well below what is needed to bring unemployment down to acceptable levels. Nov 8, 2013 6:35 AM PT

Republicans: Rework ObamaCare to Win Elections

Republicans should stop cheering for ObamaCare to fail. It may be dreadful, but going back to what we had before is not possible. The real political hay is to be made improving the law to lower prices and premiums--details Democrats forgot. Nov 4, 2013 12:21 PM PT

ObamaCare Flimflam Exploited Gullible Voters

Outrage about and millions losing health plans should scare the wits out of liberals. With enough money, the morass can be fixed, but it lay bear the limits of tax and spend to buy voter allegiance. Oct 31, 2013 4:21 PM PT

Eurosclerosis Comes to America

Abroad and at home, President Obama with unprincipled pragmatism is undermining America’s most cherished values, economy, and liberties. Oct 28, 2013 9:31 AM PT


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