The Fed is a deliberate animal; it has always preferred to fail by not doing enough.
"I would prefer to fail with honour," says a character in Sophocles, "than win by cheating".
To quote our commenter lauerjeremy once more: in an aesthetic sense, "they prefer to fail, while thinking clearly, than to be absorbed in the blind romantic vision of life that has so benighted the lives of millions".
But maybe they are the losers precisely because they prefer to fail, while thinking clearly, than to be absorbed in the blind romantic vision of life that has so benighted the lives of millions, as it is so entrenched in their art politics.
His approval ratings drifted down in early 2010, as job growth weakened and "recovery summer" — a White House phrase that Mr. Obama's aides would now prefer to forget — failed to materialize.
Mask-balloon ventilation is to be preferred to a failed intubation effort; prehospital endotracheal intubation of children calls for an experienced physician.
To this, some top officials in the United Nations Monitoring, Verification and Inspection Commission, or Unmovic, add the suspicion that Washington hard-liners might prefer them to fail, so as to clear a path to a military showdown.
First Contact failed to do that, preferring to sate the voyeurism of non-Indigenous viewers instead.
The New York Herald Tribune failed to review either book, preferring to comment on Lew Ney himself, always a figure of public interest.
He prefers to fix the Iran nuclear deal, but if that fails, he is fine with nixing it.
The alternative on offer was another "miserable little compromise" – with MPs, not the people, electing a new head of state – and some republicans preferred to let it fail and wait for something better.
