Sep 30, 2010
Government and the economy
The role of government in the economy is subject of much debate in the United States. Some say it is only because of the actions of the government that the recession didn’t turn into a depression, and others take the opposite view -- that all the spending and borrowing by the government has actually hurt the economy. In today's Economic Perspective, economist Mike Walden of N.C. Cooperative Extension is asked, Who’s right?