Question Of The Day -- US Debt -- July 30, 2024

Locator: 48268US.

The US, for the first time, reaches $35 trillion in debt.

Story buried on business pages if reported at all.

Not talked about on CNBC.

Why not? Why is "nobody" talking about the US debt? Why does no one seem worried about US debt? 

Question of the day.

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Corollary

Is US spending "doing anything" for quality of life? Since 1951?

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Maybe This Is Where We Need To Start

And then there's the "brand name." Certainly the "US brand" is worth a few trillion dollars. One wonders if the total worth of the United States includes the dozen or so old Apple computers stored in the garage and never used any more. Certainly they have some resale value. No?

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US GDPNow

Link here.

July 26, 2024: 2.8% estimate for 3Q24.

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Comment

Maybe these are two questions that can be discussed some day.

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How Good We Have It

This is "the club" in Southlake, TX.

This is where Sophia is going this week for her chess camp.

Link here.