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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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  • Morici: Major Political Parties Clueless on Economy Wednesday, 15 Sep 2010 | 8:54 AM ET

    Resurrecting America requires addressing structural impediments to growth-the gaping trade deficit with China and self-destructive corporate outsourcing hysteria, the sorry state of the balance sheets at the 8000 regional banks, and the reckless casino culture on Wall Street that is luring local governments into fiscal disaster just as it did homebuyers several years ago.

  • 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.