Some Timely Historical Observations

Today's Notable Quotes giving a historical perspective on our economy's direction~

• “The spring of 1930 marks the end of a period of grave concern…American business is steadily coming back to a normal level of prosperity.”– Julius Barnes, head of Hoover’s National Business Survey Conference, March 16, 1930
  
• “While the crash only took place six months ago, I am convinced we have now passed through the worst — and with continued unity of effort we shall rapidly recover. There has been no significant bank or industrial failure. That danger, too, is safely behind us.”– Herbert Hoover, May 1, 1930