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					All items from Peter Morici]]></title>
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					All items from Peter Morici]]></description>
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<title><![CDATA[Eurozone in Longest Recession on Record]]></title>
<link><![CDATA[http://www.foxbusiness.com/markets/2013/05/15/eurozone-economy-shrinks-in-1q-core-still-struggles/]]></link>
<pubDate><![CDATA[Wed, 15 May 2013 07:18:42 EDT]]></pubDate>
<description><![CDATA[The 17-member currency bloc's economy contracted slightly more than economists forecast in the first quarter.]]></description>
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<title><![CDATA[Better Employment Picture Not a Game Changer]]></title>
<link><![CDATA[http://www.foxbusiness.com/government/2012/11/02/better-employment-picture-not-game-changer/]]></link>
<pubDate><![CDATA[Fri, 02 Nov 2012 16:47:55 EDT]]></pubDate>
<description><![CDATA[The economy added 171,000 jobs in October. That was up from 148,000 in September, but hardly enough to bring unemployment down to acceptable levels.]]></description>
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<title><![CDATA[Why the Unemployment Rate Jumped]]></title>
<link><![CDATA[http://www.foxbusiness.com/economy/2012/08/03/unemployment-rises-hundreds-thousands-quit-looking/]]></link>
<pubDate><![CDATA[Fri, 03 Aug 2012 09:02:11 EDT]]></pubDate>
<description><![CDATA[The unemployment rate rose to 8.3%, even as 348,000 workers quit looking for work and were no longer counted in the official jobless tally.]]></description>
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<title><![CDATA[Bernanke is Bluffing: Fed Powerless to Avert Recession]]></title>
<link><![CDATA[http://www.foxbusiness.com/economy/2012/08/01/bernanke-is-bluffing-fed-powerless-to-avert-recession/]]></link>
<pubDate><![CDATA[Wed, 01 Aug 2012 15:41:33 EDT]]></pubDate>
<description><![CDATA[Economics professor Peter Morici says the Fed’s bullets are spent and the U.S. economy is skidding as a result of the administration's missteps.]]></description>
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<title><![CDATA[Don't Buy into Bullish Drop in Unemployment Rate]]></title>
<link><![CDATA[http://www.foxbusiness.com/economy/2011/12/02/unemployment-drops-as-many-adults-quit-labor-force/]]></link>
<pubDate><![CDATA[Fri, 02 Dec 2011 12:06:30 EST]]></pubDate>
<description><![CDATA[Gains in core private sector employment must increase dramatically if the economy is to halt the decline in real wages and provide federal, state and local governments with adequate revenues, and that is not happening fast enough.]]></description>
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<title><![CDATA[America’s Endless Budget Drama]]></title>
<link><![CDATA[http://www.foxbusiness.com/politics/2011/11/16/americas-endless-budget-drama/]]></link>
<pubDate><![CDATA[Wed, 16 Nov 2011 15:18:10 EST]]></pubDate>
<description><![CDATA[By November 23, the Super Committee must create a package to reduce the deficit by $1.2 trillion, or trigger deep cuts in defense and discretionary spending.]]></description>
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<title><![CDATA[Morici: Greek PM Right to Call Referendum]]></title>
<link><![CDATA[http://www.foxbusiness.com/markets/2011/11/02/papandreou-correct-to-call-referendum/]]></link>
<pubDate><![CDATA[Wed, 02 Nov 2011 11:17:26 EDT]]></pubDate>
<description><![CDATA[Professor Peter Morici says a referendum is a necessary means of determining whether the austerity measures imposed by the EU aid package have a chance of being sustainable.]]></description>
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<title><![CDATA[Perry is Right: Social Security is a Ponzi Scheme]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2011/09/16/perry-is-right-social-security-is-ponzi-scheme/]]></link>
<pubDate><![CDATA[Fri, 16 Sep 2011 08:45:19 EDT]]></pubDate>
<description><![CDATA[Economist Peter Morici says because the first recipients of Social Security were not even asked to put up a dollar, the program could be considered a Ponzi scheme.]]></description>
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<title><![CDATA[Morici: Greece Must Default, Dump the Euro]]></title>
<link><![CDATA[http://www.foxbusiness.com/markets/2011/09/12/morici-greece-must-default-dump-euro/]]></link>
<pubDate><![CDATA[Mon, 12 Sep 2011 12:53:21 EDT]]></pubDate>
<description><![CDATA[Economics professor Peter Morici says the smartest thing Greece can do is default on its debt eventually get rid of the euro.]]></description>
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<title><![CDATA[What President Obama Needs to Say and Do]]></title>
<link><![CDATA[http://www.foxbusiness.com/markets/2011/09/07/what-president-obama-needs-to-say-and-do/]]></link>
<pubDate><![CDATA[Wed, 07 Sep 2011 10:51:57 EDT]]></pubDate>
<description><![CDATA[Economics professor Peter Morici says that while there are a number of steps that can be taken to help the economy, the president is expected to propose ideas on Thursday that will only maintain the status quo or make things worse.]]></description>
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