Word: spiralling
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These findings have policy implications. Keltner has noticed that so far, government and media types have portrayed the prospect of a Greater Depression as "something to be enormously fearful of." He says, "If you listen to these messages, this problem is framed as an abyss, a downward spiral...
...crazy about her. He encouraged her" in her bid for the Senate seat, one close associate says of Ted Kennedy's relationship with his niece. "But using him as an excuse, as though things were on the downward spiral, is not going to be O.K. with him ... This will get in the way of health reform" - by suggesting that a key legislator involved in putting the bill together may be incapacitated...
...most obvious commitment Obama wants to liquidate, of course, is the war in Iraq. But how can the U.S. draw down its troop levels without letting Iraq spiral out of control? The answer, at least in part, is to end another conflict: America's proxy war with Iran. Since Iran is the other big foreign power with influence in Baghdad, the U.S. needs its help to prevent Iraq from sliding back into anarchy as we withdraw. A better relationship with Iran might also make it easier to achieve calm--if not peace--between Israel and its two nonstate foes Hizballah...
...succeeded in reversing the economic death spiral, a friend told F.D.R., he would be remembered as America's greatest President. "And if I fail," replied Roosevelt, "I will be remembered as the last one." (See pictures of Barack Obama's nation of hope...
...that speed and size aren't important. We're in a death spiral: businesses are shedding workers at a record pace, which saps consumer spending, which leads to more layoffs, and so on. The public sector needs to get an awful lot of unemployed workers and equipment back to work ASAP. As Christina Romer, an expert on the Depression who will chair Obama's Council of Economic Advisers, warns in a new YouTube video, we can't "let that vicious cycle go all the way to the nightmare scenario." In fact, many Keynesian liberals have been dismissing the Obama proposal...