The two parties in the United States are still fighting each other. Will the Federal Reserve's big move to save the market really work? Why did Besant ignore the fire in his backyard and start to slander China instead?
The U.S. government shutdown has entered its third week. Why? To put it bluntly, it's still the old contradiction between the two parties, both want to Take the government shutdown and force the other party to listen to themselves on the budget.Speaking of this, the trick was commonly used by the Republicans during Biden's reign, and is now just a new show, but this could be the longest government shutdown in U.S. history.
The reason this time will be so bad is that Democrats are forced to postpone the subsidies to the Parity Health Act, saying it is a livelihood, otherwise it will lead to millions of people losing health insurance; Republicans are not willing to buy bills, and House Speaker Johnson in turn blames the Democrats, saying they are making money for the welfare of ordinary Americans.None of the two sides let anyone, the result is the government "break food", more than 800,000 federal employees are forced to leave unpaid, national parks are closed, flights are delayed because the aircraft man is not large enough, people's livelihoods are affected very seriously. Instead, it looks like some politicians are calculated.President Trump has publicly said that the "shutdown" is a good thing, and he can take the opportunity to clear the legacy of many Democratic parties. The White House has even been exposed, intending to use this shutdown to massively cut federal employees, and there are voices saying, to cut the Democrats first.
American politicians fight, and the American economy suffers.Data showed that the White House was shut down for a week and the U.S. GDP lost $15 billion.If delayed until November, more than 40,000 unemployed people are expected to be added. This internal friction finally forced the Federal Reserve to rescue the market.
Fed Chairman Powell recently made two big tricks: First, it is likely that the rate will return at the end of October. Rate cut by 0.25 percentage pointsSecond, in the next few months No longer withdraw funds from the market. So what are the functions of these two moves?First of all, to say interest rates, now the U.S. job market is red light, enterprises crazy people, unemployment rate has risen to new highs, At this time, reducing interest rates is reducing the cost of borrowing money from banks, encouraging companies to hire people, and spending money.As for not returning money to the cage market, this is essentially Byining sufficient liquidity, to reduce the cost of financing of society.To be honest, these two tricks are roughly the same number of routes.Interest reduction and suspension of market funds, at most only to ease short-term liquidity, can be stopped and not ended, Congress is still striking, U.S. enterprise orders are reduced, people do not dare to consume these sources of problems are completely unresolved.
Just when the United States' own economy was almost overwhelming, Treasury Secretary Bessent suddenly jumped out and knocked the hat on China, saying that we engaged in rare earth controls is “against the whole world.”This is logically, it is impossible to say, China in accordance with the law to implement the management of rare-earth exports, compliance application as usual and approval, where comes the "confrontation"? It increases China's high-tech products layer by layer and threatens to increase three-digit tariffs at every turn. Isn't this more like challenging the global trade order?Ironically, Bessent's own position is very shaking. In the past few days, he also followed Trump's cry to raise taxes on China, and the result was a fall in the U.S. stock, and he immediately changed his mouth to say "not necessarily really implemented", such a message that has lost the professionalism of the finance minister of the great country.
Anyone with discerning eyes can see that what Besent's performance exposed was the United States '"hegemonic anxiety": The domestic two parties struggle not more than to stop the economy a day to lose blood, the US Federal Reserve rescue market is like a shoe.But the world can see clearly that even British media say that this round of tensions was provoked by the United States. In the final analysis, the most important thing for the United States to do now is not to blame the world, but to clean up its own mess first: get federal employees paid, implement health care policies, and put politics back on the track of solving problems. Random hats can't solve the government shutdown, and suppressing China can't save the American economy.