from Robert Reich

Which GOP presidential hopeful delivered the following words?

“We have seen tax-and-tax, spend-and-spend reach a fantastic total greater than in all the previous … years of our Republic. … Beyond this plush curtain of tax and spend, three sinister spooks or ghosts are mixing poison for the American people. They are the shades of Mussolini, with his bureaucratic fascism; of Karl Marx, and his socialism; and of Lord Keynes, with his perpetual government spending, deficits, and inflation. And we added a new ideology of our own. That is government give-away programs.”
Hint: It wasn’t Ted Cruz, Scott Walker, Rand Paul, Rick Perry, Rick Santorum, Newt Gingrich, or Jeb Bush.

It was Herbert Hoover. Note that Hoover didn’t have a sterling record on the economy. When president, he presided over the Great Crash of 1929 and ushered in the Great Depression. By the time he was voted out of office in 1932, one in four Americans was unemployed. In the years since Hoover uttered these words, Republicans haven’t come up with a single new idea -- or even a new theme. And their economic record hasn't been sterling, either.

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