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Peter Morici

Professor, Smith School of Business, University of Maryland

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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  • Speaker of the House Nancy Pelosi (D-CA) speaks during her weekly news conference at the US Capitol in Washington, DC.

    The Commerce Department reported the deficit on international trade in goods and services fell to $42.8 billion. That is less than the $49.8 billion registered in June, as a slowing U.S. economy dampened import demand and civilian aircraft shipments jumped. The latter is not likely to be repeated.

  • Morici: Obama's New Plan Won’t End Jobs Drought Tuesday, 7 Sep 2010 | 10:29 AM ET
    President Barack Obama

    With Congressional Democrats facing a November shellacking, President Obama is floating new programs to aid troubled homeowners and create jobs that will prove costly and ineffective.

  • Job Losses

    With thousands of young college graduates moving in with parents and returning Iraq-war veterans facing long-term unemployment, President Obama is scrambling for cover. Irresponsible spending, largesse for big banks and subsidies for a broken health care system have busted the budget and failed to create jobs.