Peter Morici

A top economist sounded the alarm on the damage President Joe Biden’s Marxist plans will inflict on the economy. Economist and University of Maryland Professor Emeritus Peter Morici penned a fiery op-ed headlined, “Biden's woke economics will lead to disaster.”

Broadcast networks barely covered the skyrocketing national debt in the past year, but spent far more time on toy animals called Hatchimals. ABC and NBC gave the toy sensation three times more coverage than the debt. As of Jan. 9, the United States’ national debt was nearly $20 trillion ($19,955,343,885,377.73), according to the Treasury Department. The rising debt, according to multiple sources…

With almost exactly one month left till the election, the government reported Oct. 5 the unemployment rate plummeted to 7.8 percent in September. While media outlets like The New York Times called the number “unexpected good news for Obama,” both liberal and conservative economists were quick to tear it apart. The labor force jumped in one of the two government employment surveys – “the…

Apparently CNN considers the stating of cold, hard economic realities to be risky partisanship now. Take the case of  Papa John’s CEO John Schnatter claiming that ObamaCare will increase costs for his company.   Papa John's is not the first company to claim Obamacare will raise its costs, but it is the first to be viciously attacked by CNN.  [Video follows page break;  MP3 audio here.]

About 45,000 fewer jobs were added in April than economists expected, and the unemployment rate dropped to 8.1 percent due to more than a half million people giving up the job search. CNN Money reacted with the headline “hiring fizzles.” University of Maryland Economist Peter Morici wrote in response the jobs report, “The economy added 115,000 jobs in April - much less than expected and not…

MSNBC anchor Dylan Ratigan believes the recent developments in the GOP – including the rise of the Tea Party – have shredded the party of its "political traction" in the Senate. When asked by guest-host Peter Morici, an economist and professor of business at the University of Maryland, how much the Tea Party has set the Republicans back in their bid to retake the House and Senate, Ratigan…

While Senate Democrats scurry to pass an unpopular health care reform bill by Christmas Eve, CNN did something rare on Dec. 22: they offered two different perspectives on the bill, including a critic's view. That critic was University of Maryland economist Peter Morici, who expressed skepticism of the assumptions built into the health care reform bill, projected that it would raise costs for…

Let's hope we haven't seen the last of economist Peter Morici on CBS.  The University of Maryland business professor, appearing on the Early Show this morning, put the blame for the failure of Big Three bailout squarely on the shoulders of the UAW for its refusal to accept pay cuts putting its members on par with non-union workers at US plants owned by foreign car manufacturers.  The Early Show…

When This Week assembled a round-table of four liberals versus one conservative yesterday, I kvetched. Maybe I should have cheered. ABC's idea of balance looks good compared to that of CBS. This morning's Early Show preview of the Bush admin's plan, to be announced later today, to regulate the financial industry was essentially conservative-free. OK, to be absolutely accurate, there was a…