Peter Morici

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AP Photo/Pablo Martinez Monsivais

Moderate Muslims, Obama Failing to Counter Terrorist Recruitment

Fighting racism, prejudice, and the violence those can beget is everyone’s job. Muslims would do well to respond to President Obama’s invitation to combat extremist ideas in their communities, but too often Washington’s broader policies toward minorities encourage just the opposite.
Europe Greece Flags Athens

Greek Revolt Long Overdue

The newly elected Greek government is quite correct to eschew austerity and seek reductions in what it owes northern European governments. The Euro is punishing the South, and solving Mediterranean states’ chronic financial problems would require moving some industry from the North to the South. More austerity would only bleed the patient further.
REUTERS/MARK MAKELA

As Economy Slows, Fewer New Jobs

The economy added 257,000 jobs in January, down significantly from the 324,000 fourth quarter average monthly gain. Overall, the economy is creating jobs, but lower oil prices and a strong dollar are slowing the pace.
AP Photo/Charles Dharapak

America’s Second Age of Pericles

Reading the president’s State of the Union and Budget Message, Americans are on the cusp of the second Age of Pericles. The economy is booming and with new taxes on the wealthy and free community college for all, lasting prosperity can be assured.
Flickr Creative Commons / Kathryn Decker

Getting the Couch Potatoes Back to Work

In 2014, GDP growth bounced back in the spring and summer from a tough winter, but in the fourth quarter, it fell off to 2.6 percent. History indicates the country should be doing a lot better—simply, too many prime working-age Americans are despondent and have permanently dropped out of the workforce.

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