Krugman has his head in the game of late. At least he is looking ahead.

PAUL KRUGMAN

Tracking the Coming Economic Storm

We really don’t want the Fed to do a Lee County.

Recently I wrote about the growing buzz from economists and businesspeople to the effect that the Federal Reserve, which has been trying to slow the economy to fight inflation, is braking too hard. Since then the buzz has intensified. And I’m increasingly convinced that, despite a disappointing inflation report and what still looks by some measures like a robust job market, the Fed is getting behind the curve.

Good, Paul. 

Keep thinking ahead about the people who are going to go flying head first through that windshield if the Feds slam on the brakes trying to take that curve.  Somebody's gonna have to clean that up.  Better to warn now what is coming, and to report honestly on the damage, so the lookey loo's don't slow us down gawking and expressing sadness over what they've seen in the years to come.

Let's try to take a different route and keep everything moving slower but more smoothly for everyone caught up in the jam out here.  Don't slam on the brakes, but don't go speeding up some damned fast in the future.  Not everybody's driving a big truck, SUV or a fast sportscar.  We're just trying to maintain what we got, safely for ourselves and others.  Don't price us out of the race, the good drivers.