Sounds like 2012.

President Harry S. Truman
October 13, 1948

Well, I have been studying the Republican Party for over 12 years at close hand in the Capital of the United States. And by this time, I have discovered where the Republicans stand on most of the major issues.

Since they won’t tell you themselves, I am going to tell you.

They approve of the American farmer-but they are willing to help him go broke.

They stand four-square for the American home–but not for housing.

They are strong for labor–but they are stronger for restricting labor’s rights.

They favor a minimum wage–the smaller the minimum the better.

They indorse educational opportunity for all–but they won’t spend money for teachers or for schools.

They think modern medical care and hospitals are fine–for people who can afford them.

…

They think the American standard of living is a fine thing–so long as it doesn’t spread to all the people.

And they admire the Government of the United States so much that they would like to buy it.

Now, my friends, that is the Wall Street Republican way of life. But there is another way–there is another way–the Democratic way, the way of the Democratic Party.

Of course, the Democratic Party is not perfect. Nobody ever said it was. …

full speech

(via Snopes)