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.
In the government shutdown debate, obstructionist threats and obstinance won't make the GOP a governing party again.
On Syria, President Obama's inability to make tough choices and shoulder responsibility stands to diminish U.S. prestige in the world.
With the Dow setting new records, it is important to recognize current stock prices are hardly extraordinary, says this economist.
The President has spent the last several weeks painting a picture of economic Armageddon if he doesn't get his way and Republicans are betting Mr. Obama is overstating his case.
It's bad, but as this economist explains, it would have been a lot worse if thousands of Americans had not just given up.