The other day when talking to a friend about the stimulus bill, another friend interrupted saying that we can't do nothing like Hoover did. I quickly replied that Hoover raised taxes and started a trade war (I didn't get into Hoover's pro-union pro-minimum wage stance since it is a bit more complicated entire books have been written on that subject). I am amazed that people still don't understand that important part of our history.
This reminds me of what Ronald Reagan said: "The trouble with our liberal friends is not that they're ignorant: It's just that they know so much that isn't so."
I just read this on Wikipedia: "Franklin D. Roosevelt blasted the Republican incumbent for spending and taxing too much, increasing national debt, raising tariffs and blocking trade, as well as placing millions on the dole of the government. Roosevelt attacked Hoover for "reckless and extravagant" spending, of thinking "that we ought to center control of everything in Washington as rapidly as possible," and of leading "the greatest spending administration in peacetime in all of history." Roosevelt's running mate, John Nance Garner, accused the Republican of "leading the country down the path of socialism"."
We are repeating history here. The Democrats, led by Barack Obama, attacked Bush and the Republican for spending too much and increasing the deficit and debt (which is true). Immediately upon taking power, just like FDR and the Democrats of those, Obama and the Democrats drastically increase spending and the size of the deficit, making Bush and the Republicans look "conservative" next to them.