Feels like 1932

Scary stuff

The G.O.P. have this totally crackpot idea that cutting spending and other austerity measures will stimulate economic growth. That idea worked really well for Hoover and when Roosevelt tried it in 1937 the economy slid right back into the Depression.

Or they just want the economy to go hell in a handbasket so they can blame Obama which is about the only thing they can do successfully.