Cochrane nails it

John Cochrane wonders why Krugman's advice always seems upside down.  Here we have government spending down and growth up.  The sequester worked, exactly as the centrist Dems planned it.  This is Bill Clinton redux.

One blemish, do you see the expansion of spending in the last two quarters of 2014?  That jump foretells a Republican spending binge.  It is up to Goldman Sachs to keep the Republicans from crashing the economy.  As we all know, Republican Communists always go on a deficit mongering spending binge and crash the economy.

Con la economía va bien, todos tememos una borrachera de gasto por los republicanos, que siempre choca la economía.