Quotes About Downturn
A perfect storm is in the making: financial uncertainty, economic downturn, government cuts, rising unemployment and a future that looks less clear the more we try to fathom it.
~ Jonathan Sacks
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but always the prevailing trend was down.
~ Ben S. Bernanke
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The deepening slump was evident not only in government statistics but also in what we were hearing from business and community leaders around the country.
~ Ben S. Bernanke
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The housing collapse and credit problems could feed on each other and fuel a more general downturn
~ Ben S. Bernanke
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which restricts the flow of credit, which makes the downturn deeper and more protracted.
~ Ben S. Bernanke
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it became a truly deep recession only after the panic reached its peak, in September and October 2008.
~ Ben S. Bernanke
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The prospect of improvement in the economy was nowhere in sight.
~ Ben S. Bernanke
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We do see significant signs of a slowdown, in the economy worldwide.
~ Marek Belka
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In a period of economic downturn, the overwhelming instinct is to pare back, cut costs, and lay off. If you do that, do so with your strategy in mind. The worst mistake is to cut across the board. Instead, reconnect and recommit to a clear strategy that will distinguish yourself from others.
~ Michael Porter
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Benny's stories were more frequent in the days before the downturn, when we felt flush and secure. We were less mindful of being caught gathering. Then the downturn hit, our workload disappeared, and, though we had more time than ever to listen to Benny's stories, we were more conscious of being caught gathering, which was one indication that our workload had disappeared and that layoffs were necessary.
~ Joshua Ferris
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The evergreen story of people in debt becomes even sexier in an economic downturn, when debts inevitably get harder to pay.
~ Virginia Postrel
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In an ideal world, you raise a lot of money and then there is a downturn, before you start investing so you get better deals. But it doesn't always happen that way.
~ Naval Ravikant
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The Jets seem to be a franchise in freefall.
~ Ron Jaworski
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The President's political travel is going to get blamed (and probably rightly) for a share of this downturn.
~ Robert Teeter
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If we were to raise interest rates too steeply, and we were to trigger a downturn or contribute to a downturn, we have limited scope for responding, and it is an important reason for caution.
~ Janet Yellen
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Where you really get in trouble is if the market is dropping and the economy's slowing down and you don't take action.
~ Alan Mulally
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The most effective way to shake an economy out of a terrible downturn when we're at the zero lower bound is an aggressive change in policy that makes people wake up, say 'this is a new day' and change their expectations.
~ Christina Romer
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I managed Hewlett Packard through the worst technology downturn in 25 years, the dotcom bust.
~ Carly Fiorina
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stock market has gone to hell, and people have
~ Nelson DeMille
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Protectionism is a very real danger. It is understandable that in times of a severe downturn protectionist pressures mount but the lessons of history are clear. If we give in to protectionist pressures, we will only send the world into a downward spiral.
~ Manmohan Singh
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The 24% unemployment reached at the depths of the Great Depression was no picnic.
~ Barry Eichengreen
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Certainly, 9 percent unemployment and very slow growth is not a good situation.
~ Ben Bernanke
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The Poverty Tour provided the opportunity to meet many people who had been living paycheck to paycheck even before the economic downturn. To so quickly slide from the great middle into the underworld of the poor validated our suspicions that perhaps these citizens never really were bona fide, middle class Americans. Indeed, some economists assert that the middle class evaporated decades ago.
~ Cornel West
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We are going to innovate ourselves out of this downturn," Jobs declared in 2001 when the PC industry was in recession
~ Leander Kahney
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