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Recession Quotes

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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  (Recession Quotes) We’re still in a recession. We’re not gonna be out of it for a while, but we will get out  (Recession Quotes) In the last recession, 99 percent of us have lost wealth, but did you know that the top 1 percent increased their wealth five times? It tells you they create recessions so they get wealthier  (Recession Quotes) Recently released government economic statistics covering 2010, the first year of real recovery from the financial collapse of 2008, found that fully 93 percent of additional income gains coming out of the recession went straight into the wallets and purses of the top 1 percent  (Recession Quotes) No I don’t think it was a myth at all, anymore than what the recession that the whole country was experiencing was a myth, which obviously seems like it’s going to get worse and worse  (Recession Quotes) It was a recession when I graduated, but I was so unequipped to have a job anyway, I don’t think it would have mattered if the economy was booming. I think I was expecting bad jobs. But as it went on through my 20s, I began to wonder how things were going to turn out  (Recession Quotes) The other thing is quality of life; if you have a place where you can go and have a picnic with your family, it doesn’t matter if it’s a recession or not, you can include that in your quality of life  (Recession Quotes) I personally believe that there’s going to be a good case for the government preserving some type of guarantee to make sure that people have the ability to borrow to finance a house even in a very damaging recession. I think there’s going to be a good case for that  (Recession Quotes) Investing in auto companies and ensuring a financial collapse didn’t lead not from a recession to a great depression may not have been the most popular thing to do, but it was the right thing to do  (Recession Quotes) This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined  (Recession Quotes) I define a recession as when your neighbor loses his job, but a depression is when you lose your own  (Recession Quotes) In terms of the economy, look, I inherited a recession, I am ending on a recession  (Recession Quotes) People don’t walk away from their homes unless they can’t make the payments. That’s an indication that we are in a recession  (Recession Quotes) If the program goes off track again due to recession, this should not become a pretext for the imposition of more austerity measures  (Recession Quotes) I thought I would set the world on fire when I got out of college. I had done quite well in a field that was growing. Unfortunately, we got hit with a recession in 1981  (Recession Quotes) We went into a recession in 2008 because of gasoline prices. The bubble burst in housing because people couldn’t pay their mortgages because of $4 a gallon gasoline  (Recession Quotes) Republicans are not going to play I-told-you-so, but it is pretty obvious that the tax reductions passed in 2003 helped Americans dig out of a recession and get back to work  (Recession Quotes) I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board  (Recession Quotes) I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism  (Recession Quotes) The simple fact of the matter is, as I know everyone in this room knows, that the recession that this country faced when this President took office was the worst since the Great Depression  (Recession Quotes) I wouldn’t like Greece to stay recession. I do think that everything has to be undertaken to reconnect with growth  (Recession Quotes) What I do believe absolutely is that in the middle of a recession, the American middle class and working class needs a tax relief  (Recession Quotes) Recession doesn’t deserve the right to exist. There are just too many things to be done in science and engineering to be bogged down by temporary economic dislocations  (Recession Quotes) General welfare is a general condition - maybe sound currency is general welfare, maybe markets, maybe judicial system, maybe a national defense, but this is specific welfare. This justifies the whole welfare state - the military industrial complex, the welfare to foreigners, the welfare state that imprisons our people and impoverishes our people and gives us our recession  (Recession Quotes) The risk is that as we come out of this recession, we’ll have so much debt to finance, we’ll either have to have inflation or very high interest rates to continue to borrow the money, or both. That’s a risk  (Recession Quotes) The US and Europe are committing suicide in different ways. In Europe it’s austerity in the midst of recession and that’s guaranteed to be a disaster. There’s some resistance to that now. In the US, it’s essentially off-shoring production and financialization and getting rid of superfluous population through incarceration  (Recession Quotes) I grew up in a council house in a poor Scottish town. I came of age during the recession of the mid-1980s when unemployment in my area reached 40 per cent.  (Recession Quotes) Republicans are not going to play I-told-you-so, but it is pretty obvious that the tax reductions passed in 2003 helped Americans dig out of a recession and get back to work.  (Recession Quotes) It was a recession when I graduated, but I was so unequipped to have a job anyway, I don’t think it would have mattered if the economy was booming. I think I was expecting bad jobs. But as it went on through my 20s, I began to wonder how things were going to turn out.  (Recession Quotes) The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall stability of the U.S. economy, although it did lead to the beginning of a recession at the end of 2007.  (Recession Quotes)
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