A report recently released found Americans have increasingly used funds from their retirement investments for daily expenses – and this is before they have retired. How are they doing it, and is it a good idea? N.C. State University economist Mike Walden answers.
There’s been much attention on the national debt and ways to reduce the government borrowing fueling that debt. But some prominent economists are actually recommending the opposite – more federal borrowing. What is their reasoning? N.C. State University economist Mike Walden answers.
The term ‘new normal,’ coined a few years ago, applies to our very slowly improving economy. Some economists are upbeat about the economy and are saying the new normal doesn’t apply. N.C. State University economist Mike Walden explains.
The Federal Reserve has created a lot of money and kept interest rates very low, in order to support and stimulate the economy. But some worry about the downsides of these actions. Are there any? N.C. State University economist Mike Walden responds.
Some state General Assembly members have proposed dramatically changing the kinds of taxes we have in North Carolina. N.C. State University economist Mike Walden summarizes the proposal and related issues.
With all the economic issues in our country, including debates over the federal budget and debt, why isn’t the U.S. dollar sinking in value against foreign currencies? N.C. State University economist Mike Walden explains.
Leading up to last year’s fiscal cliff deadline there was a debate about limiting tax deductions and exemptions. The debate was part of a larger discussion about making substantial revisions to the federal income tax code. Was anything along these lines included in the final fiscal cliff legislation? N.C. State University economist Mike Walden answers.
The housing market registered significant gains in 2012, causing many to proclaim that housing has turned the corner and will continue to improve. But what might be lurking in the economy that could derail this optimistic forecast? N.C. State University economist Mike Walden responds.
Information technology has changed so much of our world. Smartphones that almost everyone carries are several times stronger than the first computers we had decades ago. Some think information technology will change the way we obtain education in the future, particularly higher education. N.C. State University economist Mike Walden explains.
In the fiscal-cliff discussions, there was a proposal to change the cost-of-living-adjustment formula for Social Security. It wasn’t adopted. N.C. State University economist Mike Walden explains what that was about.