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Peter Morici

Obama stirs passions but makes income inequality worse
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., July 31 (UPI) -- Slow economic growth and increasing inequality are ripping the social fabric of the United States -- vanquishing the dreams of working families, saddling the young with onerous student debt and frustrating retirement plans.
Obama jobs campaign: Politics as usual
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., July 26 (UPI) -- U.S. President Barack Obama is on the campaign trail to sell his economic program directly to voters -- over the head of a reluctant U.S. Congress. He says it's all about jobs but it's just politics as usual.
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., July 22 (UPI) -- The United States doesn't enjoy the preponderance of assets needed to go everywhere and settle every dispute.
Easy money, the opiate of the U.S. economy
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Mass., July 18 (UPI) -- Much like a drug addict, the U.S. economy is hooked on the Federal Reserve's easy money policies.
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., July 15 (UPI) -- Fed Chairman Ben Bernanke has convinced financial markets easy money policies will continue as long as needed. That may be forever and those policies place U.S. prosperity and sovereignty at grave risk.
Obama has little choice but to back Egyptian military
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., July 10 (UPI) -- In Egypt, the United States is once again confronted with a tough choice between backing the champions of the status quo ante -- a military-endorsed regime that resembles that of deposed President Hosni Mubarak -- or accepting an Islamic state.
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., July 9 (UPI) -- The tragedy in Egypt is a warning to Americans -- imperious executive power is a threat to liberty everywhere.
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., July 8 (UPI) -- The U.S. Labor Department announced last week that the U.S. economy added 195,000 jobs in June. The pace appears to be picking up but it is still not the 360,000 jobs needed each month to bring unemployment down to 6 percent over the next three years.
Obama's mess in Egypt
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., July 5 (UPI) -- Recent events in Egypt put U.S. President Barack Obama in a tough spot, even if not as difficult as that of deposed Egyptian President Mohamed Morsi.
How to make taxes fairer and abolish the IRS
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., July 5 (UPI) -- The Internal Revenue Service is dangerous to civil liberties, irrevocably broken and corrupting national politicians.
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., June 28 (UPI) -- U.S. gross domestic product growth was revised downward for the first quarter from 2.4 to 1.8 percent because consumer spending, business investment and exports grew less than previously estimated.
Obama's climate action plan masks hidden agenda
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., June 27 (UPI) -- U.S. President Barack Obama's Climate Action Plan won't do much to curb global warming but it will please liberals who delight in extending government control over large segments of the economy.
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., June 18 (UPI) -- Americans can expect mortgage rates to climb, selling homes to get tougher and interest rates to increase on credit cards, auto purchases and home equity loans.
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., June 17 (UPI) -- Wall Street is cooking up another crisis -- making shoddy loans and selling worthless securities to investors hungry for higher yields than certificates of deposit and government bonds offer.
By PETER MORICI, UPI Outside View Commentator
COLLEGE PARK, Md., June 14 (UPI) -- Are National Security Agency actions regarding tracking all phone calls in the United States really needed for U.S. security against terrorists?
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Obama visits Sandwich Shot in Washington, D.C.
View Caption
President Barack Obama and Vice President Joe Biden order take-out lunch at Taylor Gourmet on Pennsylvania Avenue, in Washington, D.C. on October 4, 2013. The reason he gave was they are starving and the establishment is giving a 10 percent discount to furloughed government workers as an indication of how ordinary Americans are looking out for one another. UPI/Pete Marovich/Pool