Friday, May 08, 2015

Herbert Hoover: The Father of The New Deal and Prolonged Unbalanced Budgets


White House.gov has the data on federal budgets. You'll notice that Herbert Hoover increased federal spending every year he was President from $3.1 Billion to $4.65 Billion . No matter what Robert Reich , Paul Krugman , and other statists tell you. Is it lying or ignorance that keep the outright lie going that Herbert Hoover cut spending during the Great Depression? Check out page 25 of the PDF.
1929
3,127
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1930
3,320
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1931
3,577
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1932
4,659
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