4 Herbert Hoover Quotes on Economics

Herbert Hoover quotes on economics

18. Our country has deliberately undertaken a great social and economic experiment, noble in motive and far-reaching in purpose.

19. With impressive proof on all sides of magnificent progress, no one can rightly deny the fundamental correctness of our economic system.

25. One of the oldest and perhaps the noblest of human aspirations has been the abolition of poverty. By poverty I mean the grinding by undernourishment, cold and ignorance and fear of old age of those who have the will to work. 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, and [sic] we shall soon with the help of God be in sight of the day when poverty will be banished from this Nation. There is no guarantee against poverty equal to a job for every man. That is the primary purpose of the economic policies we advocate.

37. No country can squander itself to prosperity on the ruin of its taxpayers.