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economy

Aug 23, 2010

Who’s buying the debt?

The federal government has issued over $2 trillion of new debt during the past two years. Who bought it? N.C. Cooperative Extension economist Mike Walden answers. 

Aug 20, 2010

Jobs created and saved

The president’s chief economic advisor issued a report recently saying the $800 billion dollar stimulus package passed last year has so far resulted in between 2.5 million and 3.6 million jobs being created or saved nationwide. How has this number been arrived at? Did someone go around and count the jobs? N.C. State University extension economist Mike Walden explains. 

Aug 20, 2010

YOU DECIDE: Is there a better way to help the unemployed?

Unemployment compensation is the main way we help the unemployed. But some economists say the current unemployment compensation system isn't working. North Carolina State University Economist Mike Walden discusses the issue. 

Aug 19, 2010

Energy costs

There haven't been too many complaints about gas prices this summer. Are energy prices finally behaving themselves? North Carolina Cooperative Extension economist Mike Walden weighs in. 

Aug 18, 2010

Expiring tax cuts

Some federal tax rates are scheduled to increase next year unless Congress takes action. Dr. Mike Walden, North Carolina Cooperative Extension economist, explains how people will be affected. 

Aug 17, 2010

News on North Carolina’s job market

Jobs and unemployment are the most important economic factors for most people. In his latest Economic Perspective, Dr. Mike Walden, a North Carolina Cooperative Extension economist, says a recent jobs report for North Carolina is encouraging. 

Aug 16, 2010

Retail sales

The latest national report on retail sales showed consumers actually spent less in June compared to May. Since consumer spending is such an important part of the economy, is this bad news? Extension economist Mike Walden shares his point of view. 

Aug 13, 2010

Consumer prices

Inflation -- how fast the prices of common products go up -- is important to most households. What is the latest status of inflation? Is it good or bad? Dr. Mike Walden, North Carolina Cooperative Extension economist in the College of Agriculture and Life Sciences at N.C. State University, weighs in. 

Aug 11, 2010

Are home prices still too high?

Some economists see the direction of home prices as a key factor for the fledgling economic recovery. The big question both sellers and buyers want to know is with prices down almost 30 percent over the past three years, have they reached the bottom yet? Dr. Mike Walden, North Carolina Cooperative Extension economist in the College of Agriculture and Life Sciences at N.C. State University, weighs in. 

Aug 10, 2010

Is debt a problem for everyone?

Economists have pointed out that American households took on substantial debt over the past 30 years. Many households are now scrambling to pay down on debt, and this is one reason why consumer spending has been slow. But do all households have to worry about debt? Dr. Mike Walden, North Carolina Cooperative Extension economist in the College of Agriculture and Life Sciences at N.C. State University, responds.