Peter Morici Archive
Published October 09, 2013
Spending less on non-debt service items would not rock financial markets unless the president tables a plan to do the reasonable -- live within the nation’s means.
Published October 08, 2013
Abandoning debt ceiling discipline, as many in the financial community suggest, to let Congress to spend as it pleases would be the peak of folly.
Published October 01, 2013
President Obama, as much as House Republicans, shut down the government. He is not willing to compromise on just about any issue, leaving the GOP with no other options.
Published September 26, 2013
Although Americans will be without coverage, too many voters will depend on federal subsidies or Medicaid, and simply won’t vote to give up those entitlements.
Published September 20, 2013
The U.S. economy has unaddressed woes that neither President Obama and his liberal friends nor Speaker Boehner and his Tea Party rebels are willing to admit or address.
Published September 16, 2013
In a globalized economy, America has to play its strengths, but during the Obama recovery the international trade deficit has nearly doubled.
Published September 01, 2013
President Obama exacerbated near term fears by first vacillating after Syrian President Assad crossed his red line, and then asking Congress to vote on military action.
Published August 29, 2013
When it comes to the GDP and the strength of the US economy continued slow growth in consumer spending tells us that household balance sheets have not strengthened enough to instigate more robust growth in the second half of 2013.
Published August 08, 2013
President Obama wants to get private banks back into the mortgage business and require shareholders to shoulder risks the government now bears, but he won’t admit that in today’s economy mortgages are simply too risky for private investors.
Published August 02, 2013
Overall, the number of jobs in America may be up but for most working families and recent college graduates the employment situation is grim.