statement by President Herbert Hoover, Nov 1928

In Nov. 1928, Hoover gave a speech (accepting the Republican nomination) saying, in part:

“We in America today are nearer to the final triumph over poverty than ever before in the history of any land. The poorhouse is vanishing from among us. We have not yet reached the goal, but, given a chance to go forward with the policies of the last eight years, we shall soon with the help of God be in sight of the day when poverty will be banished from this nation.”

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2 Responses to statement by President Herbert Hoover, Nov 1928

  1. hamish says:

    I guess this was the first “great moderation” ….


  2. tmajor says:

    And now we have massive forced unemployment, underemployment, underpaid employment, and the largest welfare roll in history!

    Welcome to the North American Union!


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