November 20, 2009

Discounting future taxes

The federal government has borrowed a tremendous amount of money during the last two years to fight the recession. Could this borrowing have any impact on consumer behavior, especially on consumer spending? Listen

Continue reading "Discounting future taxes"


November 19, 2009

Social Security checks

For the first time in over 30 years, recipients of Social Security checks won't get a cost-of-living increase. Why is this happening? Is the government just being stingy, or is there another logical reason? Listen

Continue reading "Social Security checks"


November 18, 2009

Improvements in the housing market

There's optimism about the housing market. This is crucial, because most experts say we need a healthy housing market for the economy to recover. Is the housing market back? Listen

Continue reading "Improvements in the housing market"


November 17, 2009

Incompatible markets?

Recently, the Dow-Jones industrial average, the most-watched indicator of the stock market, broke through the 10,000 level. Since March, this index is up just under 50 percent, yet at the same time, the number of those without jobs has hit records, and the national unemployment rate has continued to climb. So how can Wall Street be doing so well when Main Street isn't? Listen

Continue reading "Incompatible markets?"


November 16, 2009

Economic ties

Gov. Perdue recently made a trip to Japan and China to drum up economic prospects and linkages in those two important countries for North Carolina. What do these trade trips do, and how might North Carolinians be impacted? Listen

Continue reading "Economic ties"


November 13, 2009

North Carolina scores well

The much-watched National Assessment for Educational Progress test results were just released for grades four and eight in all states. How did North Carolina do? Listen

Continue reading "North Carolina scores well"


November 12, 2009

A different explanation for the downturn

The largest economic recession since the 1930s has prompted much analysis and many explanations. There's a new perspective that puts the spark for the recession on globalization. Please explain that idea. Listen

Continue reading "A different explanation for the downturn"


November 11, 2009

The challenge of renewable energy

Renewable energy, such as wind, water, solar and biofuels power, is all the rage. Everyone wants to increase our power usage from these sources and decrease it from fossil fuels, such as oil. But how are we doing with this goal? Listen

Continue reading "The challenge of renewable energy"


November 10, 2009

The original reason

There's much debate going on about the effectiveness of the federal government's stimulus plan for the economy. But let's go back to basics. What was the original rationale or reason for the idea of the government spending money to jump start the economy? Listen

Continue reading "The original reason"


November 09, 2009

Changing the state tax system

Many groups have recommended that North Carolina make some major changes to its state tax system, addressing issues like the level of rates, the size of the tax base and volatility of tax revenues over time. Do we have any ideas from other states that might be helpful in this endeavor? Listen

Continue reading "Changing the state tax system"


November 06, 2009

The real unemployment rate

The unemployment rate receives the most attention as an indicator of the health of the economy. In North Carolina, this rate has been above 10 percent for most of the year. Yet does the usually stated unemployment rate give the most complete picture of the job market? Listen

Continue reading "The real unemployment rate"


November 05, 2009

Is borrowing bad?

Borrowing seems to be out now. Consumers are trying to pay down on debts, and the government is receiving a lot of criticism about all the borrowing it has done to fight the recession. But have we moved too far the other way? Aren't there some good times to and good purposes for borrowing? Listen

Continue reading "Is borrowing bad?"


November 04, 2009

Gains from college

There's no doubt that getting a college degree is a big plus for most people in getting a good-paying job. But how have those gains held up in our turbulent economy? Listen

Continue reading "Gains from college"


November 03, 2009

Consumer spending

One of the economic numbers we frequently hear is that we consumers account for 70 percent of all spending in the economy, and therefore, the economy moves as consumer spending moves. Is this accurate? Listen

Continue reading "Consumer spending"


November 02, 2009

A long view of the stock market

The stock market has certainly been volatile in the past year, falling dramatically and then staging a partial rebound this year. Many people are understandably very shy about investing in the market. But give us the long view of the stock market. Has it really made money for people over several decades? Listen

Continue reading "A long view of the stock market"


October 30, 2009

Outlook for paychecks

Probably the two most important economic factors for most people are whether they have a job and if so, what they get paid. Let's focus on the second factor today. What are economists seeing in the prospects for pay and pay increases next year? Listen

Continue reading "Outlook for paychecks"


October 29, 2009

Inflation worries

Some analysts keep saying that one threat to the economy is higher inflation. This worry is prompted by all the spending and money creation the government has done in the past year to fight the recession. Are we seeing any signs yet of higher inflation? Listen

Continue reading "Inflation worries"


October 28, 2009

Dueling multipliers

There's already a debate going on about the federal spending stimulus plan designed to combat the recession. The debate is about how effective the stimulus has been. What can economists say at this point? Listen

Continue reading "Dueling multipliers"


October 27, 2009

Social Security investments

There seems to be much discussion about what happens to contributions made to Social Security by taxpayers. Many people believe this money is immediately loaned to the federal government and replaced with IOUs. Is this true, and is it something to worry about? Listen

Continue reading "Social Security investments"


October 26, 2009

Social Security outlook

For the first time in 25 years, the Social Security system has had to dip into its reserve funds in order to make payments to recipients. Is this the start of a worrisome trend? Is Social Security now in trouble? Listen

Continue reading "Social Security outlook"


October 23, 2009

North Carolina business costs

Forbes magazine recently ranked both states and localities in their attractiveness for new businesses. How did our state and cities do? Listen

Continue reading "North Carolina business costs"


October 22, 2009

Mortgage resets

Although there have been some recent bright signs in the housing market, concerns still linger. One of them has to do with mortgage resets. Explain what these are and why they may be an issue. Listen

Continue reading "Mortgage resets"