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Great Depression Quotes

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I was born illegitimately and almost immediately, as I understand it, placed in an orphanage. So my very earliest memories were in an orphanage. It was the tag end of the Great Depression when I was born. People were desperately poor  (Great Depression Quotes) It’s almost worth the Great Depression to learn how little our big men know  (Great Depression Quotes) It took capitalism half a century to come back from the Great Depression  (Great Depression Quotes) World War II was really unusual, because America was in the Great Depression before. So the war did help the US economy to get securely out of this decline. This time, the war [in Iraq] is bad for the economy in both the short and long run. We could have spent trillions in research or education instead. This would have led to future productivity increases.  (Great Depression Quotes) My parents were children during the Great Depression of the 1930s, and it scarred them. Especially my father, who saw destitution in his Brooklyn, New York neighborhood; adults standing in so called ‘bread lines,’ children begging in the streets.  (Great Depression Quotes) Men and women whose early youth was shaped in the ordeal of the Great Depression showed the values formed in that crucible when tyranny threatened a world.  (Great Depression Quotes) From a generation that came of age during the Great Depression, millions of our country’s best and bravest took up arms in a worldwide struggle against tyranny.  (Great Depression Quotes) Unemployment is sky-rocketing; deflation is in our future for the first time since the Great Depression. I don’t care whose fault it is, it’s the truth.  (Great Depression Quotes) In the Great Depression, you bought something if you had the cash to buy it  (Great Depression Quotes) Market capitalism survived and prospered after the boom-bust industrial revolution of the 19th century, and the Great Depression and world wars of the 20th century. It will recover from the financial panic of 2008-09 and Obamanomics  (Great Depression Quotes) When I was in high school, I used to have breakfast with my grandpa every morning. He instilled a lot of values in me: hard work, loyalty. He grew up during the Great Depression in Philly in poverty - he didn’t have enough to eat as a kid. Sometimes his family would get kicked out of their apartment because they couldn’t pay the rent  (Great Depression Quotes) Well, I never lived through the Great Depression, sometimes I feel as though I did  (Great Depression Quotes) During the Great Depression, African Americans were faced with problems that were not unlike those experienced by the most disadvantaged groups in society. The Great Depression had a leveling effect, and all groups really experienced hard times: poor whites, poor blacks  (Great Depression Quotes) As a young man, I lived through the Great Depression, when banks failed and so many lost their jobs and homes and went hungry. I was fortunate to have a job at a canning factory that paid 25 cents an hour  (Great Depression Quotes) No one can possibly have lived through the Great Depression without being scarred by it. No amount of experience since the depression can convince someone who has lived through it that the world is safe economically  (Great Depression Quotes) The Recovery Act, which helped saved the economy and prevented us going into the Great Depression, was the largest investment in green technology, the largest investment in education. We rebuilt roads and bridges  (Great Depression Quotes) My parents survived the Great Depression and brought me up to live within my means, save some for tomorrow, share and don’t be greedy, work hard for the necessities in life knowing that money does not make you better or more important than anyone else. So, extravagance has been bred out of my DNA  (Great Depression Quotes) Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early 1930s were mostly three- to five-year ‘bullet’ loans, which did not amortize and were due in full at maturity  (Great Depression Quotes) My parents were both in the army for 20 years and then worked in government departments; but they had gone through the Great Depression and known lean times. They always remained extremely frugal and lived far below their means  (Great Depression Quotes) Facts are facts: No president since Franklin Delano Roosevelt in the Great Depression inherited a worse economy, bigger job losses or deeper problems from his predecessor. But President Obama is moving America forward, not back  (Great Depression Quotes) In the Great Depression, employment was not low because investment was low. Employment and investment were low because labor market institutions and industrial policies changed in a way that lowered normal employment  (Great Depression Quotes) What I find so interesting is, Herbert Hoover in August 1928 said no country in the world was closer to abolishing poverty than the United States. And then, of course, we had the Great Depression.  (Great Depression Quotes) Between the Great Depression and the 1970s, private business was viewed with suspicion even in most capitalist economies.Businesses were, so the story goes, seen as anti-social agents whose profit-seeking needed to be restrained for other, supposedly loftier, goals, such as justice, social harmony, protection of the weak and even national glory.  (Great Depression Quotes) One intriguing subplot of the economic crisis is the failure of most economists to predict it. Here we have the most spectacular economic and financial crisis in decades - possibly since the Great Depression - and the one group that spends most of its waking hours analyzing the economy basically missed it.  (Great Depression Quotes) I am, as it happens, a baby boomer, but not one who feels any broad-gauge nostalgia for the 60s and 70s. My attitude resembles that of my parents, who were born in the 20s and lived through the Great Depression and World War II.  (Great Depression Quotes) The smartest people in Indianapolis became teachers [during the Great Depression]. And, for once, there was something for women to do because teaching was regarded as a woman’s profession, like nursing. So the smartest women in town - Jesus, my women teachers were so exciting.  (Great Depression Quotes) We call for a green New Deal, like the New Deal that got us out of the Great Depression, but in this case focusing on green jobs to create 100% clean renewable energy by 2030, which is exactly what the science calls for.  (Great Depression Quotes) After clearing the land, planting the orchard, building the house and barn, and surviving the Great Depression, our father died suddenly one winter night when we were small, leaving us to learn about loss before we even knew its name.  (Great Depression Quotes) Burlesque thrived during the Great Depression, and by extension, so, too, did Gypsy [Rose Lee]. Men could no longer afford to pay $5.50 to see a show on Broadway, but they could scrape together $1.00 for a matinee at a burlesque house.  (Great Depression Quotes) My professional apprenticeship at Iowa State College from 1930 to 1943 could not have been better; the Great Depression made it so, and the talented younger economists at Ames during that period made it an exciting and profitable intellectual experience.  (Great Depression Quotes)
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