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Trade deficit drags on growth, jobs creation

Tuesday, the Commerce Department reported the March deficit on international trade in goods and services was $40.4 billion.
Peter Morici
The Issue: Could deal be close on renewing extended unemployment?

The Issue: Could deal be close on renewing extended unemployment?

Could it be? An actual deal in the works to reinstitute the extended unemployment benefits that expired just after Christmas?
MARCELLA S. KREITER, United Press International

Tax reform: Eliminate the income tax and IRS

COLLEGE PARK, Md., Feb. 27 (UPI) -- Americans desperately want a fairer tax system and relief from arbitrary treatment by the Internal Revenue Service. True reform requires simply junking the personal and corporate incomes in favor of a consumption tax.
PETER MORICI, UPI Outside View Commentator

Obama to propose wholly political budget

COLLEGE PARK, Md., Feb. 21 (UPI) -- U.S. President Barack Obama is putting the finishing touches on his budget message to Congress. Media reports indicate the document would be criminal if it wasn't so comical!
PETER MORICI, UPI Outside View Commentator
Raising minimum wage to $8.25 is best option

Raising minimum wage to $8.25 is best option

COLLEGE PARK, Md., Feb. 19 (UPI) -- The recent Congressional Budget Office Report confirms raising the minimum wage in line with inflation to $8.25 is the best course.
PETER MORICI, UPI Outside View Commentator

Unions must change to survive

COLLEGE PARK, Md., Feb. 18 (UPI) -- The United Auto Workers' recent failure to organize workers at the Chattanooga, Tenn., Volkswagen plant shows just how much unions need to change to stay relevant.
PETER MORICI, UPI Outside View Commentator
Winter's price tag this year estimated at $50 billion

Winter's price tag this year estimated at $50 billion

WASHINGTON, Feb. 15 (UPI) -- Harsh winter weather is wreaking havoc on the U.S. economy, with mounting losses due to slow retail sales, travel disruption and other factors, economists said.
Big freeze, storms impose losses up to $40B

Big freeze, storms impose losses up to $40B

COLLEGE PARK, Md., Feb. 14 (UPI) -- The January freeze and crippling storms gripping the eastern United States and upper Midwest are having significant effects on normal life and commerce.
PETER MORICI, UPI Outside View Commentator
Obama's two Americas

Obama's two Americas

COLLEGE PARK, Md., Feb. 13 (UPI) -- U.S. President Barack Obama is dividing the United States into two nations -- one rich, the other increasingly poor and both more likely to elect Democrats.
PETER MORICI, UPI Outside View Commentator

Only 113,000 jobs -- How decadence breeds decay!

COLLEGE PARK, Md., Feb. 7 (UPI) -- The U.S. economy created 113,000 jobs in January, up from 75,000 in December. Colder than average weather was a factor but that simply doesn't explain two consecutive months of poor performance.
PETER MORICI, UPI Outside View Commentator

What to expect from Friday's jobs report

COLLEGE PARK, Md., Feb. 6 (UPI) -- Economists expect the U.S. Labor Department to report Friday that the U.S. economy added 181,000 jobs in January.
PETER MORICI, UPI Outside View Commentator

CBO report low-balls Obamacare effects on employment

COLLEGE PARK, Md., Feb. 5 (UPI) -- A new Congressional Budget Office report once again low-balls the effects of the Affordable Care Act on labor force participation and the U.S. economy.
PETER MORICI, UPI Outside View Commentator
Obama's minimum wage ploy hurts the working poor

Obama's minimum wage ploy hurts the working poor

COLLEGE PARK, Md., Feb. 4 (UPI) -- U.S. President Barack Obama puts his political fortunes above the least among us by badgering Republicans in Congress to raise the minimum wage to $10.10 an hour.
PETER MORICI, UPI Outside View Commentator
The Issue: Obama challenges Congress on wages, unemployment

The Issue: Obama challenges Congress on wages, unemployment

U.S. President Barack Obama last week upped his game, throwing down the gauntlet to Congress by saying if lawmakers refused to act, he would do what he could through executive order to boost wages, create jobs and help the hard-pressed middle class claw its way to prosperity.
MARCELLA S. KREITER, United Press International
State of the Union mixes sound and foolish proposals

State of the Union mixes sound and foolish proposals

COLLEGE PARK, Md., Jan. 29 (UPI) -- Promising to address inequality and strengthen the middle class, U.S. President Barack Obama's State of the Union address combined sound and foolish proposals, laced with good old fashioned demagoguery.
PETER MORICI, UPI Outside View Commentator
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Wiki

Peter Morici is an Economist and Professor at the R.H. Smith School of Business at the University of Maryland, College Park. He is a graduate of SUNY Albany in New York State where he received his Ph.D in Economics in 1974.

From 1974 to 1976, he taught at Augsburg College in Minneapolis. In 1976, he joined the Federal Energy Administration In 1978 he moved to the National Planning Association in Washington where he was elected a Vice President in 1983. He joined the University of Maine as a Professor of Economics in 1988 and was Director of its Canadian-American Center from 1990 to 1993. He served as chief economist at the U.S. International Trade Commission.

Morici is the author of 18 books., and has recently signed up to be a pitchman for Kyocera.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Peter Morici."
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