Peter Morici
Peter Morici
Peter George Morici, Jr. is an American economist and Professor of International Business at the R.H. Smith School of Business at the University of Maryland, College Park. He is a graduate of SUNY Albany in New York State where he received his Ph.D in Economics in 1974. He is a nationally syndicated columnist, with his articles appearing in many publications such as The Washington Times, The Hill, Townhall.com, Newsmax, and several regional newspapers throughout the United States. Morici often appears...
persists starting zone
We're starting to get into the zone where if this persists its problematic,
arrest fix none problems
None of this will fix GM's systemic problems or arrest its long-term decline.
bond mortgage question rate rates
Mortgage rates are going to go up, the long bond rate is going to go up. The only question is what is the precipitating event.
clear costs design ford japanese labor lacking lacks line offer plan quality statement vehicles
The plan lacks a clear statement of how Ford is going to get its labor and design costs in line with its Japanese competitors. Lacking that, Ford will not be able to offer vehicles that are competitive in price, quality and content.
agencies bankruptcy clear company either eventually future lose market message money option rating sending serious stock
The rating agencies and stock market are sending a clear message that the company will lose money for the foreseeable future and eventually go bankrupt. Bankruptcy is a serious option either strategically or as an eventuality.
deficits economic ford growth income jobs mediocre outlook personal poorly production record remains trade
The outlook remains poor. Production cutbacks at Ford and GM, mediocre personal income growth and record trade deficits all bode poorly for economic growth and jobs creation.
deficits economic ford growth income jobs mediocre outlook personal poorly production record remains trade
The outlook remains poor, ... Production cutbacks at Ford and GM, mediocre personal income growth and record trade deficits all bode poorly for economic growth and jobs creation.
decent enjoying holiday retail sector shopping
The retail sector is enjoying a decent but unexceptional holiday shopping season.
brakes fed housing leverage limited tap unable
The Fed now has limited leverage over the housing market. It has been unable to tap the brakes on the housing market.
benefit bit costs excessive factory labor less lower north pays
Even in North America, (Toyota's) factory labor costs are lower because it pays a bit less for labor and is not encumbered by excessive benefit costs.
apparent becoming capable interested job wind
As the negotiations wind down, it is becoming apparent that the E.U. isn't interested or, at least politically, not capable of getting the job done,
capacity currently gm
As things currently stand, GM has too many brands, workers, managers, capacity and bureaucracy.
point stop
At some point the telecommunications (sector) has to stop shrinking.
likely months situation worse
This situation is likely to become worse in the months ahead.