Quotes About Economy

Around '75 when the recession hit, club owners started going to disco because it was cheaper for them to just buy a sound system than it was to hire a band.

We got into a recession because the global economy went into the recession and we're a big exporting nation.

Expansions do not die of old age. The probability of recession in the following year is the same for a three-year-old expansion as it is for a five- or six-year-old expansion.

A government can't cut its way out of a recession any more than you can dig yourself out of a hole.

People stop buying things, and that is how you turn a slowdown into a recession.

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.

And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.

Canadians know that the promise of a recession didn't happen because of anything we did here. If you look at all the causes of the recession, problems in mortgage markets, the problems in the banking sector, the problems in government finance in countries like Greece, none of those problems were in present Canada.

We have not recovered all that we lost in the Bush recession. That's why we need to continue to move forward.

So when folks talk about the deficit and leaving the deficit for our children, we will never get out of debt had this country until people get back to work, until they have good-paying jobs, and in between times, we will not move this economy forward until we are helping people be able to keep going in this recession.

Clearly, high energy prices will have a large negative effect on the California economy and could possibly drag the rest of the nation into a recession.

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.

Ironically, for the mega-rich, recession brings with it the ability to live well at a lower cost and with less of a hassle.

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.

A recession is predominantly for the middle class. Where I come from, the majority of people have always lived in a recession.

Long periods of recession, which tend to be self-perpetuating, are usually ended by war, or by preparations for it.

People don't walk away from their homes unless they can't make the payments. That's an indication that we are in a recession.

New York never felt the recession. New York never felt a depression.

It is well documented that brands that increase advertising during a recession, when competitors are cutting back, can improve market share and return on investment at lower cost than during good economic times.

The early-'80s recession was good for good restaurants, not least because it put bad ones out of business.

With every year that passes, the more we have to be careful not to forget the causes and consequences of the Great Recession.

I'm astonished at how quickly the Great Recession came and went.

Aggressive government spending during the Great Recession was absolutely necessary.

History has shown that even in a recession, consumers go to shows.