The 1930 State of the Union Address was given by the 31st United States president, Herbert Hoover, on Tuesday, December 2, 1930. Soon the

Great Depression The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio ...

began, and many people became poor. It was his second State of the Union Address to the 71st United States Congress. Key passages: *"During the past 12 months, we have suffered from other nations from economic depression." *"The origins of this depression lie to some extent within our own borders, through a speculative period which diverted capital and energy into speculation rather than constructive enterprise. Had over-speculation in securities been the only force operating, we should have seen recovery many months ago, as these particular dislocations have generally readjusted themselves."

References

{{Herbert Hoover State of the Union addresses Presidency of Herbert Hoover 71st United States Congress State of the Union Address State of the Union Address State of the Union Address State of the Union Address December 1930 events

State of the Union The State of the Union Address (sometimes abbreviated to SOTU) is an annual message delivered by the president of the United States to a joint session of the United States Congress near the beginning of each calendar year on the current conditio ...