Opinion

Some good end-of-the-year news. But will it last?

There’s been some good economic news as we end 2023.  Gas prices are down almost 60 cents per gallon since September. Thanksgiving meals were more affordable due to a 20% drop in turkey prices compared to 2022. The all-item inflation rate continues to moderate, and the Federal Reserve (the “Fed”) has not raised their key interest...

Michael L. Walden
Opinion

If inflation subsides, is everything OK?

Most surveys show inflation is one of the top issues in the country. For several months the inflation rate has been hovering just shy of double-digits on a year-over-year basis. But what if the Federal Reserve is successful in reducing the inflation rate? Does this mean we’re fine? What if, for example, this time next...

Michael L. Walden

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Opinion

No. 963 Is It Easy To Measure Progress?

With talk of recession in the air, we’re seeing more stories about whether households have really gotten ahead, economically speaking, in recent years. Some analysis shows the average household’s wages and income have actually retreated this decade. Some say this has been the situation for longer than three decades.

Michael L. Walden