Word: tractional
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...embraced a new name, coined by Catalan journalist Pau Arenós: "techno-emotional." The term was received with relief among some chefs desperate for a more lyrical description of what they did and derision among the better part of the food-writing community; this year, it got no traction at all. Instead, Adrià opted for 'scientific gastronomy,' while McGee, arguing that all cooking involves scientific processes, made a plea for plain and simple 'gastronomy...
...lost all traction...
...think we now know that monetary policy has lost all traction. We're putting our faith in fiscal policy...
...suppose the one thing is, thank God for Larry Summers, in the following sense: when monetary policy has lost all traction, then your only hope is fiscal policy. The danger with fiscal policy is that they'd do too little, because we've spent the last umpteen years saying we've got to keep our deficit under control. This is not the time to worry about that. Until [Summers] came along, I was struck by how modest all of the stimulus packages everyone was talking about were. He's sort of the [John] Maynard Keynes of today. He says...
...dramatically changed country. Unless we are vigilant, however, it will not cure the pathologies of our politics. As long as we continue to hand the real work of compromises, creativity, and difficult governance to later generations, we allow the true catastrophes to creep up on us, gaining traction in our denial...