Peter Morici

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Morici: Bull Market Has More Room to Run

The bull market has a lot more room to run. With the Trump Administration and GOP Congress deconstructing investment-killing business regulations and aiming to cut taxes, the economy is poised to grow faster, and new technologies will support higher valuations over the next several years

WASHINGTON, DC - FEBRUARY 02: (AFP OUT) U.S. President Donald Trump meets with executives and union representatives from the Harley Davidson company at the White House on February 2, 2017 in Washington, DC. At the end of the photo opportunity, Trump said 'nothing is off the table' in relation to …

Morici: How Trump Can Make the American Economy Win Again

Already President Trump is set to move decisively on the economy, but he must scale huge hurdles to accomplish 3 to 4 percent economic growth. Radical policy changes are required—tough to do even in this era of aggressive executive orders.

Donald Trump

MORICI: Trump’s Toughest Challenge—Revving Up Growth

Already President Trump is set to move decisively on the economy, but he must scale huge hurdles to accomplish 3 to 4 percent economic growth. Radical policy changes are required—tough to do even in this era of aggressive executive orders.

Republican presidential candidate Donald Trump has described climate change as a hoax perpetrated by China to gain competitive advantage in manufacturing over the US

Morici: Trump Must Prepare for Showdown with China

Donald Trump faces immediate challenges—managing the war against ISIS, fixing Obamacare and boosting growth to create jobs. However, as the fallout from his recent conversation with the president of Taiwan indicates, an increasingly assertive China poses the most vexing and far reaching challenges for American prosperity and security.

Obamacare enrollment (Justin Sullivan / Getty)

Morici: The Wheels Are Coming Off Obamacare

Obamacare is becoming a nightmare. Health insurance premiums will jump an average of 22 percent in 2017, and federal spending to assist moderate income families is spinning out of control.

Donald Trump

Morici: The Genius of Donald Trump’s Foreign Policy

The Republican Party foreign policy establishment has joined Democrats in roundly criticizing Donald Trump’s background and undiplomatic temperament. Nevertheless, Mr. Trump has laid bare flaws in policies of recent presidents that have undermined U.S. security interests and American prosperity.

Republican Presidential candidate Donald Trump speaks during an event at Trump SoHo Hotel, June 22, 2016 in New York City.

Donald Trump’s Challenge on Trade

To win the presidency, Donald Trump must overcome skepticism among many voters about his positions on free trade, immigration and many other issues. On trade, that is hardly an insurmountable task.

anxiety

Jobs Report Lays Bare Liberal Failures

To listen to President Obama, Americans live in a liberal paradise—a robust economy, 75 consecutive months of jobs growth, and a government aggressively promoting social justice.

Federal Reserve Chair Janet Yellen speaks during a press conference in Washington, DC, on March 16, 2016

Federal Reserve Should Focus on Inflation

The Federal Reserve has kept a watchful eye on labor markets but as it meets next week to chart interest rate policy, it would do well to recognize that inflation is heating up too.

AP Photo

Donald Trump Supporters Have Good Reason to Be Mad

Men supporting Donald Trump have reason to be mad as hell. The economy has turned against them, and policies advocated by Democrats and tolerated by mainstream Republicans make their circumstances worse.

Trump Supporters Pledge BRYNN ANDERSON AP

Blind to Facts, GOP Headed for a Disaster of Its Own Design

Donald Trump has emerged as the likely GOP nominee because on the great forces transforming America—globalization and immigration—establishment Republican leaders have turned a blind eye to the legitimate complaints of less-educated, often-rural white males who are amassing to Donald Trump.

Republican presidential candidate Donald Trump speaks at a rally at the South Point Hotel & Casino on February 22, 2016 in Las Vegas, Nevada.

Donald Trump’s Foreign Policy Makes Sense

Donald Trump could bring a welcome pragmatism to American foreign policy and something we have not seen in some time—prospects for genuine success.

Bernie Sanders

What I Like About Bernie Sanders

No doubt after losses in Nevada and South Carolina, Bernie Sanders faces a tough uphill battle for the Democratic nomination. But as an economic conservative, I urge Super Tuesday voters to give Bernie a closer look.

Janet Yellen

Federal Reserve Could Push Economy into Another Recession

Washington policymakers—and their colleagues abroad—have pursued reckless and irresponsible economic policies. The chickens are coming home to roost, and the Federal Reserve could easily push America into another recession.

Donald Trump

How Donald Trump Could Become President

Convincing victories by political outsiders in New Hampshire demonstrate without doubt most voters are disgusted with both political parties. The electorate will probably make one of them—more likely Donald Trump—the next Commander in Chief.