Picto Diary - 25 to 29 February 2024 - Hoover Overseers Meeting

Above: Popover. Neiman Marcus. Stanford Mall, Palo Alto, CA. 25 February 2024.

There remain some positives in California.

Above: Hoover Institution Overseers Retreat. Stanford, University. Palo Alto, CA. 26 February 2024.

Selected takeaways.
Global economic growth just under 1% with no reason to expect improvement anytime soon. Service economies (US) doing better than manufacturing economies (China, Germany). Growing world chaos threatens economies dependent on world trade.
Close to losing control on US debt. Top three government expenditures are Social Security, Medicare and debt... in that order. Next year interest expenditure on debt will move into second place. Cogan: We need to think long term. Put in place policies that enable 2.5% annual growth rate. Within three years debt to GDP ratio will start to turn south.

Above: Hoover Institution Overseers Retreat. Stanford, University. Palo Alto, CA. 27 February 2024.

Polling by Hoover is showing that Trump is not gaining much over time, but Biden is losing support gradually which is good for Trump.

Above: Dumbarton Bridge, connecting Fremont and Menlo Park, CA. 27 February 2024

Image looks SSW.

Above: West Jordan, UT from the air. 27 February 2024.

Above: Bishop's Office. Empire Lodge. Deer Valley, UT. 29 February 2024.
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Back to the office grind.