Accelerationism was the most fundamental transformation of the Phillips approach into an expectational format. It hypothesized that inflation will become increasingly rapid in any maintained situation in which unemployment lies below some critical, or “natural,” rate.

You look nifty in that jacket.

The only responsibility and power of the Vice President under the Constitution is to faithfully count the electoral college votes as they have been cast. The Constitution does not empower the Vice President to alter in any way the votes that have been cast, either by rejecting certain of them or otherwise. How the Vice President discharges this constitutional obligation is not a question of his loyalty to the President any more than it would be a test of a President’s loyalty to his Vice President whether the President assented to the impeachment and prosecution of his Vice President for the commission of high crimes while in office. No President and no Vice President would—or should—consider either event as a test of political loyalty of one to the other. And if either did, he would have to accept that political loyalty must yield to constitutional obligation. Neither the President nor the Vice President has any higher loyalty than to the Constitution.

Tech[elles]. I heare them come, ſhall wee encounter them? Tam[burlaine]. Keep all your ſtandings, and not ſtir a foot, Myſelfe will bide the danger of the brunt.