In his acceptance of the Republican presidential nomination in 1928, Hoover declared confidence that

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Herbert Hoover, in his 1928 acceptance speech for the Republican presidential nomination, famously expressed optimism about the future, including the belief that the United States was close to winning the battle against poverty. This statement was made before the onset of the Great Depression, which ironically began during his presidency.

In His Acceptance of the Republican Presidential Nomination in 1928