Host Mary Walden says that there are many federal and state programs that use tax revenues to financially and economically help families with limited resources. When we look at families of different income levels, what kinds of differences do we see in terms of taxes paid compared to government benefits received, she asks her husband, N.C. State economics Mike Walden?
Host Mary Walden says that people often compare local economies, like Charlotte and Raleigh or Wilmington and Asheville. Often, these comparisons show big differences. Her husband, N.C. State economist Mike Walden explains why.
Despite rules and regulations governing the workplace, all jobs aren’t the same when it comes to risk, says host Mary Walden. Some are just inherently more risking than others. She asks her husband, N.C. State economist Mike Walden, “If everything else were equal, it seems like people would rather take safer jobs. Why don’t they?”
Change is sometimes very hard to deal with, especially in the economy where it seems like we are constantly seeing some companies and jobs destroyed while new ones are created, says host Mary Walden. She asks her husband, N.C. State economist Mike Walden, “Is this a new phenomenon?”
Host Mary Walden points out that issues in the labor market have not impacted everyone equally. One difference we see today is that the jobless rate for men is higher than that for women. She asks her husband and N.C. State economist Mike Walden, “Is this unusual when we look around the world?”
Economists say Japan’s economy has been in a major slump for much of the past 15 years, says host Mary Walden. Some say that there are parallel trends in the U.S. economy and Japan’s. She asks her husband, N.C. State economist Mike Walden, “Can we or will we avoid where Japan has been?”
The rise in prices that economists call “inflation” affects everyone, says host Mary Walden. Recent government reports suggest inflation is tame, averaging between 1 percent and 2 percent annually. But there are critics who say the government mismeasures inflation. She asks her husband, N.C. State University economist Mike Walden, “Are their complaints valid?”
N.C. State University economist Mike Walden and his colleagues are always searching for factors that can help predict various economic conditions such as growth, spending and inflation. Host Mary Walden says this can be complicated, but one element stands above all others in its predictive power. What is it?
Host Mary Walden says that one of the positive points about our country is the ability of people to move up the income ladder. Someone born poor could become a millionaire in their lifetime. But some say this is no longer possible or at least the income ladder has become harder to climb. She asks her husband, economist Mike Walden, “What does the evidence say?”
North Carolina has been hit by a couple of crippling winter storms that resulted in closed schools and businesses, and a disrupted economy. Host Mary Walden asks how much this kind of winter weather has cost us? N.C. State University economist Mike Walden responds.