Recessions Quotes - Page 2

• Everyone drinks more during a recession; they want to forget.

  Christian Audigier

  Want, Forget, Drink

  "Madonna loves Christian Audigier's label, but will we?" by Alice Fisher, www.theguardian.com. November 28, 2009.

  4 Copy quote

  Show source

• Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.

  Mark Zandi

  Creating, Credit, Today

  16 Copy quote

• The Fed was largely responsible for converting what might have been a garden-variety recession, although perhaps a fairly severe one, into a major catastrophe. Instead of using its powers to offset the depression, it presided over a decline in the quantity of money by one-third from 1929 to 1933 ... Far from the depression being a failure of the free-enterprise system, it was a tragic failure of government.

  Milton Friedman

  Garden, Government, Investing

  6 Copy quote

• Recessions are the best time to start a company. Companies fail. Others hold back capital. If you are willing to do the preparation and work, it is the best time to invest in yourself and start a business.

  Mark Cuban

  Business, Preparation, Failing

  Interview with Dave Golokhov, www.askmen.com.

  5 Copy quote

  Show source

• Never miss out on an opportunity like a good recession.

  Jack Welch

  Opportunity, Missing

  22 Copy quote

• We face a far greater risk of psychological depression than of economic recession.

  Todd G. Buchholz

  Risk, Economic Recession, Faces

  6 Copy quote

• A recession is when your neighbour has to tighten his belt. A depression is when you have to tighten your own belt. And a panic is when you have no belt to tighten and your pants fall down.

  Tommy Douglas

  Fall, Pants, Panic

  "Personal Quotes/ Biography". www.imdb.com.

  26 Copy quote

  Show source

• 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.

  Denise Juneau

  Children, Home, School

  45 Copy quote

• You don't run a business hoping you don't have a recession.

  Jamie Dimon

  Running, Banking

  "Jamie Dimon’s World" by Michael Martin, www.huffingtonpost.com. November 28, 2009.

  4 Copy quote

  Show source

• We haven't seen any African country talk about recession.

  Oscar N. Onyema

  Country, Growth, Havens

  5 Copy quote

• Americans don't think we should be raising taxes on anybody, especially in the middle of a recession.

  Mitch McConnell

  Thinking, Middle, Should

  "Obama: GOP Inaction Threatens Nuke Treaty". www.cbsnews.com. November 20, 2010.

  4 Copy quote

  Show source

• 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.

  William J. Clinton

  Risk, Debt, Finance

  Source: www.foxnews.com

  5 Copy quote

  Show source

• The plain fact is that recent college grads aren’t in massive pain. They suffered during the Great Recession like everyone else, but all told, they probably suffered a little less than most other groups.

  Kevin Drum

  Pain, College, Groups

  "In Which I Respond to My Critics About the Bernie Revolution" by Kevin Drum, www.motherjones.com. April 30, 2016.

  4 Copy quote

  Show source

• There are more people at Obama's table offering ideas than there were five years ago, but when it came to facing up to the Republicans' threat to force a double-dip recession if they didn't get their millionaires' tax cut, they still amounted to nothing. And therein lies our fundamental problem.

  Eric Alterman

  Lying, Cutting, Offering

  7 Copy quote

• The truth is that for those 86 long years when the Red Sox went without a World Series win, fans were not only in a recession, but trapped in a longstanding, deeply entrenched sports depression.

  Julianna Baggott

  Sports, Winning, Years

  4 Copy quote

• We escaped the last big bursting of a bubble - the dotcom bubble - with a relatively light U.S. recession. On that occasion, the world economy found its way back on track fairly quickly.

  Evan Davis

  Light, Track, Lasts

  4 Copy quote

• For years, we've grown dependant on American consumers as the world's spenders of last resort. They've kept Europe out of recession, allowed China to industrialise, and prevented global deflation. But at the same time, they've not been looking after their own futures.

  Evan Davis

  Years, Europe, World

  4 Copy quote

• According to the Bank of England the economy is growing too fast so interest rates must rise to counter the supposed inflationary threat. In lay terms, I interpret this to mean that people are working much harder, causing economic growth, and they're in danger of spending their money, which is what the recession-hit shops want them to do. But the Bank and the City seem to think this is wrong, and that if people work harder they should be punished by having their mortgages increased.

  Harry Enfield

  Mean, Hard Work, Thinking

  9 Copy quote

• Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.

  William Greider

  Half, Economic, Economy

  10 Copy quote

• Things are pretty good in Canada. We weathered the recession fairly well. And, of course, were up here up living here, we're watching American news and we're constantly saying, wow, it's not as bad as it is in the United States.

  Rick Mercer

  United States, News, Wow

  "Rick Mercer, Hot On The Canadian Campaign Trail". "Weekend Edition" with Scott Simon, www.npr.org. April 23, 2011.

  4 Copy quote

  Show source

• The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession.

  Mark Zandi

  Holiday, Payroll Tax, Numbers

  "A 40 Percent Chance of Economic Doom". Interview with Elizabeth Weingarten, www.slate.com. October 18, 2011.

  4 Copy quote

  Show source

• The way the recession has affected Hollywood, a lot of actors that had robust opportunities before in film no longer have such plum options, so cable has done a good job of becoming a happy medium for artists deemed film actors.

  Omari Hardwick

  Jobs, Artist, Opportunity

  4 Copy quote

• 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.

  Barack Obama

  Jobs, Fighting, Frustration

  Remarks by President Obama and Prime Minister Alexis Tsipras of Greece in Joint Press Conference, obamawhitehouse.archives.gov. November 15, 2016.

  8 Copy quote

  Show source

• America cannot afford a rally to restore sanity in the middle of a recession. Did you even consider how many panic-related jobs that might cost us in the fear-industrial complex?

  Stephen Colbert

  Jobs, America, Cost

  4 Copy quote

• 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?

  Akio Morita

  Responsibility, Sacrifice, Risk

  14 Copy quote