I appreciate Lovecraft, especially for the influence it had on other writers, on comics, tabletop and video games; and some of this stories are pretty good (e.g. The Color Out of Space, The Outsider). But it's really hard to swallow his racism and xenophobia, especially since as mentioned by others, it cannot simply be excused by saying he was "a man of his time". He was xenophobic even for his time.
"What if someone actually said that?" very quickly turns into people actually saying that. Arguably they already did.
I once saw a couple of guys looking at jeans, one of them picked up a pair of acid pink jeans, saying to his friend "Hey, do you think I could wear these ironically?"
It doesn't matter - If you like them then buy them, wear them. Wear them ironically, wear them seriously. At the end of the day you're still going to be a guy wearing pink jeans. Own that or don't.
Pretty short-sighted.
Because if not, I submit this comprehensive retort - “no yuo!”