Great Depression Quotes - Page 8

• Victimhood and a “can't do” spirit is what the Democratic Party has mostly been about since the Great Depression.

  Cal Thomas

  Party, Spirit, Victimhood

  "Learning lessons from the poor" by Cal Thomas, www.charlotteobserver.com. June 10, 2008.

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• It is no exaggeration to say that rising inequality has driven many of the 99 percent into a financial ditch. It also helped spawn the housing bubble that gave us the financial crisis of 2008, the lingering effects of which have forced many OWS protesters to try to launch their careers in by far the most inhospitable labor market we've seen since the Great Depression. Even those recent graduates who manage to find jobs will suffer a lifelong penalty in reduced wages.

  Robert H. Frank

  Jobs, Careers, Suffering

  Source: bobmorris.biz

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• A lot of the people in history who I really admire lived before the hyperinformation age we're living in. Even if they were governing or solving problems in consequential periods, like the Civil War or the world wars or the Great Depression or the Cold War, they had a period of time and space to actually think, to be private and you read their biographies, and they had time to think about what was happening and how to respond. I don't think human nature has changed in the last 50-150 years, but the stresses, the demands on those of us in public life have just exploded.

  Hillary Clinton

  Stress, War, Thinking

  Interview With Glenn Thrush, www.politico.com. April 6, 2016.

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• If you look at what happened, I came in the middle of the worst financial crisis since the Great Depression. And unlike Franklin Delano Roosevelt who waited, well, didn't take office until about three years into the Great Depression, it was happening just as I was elected.

  Barack Obama

  Years, Office, Three

  Source: abcnews.go.com

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• I think there is universal agreement within the economics profession that the decline - the sharp decline in the quantity of money played a very major role in producing the Great Depression.

  Milton Friedman

  Thinking, Agreement, Roles

  Source: www.pbs.org

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• Housing has always been a key to Great Resets. During the Great Depression and New Deal, the federal government created a new system of housing finance to usher in the era of suburbanization. We need an even more radical shift in housing today. Housing has consumed too much of our economic resources and distorted the economy. It has trapped people who are underwater on their mortgages or can't sell their homes. And in doing so has left the labor market unable to flexibly adjust to new economic realities.

  Richard Florida

  Home, Reality, People

  Source: bobmorris.biz

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• Our folks have a lot of passion. They're very concerned about the direction of the country and concerned the record debt and deficit and what it means for their kids, concerned about the economy and the fact that we're not getting back on track with the weakest economic recovery since the Great Depression. And at the end of the day, I think that's going to make the difference.

  Rob Portman

  Country, Passion, Recovery

  Source: www.realclearpolitics.com

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• We should recall that during the Second World War and the Great Depression there was an upsurge in popular, radical democracy. In all over the world. It took different forms, but it was there, everywhere. In Greece it was in the Greek revolution, and so on. And it had to be crushed. In countries like Greece, it was crushed by violence. In countries like Italy, where the US forces entered in 1943, it was crushed by attacking and destroying the anti-German partisans and restoring the traditional order.

  Noam Chomsky

  Country, War, Order

  Source: pennpoliticalreview.org

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• 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.

  Robert J. Samuelson

  Groups, Analyzing, Waking

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