Quotes About Downturn
There is a broad consensus, not only in the United States but in most of the world, that if you are in an economic downturn, you need to stimulate. Germany seems to be an exception.
~ Joseph Stiglitz
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During a coronavirus-induced downturn, families will be at greater risk for food insecurity, eviction, and job loss; kids will go hungry; food pantries and social-service organizations will come under more strain.
~ Annie Lowrey
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Eagle Pass seemed a town in decline.
~ Paul Theroux
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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
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What happened is we went into a recession beginning in December of 2007 that was the worst since 1929. And it is a very deep hole that we have been struggling to get out of.
~ Austan Goolsbee
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despite the decline in consumer spending brought on by the greatest economic downturn since World War II, the difference between jobs in manufacturing and in retail had reached nearly three million workers, a depressing reality of a failing economy where most new opportunities were low-paid, part-time positions to sell Chinese apparel and electronics bought on credit.
~ Vaclav Smil
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Up or down. We're you in an up or down?
~ David Levithan
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Let me put it very forcefully: No large economy has ever recovered from an economic downturn through austerity. It's not going to happen in the United States, and it's not going to happen in Europe.
~ Joseph Stiglitz
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A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market.
~ Ron Chernow
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Unsolvable problems do not exist. Any crisis is a combination of specific tasks to be worked on. The government has the experience and reserves to overcome the economic downturn
~ Dmitry Medvedev
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By 375 the occupancy of villas had fallen by a third, and in towns it had fallen by a half.
~ Unknown
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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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Everything that goes up must come down. But there comes a time when not everything that's down can come up.
~ George Burns
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Disinvestment has put economy in bad shape.
~ Unknown
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