Peter Morici is a professor at the Smith School of Business, University of Maryland, and former Chief Economist at the U.S. International Trade Commission.
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Peter Morici
Professor, Smith School of Business, University of Maryland
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It's bad, but as this economist explains, it would have been a lot worse if thousands of Americans had not just given up.
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This academic says weak conditions abroad and flagging U.S. competitiveness caused exports to contract and businesses anticipating a further slowdown slashed inventories.
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President Obama has declared the U.S. must respond to the threat of climate change; however, his plan will likely hasten the pace of global warming according to this academic.
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This academic says if the United States were any other country, its bonds would have long ago been downgraded to junk.
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US businesses bear higher costs than foreign competitors and so are reluctant to hire in the United States, Peter Morici argues.
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Peter Morici says for the GOP to win elections, it must abandon long-held beliefs and biases.
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This academic says the tax and spending package passed by the Senate and House provides little prospects of improvement.
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More self control in rhetoric and authentic mutual respect could give us a civility, argues the out-spoken academic.
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In 2013, the economy will be hard pressed to accomplish the 2 percent growth registered this year, and unemployment only will continue falling if more adults opt out of the labor market or settle for part-time work.
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The academic argues the heads of central banks know easy money can’t overcome flawed government policies.
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