Friday, July 31, 2015

Flashback: Herbert Hoover Increased Government Spending 67% , Making Him The Founder of The New Deal.


White House.gov has the data on federal deficits , tax revenues , and spending. You'll notice that Herbert Hoover increased federal spending every year he was President from $3.1 Billion to $4.65 Billion . Robert Reich , Paul Krugman , Chris Matthews and other statists tell you that Herbert Hoover cut federal spending during the depression. Is it lying or ignorance that keeps the outright lie going that Herbert Hoover cut spending during the Great Depression? Check out page 25 of the PDF. Was Herbert Hoover a big change from America's past concerning balancing the budget? Yes, he was. His predecessor , Calvin Coolidge balanced the budget every year and cut the national debt in half! When modern day liberals tell you about Herbert Hoover's austerity, tell them to look at the data down below and put down that crack pipe.
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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