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== Keynesian Economics and Stagflation ==
== Keynesian Economics and Stagflation ==
[[File:6a00d8341c60bf53ef011571a57670970b-500wi1.jpg|right|300px|thumb| [http://hotair.com/greenroom/archives/2009/07/19/the-anti-stimulus-in-pictures-any-questions/?print=1 ''Chart courtesy to Duane Lester''] ]]
[[File:6a00d8341c60bf53ef011571a57670970b-500wi1.jpg|right|300px|thumb| [http://hotair.com/greenroom/archives/2009/07/19/the-anti-stimulus-in-pictures-any-questions/?print=1 ''Chart courtesy of Duane Lester''] ]]
In February of 2010 the ''[[Washington Times]]'' reported:
In February of 2010 the ''[[Washington Times]]'' reported:
{{cquote|Prices rose 2.7 percent during 2009, according to the Bureau of Labor Statistics' recent update of the Consumer Price Index (CPI). This is a worrisome fact because last year's unemployment rate averaged more than 9 percent. This trend may signal a return of "stagflation," a merger of stagnation and [[inflation]].
{{cquote|Prices rose 2.7 percent during 2009, according to the Bureau of Labor Statistics' recent update of the Consumer Price Index (CPI). This is a worrisome fact because last year's unemployment rate averaged more than 9 percent. This trend may signal a return of "stagflation," a merger of stagnation and [[inflation]].