Recessions Quotes - Page 11

• Once supply begins to dwindle, the years to follow will see shortages that at best will cause global recession, possibly worse than the 1930s Great Depression, ... war, famine, pestilence and death.

  Kenneth S. Deffeyes

  War, Years, Pestilence

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• 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.

  Christina Romer

  Fall, Turkeys, Office

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• Europe is a strong market for the U.S. If it has problems, if there's a lack of consumer confidence, if there's a deeper recession, this will deeply affect jobs in the U.S.

  George Papandreou

  Strong, Jobs, Europe

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• The trade unions in the UK are campaigning around zero-hours contracts, which isn't about feminism, but it's a feminist issue. Women are affected by zero-hours contracts, and the recession has and is affecting women more than men.

  Rachel Holmes

  Zero, Men, Issues

  Source: www.guernicamag.com

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• 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.

  Denis Hayes

  Strong, Years, Oxford

  "The Rumpus Interview with Earth Day organiser Denis Hayes". Interview with Melissa Price, therumpus.net. April 22, 2009.

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• In China anything less than 6% growth is a recession meaning that it also causes financial problems and it's disruptive and it's a problem.

  Ray Dalio

  Growth, Financial Problems, Causes

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• 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.

  Brit Hume

  Dollars, Down And, Way

  "PBS NewHour" with Terence Smith, www.pbs.org. January 31, 2002.

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• The tax relief package enacted in 2001 was central to pulling the economy out of the post 9-11 recession. It's the reason we've got low unemployment and have created more than two million jobs in the last year.

  J. D. Hayworth

  Jobs, Years, Two

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• The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it.

  Mark Zandi

  Strong, Government, Play

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• I feel like I've gone through stages with the industry; when I first started showing it was during the time of the recession, the economical situation meant fashion was suffering. But now the fashion business is back and booming, and I think it just encourages me to constantly set myself bigger and bigger challenges and reach new goals.

  Roksanda Ilincic

  Fashion, Thinking, Goal

  Source: www.interviewmagazine.com

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• I think the economic empowerment of women that has been growing over the past decade is at the 'inflection point' with this global recession. Women are, we believe, the solution for their families in their ability to go out and increase household income.

  Andrea Jung

  Believe, Past, Thinking

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• If you listen to the news, read the news, you'd think we were still in a recession. Well, we're not in a recession. We've had growth; people need to know that. They need to be more upbeat, more positive.

  Dan Quayle

  Thinking, People, Growth

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• I realized that the artists who managed to fight through this recession have a better shot at longevity than most. The recession was a test of your resolve and passion. I think as we come out of these rough times we will be more adept at survival and will have gained the skills necessary to make a long fruitful artistic career. There will still be those that fade away but we are more likely to grow and bend with the times and prosper.

  Mark Edward

  Passion, Fighting, Artist

  "Lessons From Old Art Magazines". markedwardadams.com. May 3, 2013.

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• If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession.

  Franklin Raines

  Cutting, Trying, Fierce

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• This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and stabilize.

  Timothy Geithner

  Business, Typical, Usual

  "Geithner's Speech to the Economic Club of Washington" by Timothy Geithner, www.realclearpolitics.com. April 22, 2009.

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• Rising unemployment and the recession have been the price that we have had to pay to get inflation down. That price is well worth paying.

  Norman Lamont

  Unemployment, Rising, Pay

  Norman Lamont during House of Commons Debates, www.publications.parliament.uk. May 16, 1991.

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

  Brian Tracy

  Successful, People, Financial

  Brian Tracy (2008). “Universal Laws of Success”, p.27, Jaico Publishing House

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• We haven't had a recession for 25 years in Australia. It's partly because of our trade with China. China's been doing relatively well. So some of the tensions around a low-wage economy haven't quite happened here in the same way as they have in the United States.

  Richard Glover

  Years, Australia, Way

  Source: www.npr.org

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• Studying the martial Way is like climbing a cliff: keep going forward without rest. Resting is not permissible because it causes recessions to old adages of achievement. Persevering day in, day out improves techniques, but resting one day causes lapses. This must be prevented.

  Mas Oyama

  Climbing, Achievement, One Day

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• In this time of recession, it is the time for invention. Did you know both the telephone and the automobile were invented during recessions? So was 'talking dirty.'

  Eugene Mirman

  Dirty, Talking, Funny Graduation

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• There may be a recession in stock prices, but not anything in the nature of a crash.

  Irving Fisher

  Depression, May, Crash

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• 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.

  Bill Maher

  Thinking, Over You, Said

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• The fact is, there are Fortune 500 companies that have been founded during recessions.

  Marianne Williamson

  Facts, Fortune, Company

  "A Conversation with Marianne Williamson: Powerful pioneer in new thought and spirituality". Interview with Maranda Pleasant, www.marandapleasantmedia.com.

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• Many Americans are feeling, you know, shut out, shut down, the great recession hasn't ended for too many Americans, wages are flat, families are struggling, not enough new jobs, or new businesses are being created, and it's important that we all try to figure out what we're going to do, and that's what I've done my entire life, fighting for a higher minimum wage, or family leave, now paid family leave which I believe in, equal pay for equal work.

  Hillary Clinton

  Jobs, Believe, Struggle

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• 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.

  Al Gore

  People, Priorities, Economic Recession

  "Gore talks climate change, jobs in an interview with NBC's Andrea Mitchell". www.nbcnews.com. December 9, 2009.

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