In the Eye of the Storm: A conversation from WFAE's Carolinas Climate Summit wfae.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wfae.org Daily Mail and Mail on Sunday newspapers.
Editor’s note: Dr. Mike Walden is a William Neal Reynolds Distinguished Professor and Extension Economist in the Department of Agricultural and Resource…
I see a challenging but not disastrous first half of 2024, but followed by an improving and optimistic second half of the year. How challenging the first half is will determine if an official recession has occurred, or if the result has only been a slowdown. Let's take a look at more details.
RALEIGH — Former President Donald Trump has proposed an across-the-board tariff tax of 10% on all imports. How would such an increase in protectionist central planning affect our economy?
RALEIGH — Former President Donald Trump has proposed an across-the-board tariff tax of 10% on all imports. How would such an increase in protectionist central planning affect our economy?
by Mike Walden — April 22, 2021 .
Editor’s note: Dr. Mike Walden is a William Neal Reynolds Distinguished Professor and Extension Economist in the Department of Agricultural and Resource Economics at North Carolina State University who teaches and writes on personal finance, economic outlook and public policy.
RALEIGH – Income inequality, poverty, hunger, unemployment – these are all issues that have been with us for a while but became worse during the pandemic. The various stimulus bills tried to help, and currently Congress is considering legislature that would make more permanent changes to addressing the challenges.
However, it’s not as if we haven’t been engaged in helping alleviate economic stress. In my recently published book,
Fed is creating then lending money to US government – will this drive growth or inflation? wraltechwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wraltechwire.com Daily Mail and Mail on Sunday newspapers.
Are There Costs To The New Stimulus Bill?
Spring Hope Enterprise & The Bailey News (NC)
The new COVID-19 relief bill is big - really big, as Barney Fife would say. It will provide $1.9 trillion of federal government spending to people, businesses, state and local governments and a variety of other institutions. This is in addition to $4 trillion of help approved last year.
The logic of this assistance is straightforward. Without the funding, many households would have been destitute, lacking the essentials for living. Also, many more businesses would have become bankrupt. Even with the help, some economists estimate the small business bankruptcy rate may reach 25%.