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Peter Morici Twitter @pmorici1



Jun 17, 2021
Brace for a summer rally.Even with stocks pushing new records and the Federal Reserve under pressure from inflation to push up interest rates, the outlook for corporate profits is strong and that will overwhelm the pessimism among a chorus of experts.COVID-19 shutdowns...


Jun 3, 2021
President Joe Biden has big plans to create jobs and raise wages by spending more on infrastructure and industrial policies and to improve conditions for ordinary folks by funding pre-K education, free community colleges, and child allowances with higher taxes on...


May 26, 2021
President Joe Biden plans for a more activist government to boost long-term growth and address inequality are getting a reality check.Juiced by his $1.9 trillion stimulus package, consumer spending is colliding with supply constraints - shortages of semiconductors, most...


May 20, 2021
The President Joe Biden is rejecting orthodox thinking to promote more just and equitable growth, but his woke agenda could all end in tears.From Jimmy Carter to Bill Clinton, presidents may have disagreed about the boundaries, but free trade, controlling government...


May 13, 2021
The economy is on a tear but how well it addresses the great challenges of our generation - inequality and competition with China - will depend importantly on the success of President Joe Biden's industrial policies and how much inflation the Federal Reserve...


May 6, 2021
Policy makers, business leaders and ordinary folks are living through a once-in-a-generation surge in economic growth but face terrible uncertainty navigating between pandemic and recovery.Vaccinating 80% of Americans for known strains of COVID will be tough. Getting...


Apr 29, 2021
Financing President Joe Biden's agenda will require substantial tax increases for corporations and wealthier Americans. In a tightly divided Congress, tinkering with the terribly complex tax code is even more difficult and would create unintended consequences. For example,...


Apr 22, 2021
A guaranteed annual income - at least for children - is likely to be a big campaign issue in 2022. With opposition to aggressively higher corporate and personal income taxes on the wealthy emerging among some moderate Democrats, a focus on benefits-specifically, an...

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