Archive for the ‘Economic Perspective’ Category

Wiggle room in the federal budget

Many people want to balance the federal budget by focusing on reducing government spending. How easy is that? N.C. State University economist Mike Walden weighs in.

Confusing job numbers

National job numbers for December paint a confusing picture: One job survey showed a rather modest increase in employment, but the other survey indicated a major decline in the unemployment rate. N.C. State University economist Mike Walden clarifies the findings.

Why do bubbles happen?

The recession began with the so-called bursting of the investment bubble in residential housing. But what exactly is an investment bubble? And what causes it? N.C. State University economist Mike Walden answers.

Can the grid handle it?

In coming years electric-powered vehicles are expected to greatly increase in popularity, and many people would like to see them take over a greater share of the market so we can reduce our reliance on oil and gas. But do experts foresee any problems in meeting the electricity usage that these vehicles will create? N.C. State University economist Mike Walden weighs in.

Pension plans

Many states are facing problems with the public pensions. In some of those states there are recommendations to dramatically change how government workers are paid a pension. N.C. State University Extension economist Mike Walden outlines these discussions.

Who are discouraged workers?

Discouraged workers are individuals without a job who are not actively looking for work, so they are not counted in the most frequently used measure of unemployment. But N.C. State University economist Mike Walden says we do have information on why such jobless individuals are not pounding the pavement for jobs.

Alternative unemployment rates

How is unemployment calculated? Is it just folks without a job? What about people who are working but not in the occupations they trained for? Are they ever factored into the unemployment figures? N.C. State University extension economist Mike Walden answers.

Deficit dynamics

Everyone knows the national deficits and debt are financial problems. Recently we had two commissions that made recommendations for dealing with the deficits and debt. What would be the strategy used for dealing with these problems? N.C. State University economist Mike Walden responds.

Competing for shipping

There will soon be a big change to how products move in and out of our country, especially for markets on the east coast. What is this change, and how might it affect North Carolina? N.C. State University economist Mike Walden responds.

Is inflation still at bay?

Inflation matters for everyone, from families and businesses trying to pay their bills to government policy makers. N.C. State University economist Mike Walden gives an update on the latest inflation readings.

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