TARP, or the Troubled Asset Recovery Program, was the controversial $700 billion program passed in the fall of 2008 to assist the banking system. It was a political hot potato in many races this year. As an investment, how did the government do on the TARP? N.C. Cooperative Extension economist Mike Walden answers.
The Milken Institute annually puts out a report ranking major metropolitan areas in terms of job growth and salaries. In the 2010 report, several North Carolina cities ranked well. N.C. State University economist Mike Walden hits the highlights.
There’s a report that the Federal Reserve wants to create more inflation in the economy. But why? Isn’t inflation bad for everyone? N.C. State University economist Mike Walden answers.
Governments all around the world have increased their debt in order to fight the recession. There is a growing concern this debt may have a cost in the form of slower economic growth. N.C. Cooperative Extension economist Mike Walden explains that there is a point at which this cost kicks in.
The latest national job report didn’t bring good news. The number of jobs decreased. But N.C. State University economist Mike Walden says there is a silver lining.
More people are going to college, but all aren’t finishing. Almost 30 percent of college freshmen don’t make it to their second year. And only 60 percent of students graduate from a four-year college within six years. North Carolina Cooperative Extension economist Mike Walden says this poses a major cost to the country.
Workers like to get paid what they are worth, and throughout our history there does seem to have been a link between how productive a worker is and his or her pay. But I understand that link has recently broken. N.C. State University economist Mike Walden explains.
The economy is still not improving the way most people would like. Consequently, the Federal Reserve recently announced a new program called quantitative easing to stimulate economic growth. N.C. State University economist Mike Walden explains.
There are at least two characteristics of a job that are important: the salary and the prospects for increases in the salary. In today’s Economic Perspective, N.C. Cooperative Extension economist Mike Walden focuses on salary gains, discussing which jobs had the best salary gains in the last decade.
Millions of workers lost their jobs or had their incomes cut during the recession. This has forced families to make dramatic changes to keep their finances above water. N.C. State University economist Mike Walden discusses one of the biggest changes we’ve seen.