Herbert Hoover actually said...

Since that time employment has been slowly increasing and the situation is much better today than at that time.

Statement on Unemployment and Business Conditions.

03/06/1930

More Herbert Hoover Quotes

I have not given any great thought to that question.

I suppose we will spend $5 or $600,000 here in that direction.

They are showing great courage and initiative in this rehabilitation.

All together the situation is satisfactory and full of hope.