$40 Trillion and Counting: How the U.S. Got Hooked on Debt

A plain‑language tour of how U.S. public debt went from manageable to massive—and why it matters for your wallet.

Welcome to another MacroXX post. Today we’re looking at the U.S. public debt—and why it matters far beyond budget tables in Washington.

As regular readers know, MacroXX tries to turn complicated econo…