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Easy money is narcotic

COLLEGE PARK, Md., Sept. 20 (UPI) -- Easy money is a painkiller, not a cure.
PETER MORICI, UPI Outside View Commentator

Obama policies make inequality a lot worse

COLLEGE PARK, Md., Sept. 17 (UPI) -- Income inequality has been growing since the 1970s but U.S. President Barack Obama's economic policies are making it worse and much faster than Presidents George W. Bush or Bill Clinton.
PETER MORICI, UPI Outside View Commentator
Obama on Syria, another 'F' in management

Obama on Syria, another 'F' in management

COLLEGE PARK, Md., Sept. 10 (UPI) -- Russia's ploy to defuse the Syrian crisis will likely end in an embarrassment for U.S. President Barack Obama and diminish already declining U.S. prestige.
PETER MORICI, UPI Outside View Commentator

Part-timers, discouraged workers dominate jobs report

COLLEGE PARK, Md., Sept. 6 (UPI) -- More U.S. job creation require trimming back on tax increases and spending cuts and more realistic and less-ideological trade, energy and regulatory policies.
PETER MORICI, UPI Outside View Commentator

Part-time positions dominate U.S. jobs picture

COLLEGE PARK, Md., Sept. 5 (UPI) -- Forecasters expect the U.S. Labor Department to report the U.S. economy added 175,000 jobs in August and the unemployment rate remained steady at 7.4 percent.
PETER MORICI, UPI Outside View Commentator
Hesitation on Syrian strike threatens economic recovery

Hesitation on Syrian strike threatens economic recovery

COLLEGE PARK, Md., Sept. 4 (UPI) -- U.S. President Barack Obama's vacillation on Syria -- delaying military action and booting the decision to Congress -- poses grave threats to U.S. prosperity.
PETER MORICI, UPI Outside View Commentator

GDP growth revised up but outlook remains treacherous

COLLEGE PARK, Md., Aug. 29 (UPI) -- U.S. gross domestic product growth was revised up for the second quarter to 2.5 percent from 1.7 percent because the trade deficit was much smaller than originally estimated and investments in inventory were revised upward.
PETER MORICI, UPI Outside View Commentator
Tough choices behind Obama's mortgage initiative

Tough choices behind Obama's mortgage initiative

COLLEGE PARK, Md., Aug. 9 (UPI) -- U.S. President Barack Obama wants private banks to use depositor and investor funds to write 30-year, fixed-rate mortgages at affordable rates. He won't admit those goals and others imposed by Congress require the federal government to guarantee mortgages and banks against failure.
PETER MORICI, UPI Outside View Commentator

U.S. trade deficit slowing growth, destroying jobs

COLLEGE PARK, Md., Aug. 5 (UPI) -- The U.S. Commerce Department is expected Tuesday to report the June deficit on international trade in goods and services was $43 billion.
PETER MORICI, UPI Outside View Commentator

Obama, GOP make no sense on taxes and spending

COLLEGE PARK, Md., Aug. 5 (UPI) -- Republicans are from Venus and U.S. President Barack Obama is from Mars. Nothing better demonstrates this than their stances on taxes, spending and jobs.
PETER MORICI, UPI Outside View Commentator

Not much hope for a better U.S. jobs market

COLLEGE PARK, Md., Aug. 1 (UPI) -- Forecasters expect the U.S. Labor Department will report Friday the U.S. economy added 175,000 jobs in July, down from 195,000 in June, and the unemployment rate will slip a notch to 7.5 percent.
PETER MORICI, UPI Outside View Commentator
Obama stirs passions but makes income inequality worse

Obama stirs passions but makes income inequality worse

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.
PETER MORICI, UPI Outside View Commentator
Obama jobs campaign: Politics as usual

Obama jobs campaign: Politics as usual

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.
PETER MORICI, UPI Outside View Commentator

U.S. should step back in Egypt, elsewhere

COLLEGE PARK, Md., July 22 (UPI) -- The United States doesn't enjoy the preponderance of assets needed to go everywhere and settle every dispute.
PETER MORICI, UPI Outside View Commentator
Easy money, the opiate of the U.S. economy

Easy money, the opiate of the U.S. economy

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.
PETER MORICI, UPI Outside View Commentator

The road to a socialist paradise

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.
PETER MORICI, UPI Outside View Commentator
Obama has little choice but to back Egyptian military

Obama has little choice but to back Egyptian military

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.
PETER MORICI, UPI Outside View Commentator

Egypt's warning for America

COLLEGE PARK, Md., July 9 (UPI) -- The tragedy in Egypt is a warning to Americans -- imperious executive power is a threat to liberty everywhere.
PETER MORICI, UPI Outside View Commentator

U.S. jobs growth picks up but policy reforms needed

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.
PETER MORICI, UPI Outside View Commentator
Unemployment rate holds at 7.6 percent

Unemployment rate holds at 7.6 percent

WASHINGTON, July 5 (UPI) -- The U.S. unemployment rate held at 7.6 percent in June, although the economy added 195,000 jobs in the month, the Department of Labor said Friday.
Obama's mess in Egypt

Obama's mess in Egypt

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.
PETER MORICI, UPI Outside View Commentator
How to make taxes fairer and abolish the IRS

How to make taxes fairer and abolish the IRS

COLLEGE PARK, Md., July 5 (UPI) -- The Internal Revenue Service is dangerous to civil liberties, irrevocably broken and corrupting national politicians.
PETER MORICI, UPI Outside View Commentator

GDP growth slows, Fed between rock and hard place

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.
PETER MORICI, UPI Outside View Commentator
Obama's climate action plan masks hidden agenda

Obama's climate action plan masks hidden agenda

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.
PETER MORICI, UPI Outside View Commentator

As Federal Reserve meets, folks should trim spending

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.
PETER MORICI, UPI Outside View Commentator
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