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.
Germany has been sacking Greece and other Mediterranean economies for years, and the Hellenic revolt against austerity is overdue, says Peter Morici.
Ronald Reagan had to dig out of a recession, too — but GDP growth at this point in that recovery was twice what Obama is delivering now.
Here are five reasons why Americans reduced their spending binge on Black Friday this year.
President Obama's well-intended policies to resuscitate the economy are making the inequality gap a lot worse, said economist and professor Peter Morici.
Obama promised the Affordable Care Act would save families $2,500 a year. That was flimflam bait, said economist and professor Peter Morici.
Because the president is unwilling to compromise on almost anything, the GOP was left with no other options, says Peter Morici.
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.
While forecasters expect Friday's jobs report to reflect gains, jobs growth has been weighted toward part-time positions. Without better policies, jobs creation will not pick up.
Cyprus would be better off to leave the euro than accept the terms of the bailout imposed by the European Union, International Monetary Fund and European Central Bank.