As the job market slowly begins to improve, people are directing more attention how much jobs are paying. But has pay been recovering along with jobs? N.C. State University economist Mike Walden answers. “Unfortunately not. … If you look at a new study that’s looked at wages that workers receive over the last couple of [...]
The N.C. General Assembly has put a cap of 37.5 cents on the state gas tax for about two years. N.C. State University economist Mike Walden considers the pluses and minuses of such a restriction.
Can inflation be too low? Whenever Federal Reserve Chairman Ben Bernanke speaks, people listen. Recently, he said he and the Federal Reserve would work both to keep inflation from being too high but also to keep it from being too low. How can inflation ever be too low? N.C. State University economist Mike Walden responds. [...]
One of government’s major functions in recent decades has been to alleviate poverty. Programs such as Medicaid, Social Security, food stamps and many others have a mission to help households with limited resources. N.C. State University economist Mike Walden looks at whether they have actually had any effect on poverty?
The middle class has always dominated the United States. N.C. State University economist Mike Walden considers what the statistics show on the relative size of the middle class over time.
What will the new tax bill mean for North Carolina? N.C. State University economist Mike Walden explains the major elements of the bill and what effect they’ll have on people and businesses.
Financing a college education has become a big problem for many students as well as for governments, like North Carolina’s, that help fund higher education. N.C. State University economist Mike Walden explains the bold new idea for financing college education in Oregon.
The N.C. General Assembly has had a full plate this session. They have considered the state budget, state taxes and policies to promote economic growth and jobs. N.C. State University economist Mike Walden considers how these issues are tied together.
When people look at disagreements among our elected leaders — whether it’s over the federal budget or state taxes — many like to say the arguments are all about politics. Mary Walden asks her husband, N.C. State University economist Mike Walden whether he agrees of if he thinks there are other elements to the debates.
After a spectacular run for several years, gold’s value is down almost one-third over the past year. Many gold investors are stunned, but should they be? N.C. State University economist Mike Walden responds.