Browsing Topic Best Recessions Quotes

In an economic recession, naturally, when you ask people to list their priorities, they’re going to place a higher priority on the immediate economic situation.

Did I recognize that there was anger or frustration in the American population? Of course I did. First of all, we had to fight back from the worst recession since the Great Depression, and I can guarantee you if your housing values have crashed and you’ve lost most of your pension and you’ve lost your job, you’re going to be pretty angry.

If there’s a recession, I’d buy stocks. That’s when you make money: when markets are spooked.

The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses.

Even when [Federal Reserve Chairman Ben] Bernanke said the recession was over … you think that would have been a bigger boom somewhere, but it seems we just take everything in stride.

Successful people save in prosperous times so they have a financial cushion in times of recession.

Our first goal is to stop the recession and start with recovery.

What I do believe absolutely is that in the middle of a recession, the American middle class and working class needs a tax relief.

If we face recession, we should not lay off employees; the company should sacrifice a profit. It’s management’s risk and management’s responsibility. Employees are not guilty; why should they suffer?

I have always believed that this idea of having a nation go through this very painful five or six years of continuous recession with high unemployment would be detrimental for the economy and the society.

The American people understand that it is grotesquely unfair – we are a society that prides itself on fairness, that prides itself on equal opportunity, and people are looking out and seeing, since the Great Recession of 2008, 99 percent of all new income going to the top 1 percent.

It is no mere coincidence that there is both an historic and a present relationship between community (people assisting each other) and a poverty of power due to financial recession.

Nobody’s profitable at this moment, because recession is on; advertising dollars are down, and expenses are way up. So that kind of belies the situation that you would expect, because the ratings are way up everywhere.

Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out – even if a country can print its own currency and write its own cheques.

Bond investors are the vampires of the investment world. They love decay, recession – anything that leads to low inflation and the protection of the real value of their loans.

There’s never a recession if you work for the government.

The Federal Reserve is not currently forecasting a recession.

State governments generate less revenue in a recession. As state leaders struggle to make up for lost revenue, legislatures tend to cut funding for higher education. Colleges, in turn, answer these funding cuts with tuition hikes.

Nevada was hit hardest by the recession – highest unemployment, highest foreclosure rate, highest bankruptcy rate.

Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That’s where they want to go.

When we were at peace, Democrats wanted to raise taxes. Now there’s a war, so Democrats want to raise taxes. When there was a surplus, Democrats wanted to raise taxes. Now that there is a mild recession, Democrats want to raise taxes.

The greatest gift that Michelle and I have received over the last eight years has been the honor of serving as your President and First Lady. Together, we fought our way back from the worst recession in 80 years, and got unemployment to a nine-year low.

Finally, in the Mississippi state Senate, earmarks are often hidden in bond bills, which I have voted against many times, because our bonded indebtedness is too high and we simply can’t afford it. For example, building museums in the middle of a recession makes little sense.

Earlier this week – this is crazy – the country’s first marijuana cafe opened up, which not only sells medical marijuana, but also has a restaurant where customers can eat. In a related story, the recession is over.

All of this talk of recession offends me. I am delighted that bankers have less money.

The last thing you want to do is raise taxes in the middle of the recession because that would just suck up and take more demand out of the economy and put businesses in a further hole.

Children are coming to school with trauma, everyday trauma, that they live under: violence in the homes, alcoholism in the community, unemployment thats 80 percent, not just during the recession. We need to help treat that before they can even go sit in a class and learn about math.

The economic recession in America wasn’t caused by bad luck; it was caused by bad Republican policies. But the Republican candidates are doubling down on the same flawed policies that led to the loss of 3.6 million jobs in the final months of 2008 and gravely affected middle class families across America.

The attacks on the World Trade Center and the current economic recession, which is particularly powerful in New York City, have put a number of building plans on hold for the time being.

The problem is, to have prices fall would work fine if we didn’t have all these built in rigidities on downward prices, because then things don’t adjust, and that’s how we have recessions and depressions, is prices and costs don’t adjust together and they get out of whack, and we end up with dislocations.

Sustainability requires that we demand enduring quality. Steve Strong has a slide presentation pointing out that much of Oxford was built 800 years ago. What are we building today that will be here 800 years from now? If something like that emerged from this recession, it would help justify the hardship so many people are currently experiencing.

In the recession people are going to be looking even more at what movie stars are wearing, as it provides a fantasy outlet.

When it comes to America’s economy, the truth is that Mitt Romney believes that the key to our country’s economic future lies in the failed policies of the past, the same ones that put banks before people, Wall Street before Main Street, plunging us into recession and devastating the middle class.

Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause our gross domestic product, which has been growing at an annual rate of around 2 percent, to fall at a rate of 2.9 percent in the first half of 2013.

Obama has paid and will continue to pay dearly for betting on his stimulus package. Because of it, the Bush recession is becoming the Obama recession much faster than it would have had he adopted a more gradual approach to solving economic problems. By jumping in immediately, as he did, in order to increase government spending and pass eight years of Democratic dreams in one day, he made the public expect a solution.