FINANCE

Why the National Debt Should Worry Us All

USASun Aug 10 2025

The national debt is a hot topic, and for good reason. It's growing, and that's a problem we can't ignore. Mary Childs, a journalist from Planet Money, recently shared her thoughts on why we should be concerned about this issue.

A Panel Discussion

In a recent discussion, Childs joined a panel that included:

  • Felix Salmon
  • Elizabeth Spiers
  • Emily Peck

They talked about why the usual arguments against worrying about the national debt don't hold up anymore. It's not just about numbers on a page; it's about the real impact on our economy and future.

The Statistical Crisis

The conversation didn't stop there. They also dove into a statistical crisis that got worse when the head of the Bureau of Labor Statistics was fired after a jobs report that didn't sit well with the then-president, Donald Trump. This event raised questions about:

  • The independence of government agencies
  • The reliability of data

Tesla's Incentive Package

Lastly, they covered the massive incentive package Tesla gave to Elon Musk. This deal sparked a debate about:

  • Executive compensation
  • Its impact on company performance
  • Public perception

Podcast Details

The discussion was part of a podcast episode. For those interested in more, there's a Slate Plus episode titled "The Case for Public Radio."

Slate Plus members get access to:

  • Bonus episodes
  • Ad-free listening across all Slate podcasts

You can subscribe directly from the Slate Money show page on:

  • Apple Podcasts
  • Spotify

Or visit slate.com/moneyplus to get access wherever you listen.

The podcast was produced by:

  • Jessamine Molli
  • Cheyna Roth

questions

    If the national debt were a reality TV show, who would be the most dramatic contestant?
    How might different economic theories interpret the significance of the national debt?
    Is there a hidden agenda behind the timing of Trump firing the head of the Bureau of Labor Statistics?

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