Peter Morici

Peter Morici



May 21, 2025
Congress Must Pass a Tax Bill to Head Off a Recession
To head off a recession, Congress needs to pass a tax bill now.


May 12, 2025
How Treasury Secretary Bessent Could Encircle China
President Donald Trump's trade war threatens renewed inflation, slower growth, permanently elevated interest rates and lower stock prices. However, Treasury Secretary Scott Bessent has the correct instincts to set things right.


May 6, 2025
How the Dollar Could Be Replaced by a New Currency
The overvalued dollar has benefits for Americans, but also costs. A true global currency might be the answer.


May 6, 2025
Scott Bessent Has the Right Idea to Rescue Trump's Tariff Strategy
Reciprocal Tariffs Would Reduce the Global Commerce to Primitive Barter


May 1, 2025
Trump Will Moderate Tariffs, and That's Good News for Investors
President Donald Trump is likely to end up tamping back the tariffs, and that will prove good news for investors.


Apr 24, 2025
Trump's Economic Statecraft Is Making US Poorer
President Donald Trump's tariffs and protectionism are hardly novel. Presidents Ronald Reagan and Bill Clinton restricted Japanese car imports, which motivated Toyota, Honda and Nissan to establish production here. President Joe Biden continued most of Mr. Trump's tariffs...


Apr 16, 2025
If the Fed Enables Trump's Tariffs, It Risks Stagflation
President Donald Trump has radically altered U.S. foreign and trade policies and challenged judicial supremacy but so far, has tolerated Federal Reserve independence on monetary policy.


Apr 10, 2025
Are We Headed for a Trump Recession or Worse?
President Donald Trump's reelection ignited expectations for strong growth but with more inflation. Promises for leaner government, less regulation and lower taxes, assumed U.S. leadership in Artificial Intelligence helped continue an equities rally.

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