Inflation good, says Krugman. let's check the record

The blue line is the price deflator, otherwise known as general inflation.  The red line is growth.  Now 1980 was a mess, it was Republican defit spending, crash the economy time under the great Communist Reagan.  So lets look from 1992.
1992: Blue line above 2.5, inflation; result crash.
2001: Blue line above 2.5, crash
2004-2008, blue line above 2.5, crash.

Now lets look closer at 2011, Q2, just after the peak of the stimulus. Blue line almost 2.5, result, down turn in growth. That was when the stimulus put Illinois back into recession and Obama fired the Keynesians a little later.

That is 0 for 3 on Krugman's "inflation is good" theory.  I might mention that it is always Republicans who follow Krugman's advice, they always drive up government spending, deficits, inflation and crash the economy.

Obama sequestered, that worked.  Goldman Sachs and the debt cartel raised rates on government borrowing whenever Ben did the QE.  That worked. We survived Obamacare, so far. So we are out of the recession mainly because we booted the Keynesians from the White House.

Now two dangers threaten the economy,

• The Republican Communist Congress 
• The California Flounder has not yet fixed the pension system.

Sólo debemos volcar DC. Ambas partes son peligrosas, y California tiene que resolver las cosas por sí mismo.