Questions: Society & Politics

I feel as though, current society coupled with the validation that social media provides most women, which ironically also leads to lower self esteem in women, has led to an increasing amount of women that exhibit narcissistic qualities such as vanity, a lack of empathy as seen in the lack of compassion many modern women have for men, superiority complex which is ultimately a sense of entitlement, and last but certainly not least, the avoidance of accountability which is perhaps the most noticeable and prevalent. I'm not sure how we got here, or if these observations are exclusive to women, but it is an observation that I'm curious to know of others have noticed as well. Please feel free to add in your two cents.

During the election I pointed out that handing the nomination to Harris would result in a Trump victory and I was attacked and smeared by fellow Democrats as MAGA, racist and sexist and informed my vote wasn't wanted. Fast forward post election I'm being blamed for Trump winning because I didn't vote. Maybe don't smear someone and tell them their vote isn't wanted then get mad when they don't vote.

FYI: Most economists will not even begin to ascribe credit or blame to a POTUS for an economy until a minimum of 18 months after they were inauguration when they truly have control of various policy levers and not what they inherited.

FYI #2: The mandate of the Federal reserve is for "full" employment and price stability; this means unemployment below 2.5% & headline inflation at/under 2%. (Includes volatile food & energy).

The Fed is closing out 2024 with a strong economy, inflation that is fading (albeit slowly), and a resilient job marketAs the Fed began cutting rates, many thought the U. S. dollar would also start to weaken from historically strong levels. That hasn’t happened: The dollar index, which measures the U. S. currency against a basket of major trading partners, is trading close to its highest level in more than two decades.

The Federal Reserve cut interest rates for the third time in 2024, and forecast half of a percentage point worth of rate cuts next year, suggesting that officials will make two quarter point reductions. Fed officials also lowered their forecasts for unemployment in 2025, and revised their forecasts for inflation in 2025 to 2.5 percent. That’s up from 2.1 percent when they last released them in September

As the Fed began cutting rates, many thought the U. S. dollar would also start to weaken from historically strong levels. That hasn’t happened: The dollar index, which measures the U. S. currency against a basket of major trading partners, is trading close to its highest level in more than two decades.