Crush Liberalism

Liberalism: Why think when you can “feel”?

Obama indicts himself and his policies by invoking Hoover

From the Historian In Chief:

So this competition for new jobs and businesses and middle-class security, that’s the race I know we can win. But you don’t win it by saying every American is on their own. We’re not going to win it if we just hand out more tax cuts to people who don’t need them, let companies play by their own rules without any restriction, and we just hope somehow that the success of the wealthiest few translates in the prosperity for everybody else.

We have tried that, by the way. We tried it for 10 years. It’s part of what got into the mess that we’re in. It doesn’t work. It didn’t work for Herbert Hoover, when it was called trickle-down economics during the Depression. It didn’t work between 2000 and 2008, and it won’t work today.

There’s just one problem with that…it’s not even remotely true.

Obama is dead wrong. Data from the White House’s own website shows that Hoover increased, rather than cut, spending in the Great Depression, and ran up deficits that were huge by historical standards.

As Ed points out, “Hoover’s spending policies look a lot like Obama’s.”  Hoovermania: Catch the fee-vuh!

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November 22, 2011 - Posted by | big government, economic ignorance, Obama, taxes

3 Comments »

  1. I don’t know, seemed to work pretty well for George Kaiser, Larry Page, Sergey Brin, Elon Musk, John Doerr and of course ex-CEO Jon Corzine, of whom Jon Stewart said was “the one man [who] could embody the corporate-government-industrial complex in all its clusterf***-itude”.

    Comment by Im_bonafide | November 23, 2011

  2. Ovomit is a scholar, remember? Of what is the question. He doesn’t seem to know much of anything on his own. Without TOTUS, he is lost in his own mind. This nonsense has to end soon. I’ve known dogs smarter than this guy.
    Liberalism is a mental disease.

    Comment by J. Guidry, Battlefield, MO. | November 24, 2011

  3. Liberalism is indeed a mental disease (it would seem). Here’s what I love… “…tax cuts for people who don’t need them.” Who gets to wield the power that determines who “needs” tax cuts, anyway? Ultimately, will it not be the determination of those who don’t have it? Convenient…
    I do like how he admits that gov’t regulation is “restriction” of business, though. Sure that was a mistake on his telemommy

    Comment by Kevin | November 27, 2011


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