Everything's About Obscuring True State of Economy

Everything's About Obscuring True State of Economy
(AP Photo/Patrick Semansky, File)

Humans love round numbers, attaching cultural or other kinds of significance and meaning to them for as long as we’ve used numbers. Most of the time, reaching an even level is just mere coincidence; is there anything really special about turning 50, for example (I hope so)? How about Dow 35,000?

The US federal government’s gross national debt topped $30 trillion for the first time. You probably have already heard about it, this balance was widely reported practically everywhere because it was a nice round number, an especially enormous one on top.

 

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