Economic Update

Banaian; Low Interest Rates to Continue [PODCAST]
St. Cloud State Economist and Dean, School of Public Affairs King Banaian joined me on WJON today. He indicates that he expects our current low interest rates to continue for the next 2 years. He says many people have refinanced their homes and can continue to do so.
Banaian; 2 Trillion to be Added to National Debt [PODCAST]
St. Cloud State Economist, Dean School of Public Affairs, King Banaian joined me on WJON today. King says the $600 extra unemployment dollars many have received over the last few months ended July 31. Democrats and Republicans have been debating extending the extra unemployment dollars with the de…
Banaian; Some Job Loses Could be Permanent [PODCAST]
St. Cloud State Economist and Dean, School of Public Affairs, King Banaian joined me on WJON today. He says the unemployment rate is likely to stay in the double digits through the rest of the year but he doesn't expect our financial problem to approach the levels of the depression.