Morici is right on a few things, wrong on most [Letter]

February 20, 2014

Commentator Peter Morici is both right and very wrong ("Obama's policies divide the nation," Feb. 17).

He's right about the need for U.S. jobs, about falling inflation-adjusted wages, about growing income inequality that undermines our core values and discourages job seekers. He's right that government policy should be changed to address these issues.

He's wrong on — well, where to begin? He's wrong that gender bias, on balance, favors women and not men in government policies and the workplace.

He's wrong that the Clinton and Reagan administrations had it right regarding oversight and regulation of the financial services industry — even former President Bill Clinton admits big mistakes there.

He's wrong that globalization is a "culprit" — when the business fundamentals drive that and the conservatives he claims to represent pushed that tide with aggressive free-trade pacts we hope President Barack Obama will treat more cautiously if Congress grants him "fast-track" authority.

And he's certainly wrong that "Hollywood elites" have more influence than, say, the Wichita (home of Koch Industries) elites, just to name one location.

Worst of all, Mr. Morici, like so many conservative business school professors, purports to stand for competitiveness in labor markets, yet he thanks his "stars" for his tenure at the University of Maryland because, once tenured, he no longer has to compete with anyone for his position.

Are competitive markets good for everyone except college professors? He can't have it both ways. I hope he avoids such confusing and conflicting messages when he's lecturing our future business leaders.

Joe Connor, Ellicott City

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