This administration wants lower rates. Also this administration does everything it can to increase inflation such as tariffs and starting another endless war in the middle east.
The goal is to win the next election but I think the populace is to blame for this more than anything.
The populace is who is too interested in winning politics as a sport that the politicians have really no choice other than to focus entirely on winning the next election.
If the voters treat politics as a constant form of sports entertainment, constantly checking the latest news and events, then voters are actually the fundamental problem as to why the politicians can not do anything in terms of long term planning.
I always hear this accusation of people treating politics like sports, but what do you want? It's a FPTP system, which favors entrenching two parties. In order to maintain the backing (funding, importantly) of one of those two parties, candidates can't fall too far out of line. If you can't get your outsider preferred candidate above 50%, considering there is also likely another main-party candidate with significant policy overlap, you get nothing.
If you want to reduce the spectacle, replace FPTP with a better system that eliminates the need for primaries, and get rid of Citizens United. Good luck.
The one that seems to be working is to treat the system as two-round like the French presidential elections and do the work in the primaries. Worked for Mamdani.
It is essentially a (weird-ass) two-round system when it comes to the presidency (and many lower offices). Party primaries exist, they overwhelmingly gave one of the nominations to a dumpster.
aurareturn · · focus · HN ↗
DarkmSparks · · focus · HN ↗
Inflate away the $40Trillion+ debt they can never pay back
Or
Hard default on the debt, and be the one holding the hot potato as the union breaks up.
Fed is trying to thread the needle between the two and keep the music playing as long as possible.
grim_io · · focus · HN ↗
webern777 · · focus · HN ↗
The populace is who is too interested in winning politics as a sport that the politicians have really no choice other than to focus entirely on winning the next election.
If the voters treat politics as a constant form of sports entertainment, constantly checking the latest news and events, then voters are actually the fundamental problem as to why the politicians can not do anything in terms of long term planning.
duskdozer · · focus · HN ↗
If you want to reduce the spectacle, replace FPTP with a better system that eliminates the need for primaries, and get rid of Citizens United. Good luck.
pjc50 · · focus · HN ↗
vkou · · focus · HN ↗