if you like FDR's New Deal, you should like Hoover too

A little trinket I just discovered in dealing with an error from economist Paul Krugman in the NYT...

Describing the stimulus package, he said: “even as Washington tries to rescue the economy, the nation will be reeling from the actions of 50 Herbert Hoovers — state governors who are slashing spending in a time of recession.”

The problem-- aside from his analysis-- is quantitative: Hoover increased spending by 34% in nominal terms and 78% in real terms (controlling for deflation).

Not exactly "slashing"...