Quotes About Recessions

JFK inherited three recessions from the Dwight D. Eisenhower years. And he wound up slashing tax rates across the board, for upper, middle and lower incomes as well as corporate investment. That's Kennedy the Democrat.

He had forgotten how convincing the world could look, how sure of itself: its outlines and edges; it's gradations, recessions, protrusions; it's startling and vulgar colors.

Fighting recessions and building public infrastructure, including care, health, and educational infrastructure - this should not be the work of citizens. When it is, let's acknowledge that's a tragedy.

The 90s was a difficult decade, with recessions in many transition countries and in emerging economies provoked by financial crises; and with continuing stagnation in Africa.

As capitalism matured, he predicted, we would see periodic recessions, an ever-growing dependence on technology and the growth of huge, quasi-monopolistic corporations, spreading their sticky tentacles all over the world in search of new markets to exploit.

What if, instead, central banks tackled such deep recessions by issuing new money directly to every household as windfall cash to be used specifically for paying down debts—an idea that has come to be known as 'People's QE'.52 Rather than inflating the price of bonds, which tends to benefit wealthy asset owners, this approach—which resembles a one-off tax rebate for all—would benefit indebted households.

In all modern depressions, recessions, or growth-correction, as variously they are called, we never miss the goods that are not produced. We miss only the opportunities for the labour - for the jobs - that are not provided.

The stock market has predicted nine out of the last five recessions.

Predicting recessions is indeed a dark art, but I think we are several years away from the next one.

How can you not be involved? These are your times, your world, even if those events are on the other side of it. And as for the narrative--you are a part of that, for better or for worse, whether the grey inexorable economic inevitabilities--recessions and recoveries and having less money or more--or the grand perilous global story.

Corporate profits are up fifty-five-fold since World War II, and the stock market is up sixtyfold. Four wars, nine recessions, eight presidents, and one impeachment didn't change that.

Not only does Hollywood make money - it seems to make better movies during recessions. I'm sure a lot of studio executives wish we could have one every year.