When the Fed decides that inflation is too high, they have the tools, and they've shown historically that … - Paul Krugman

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[On Washington, D. C. :] There was no other city in the world where rumor fed upon itself so virulently. Whispers wiped out careers just as cholera destroyed its human victims.

Paul Krugman

When the Fed decides that inflation is too high, they have the tools, and they've shown historically that they have the will, to bring it down. And, it might be painful.

Tools, Down And, Might, High, Shown, Inflation

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There's nothing magic about spending on tanks and bombs rather than roads and bridges.

Bridges, Magic, Nothing, Roads, Spending, Tanks

And when the chickens that didn't hatch come home to roost, we will rue the day when, misled by sloppy accounting and rosy scenarios, we gave away the national nest egg.

Chickens, Eggs, Home, Misled, Nests, Scenarios

I admit it: I had fun watching right-wingers go wild as health reform finally became law.

Admit, Became, Fun, Law, Reform

There has been plenty to criticize about President Obama’s handling of the economy. Yet the overriding story of the past few years is not Mr. Obama’s mistakes but the scorched-earth opposition of Republicans, who have done everything they can to get in his way - and who now, having blocked the president’s policies, hope to win the White House by claiming that his policies have failed.

Mistake, Past, Story, White, Win, Winning

For decades the G. O. P. has won elections by appealing to social and racial divisions, only to turn after each victory to deregulation and tax cuts for the wealthy a process that reached its epitome when George W. Bush won re-election by posing as America's defender against gay married terrorists, then announced that he had a mandate to privatize Social Security.

America, Cutting, Gay, Posing, Social, Terrorists