Quotes About Recession

The impact of the downturn is starting to feel very real. House prices and the housing market have been taking the knock for some time and that's affecting people.

many of their supporters attribute the failure to "traitors"; belief in the effectiveness of institutions diminishes; and finally a post-populist recession causes demoralization, which leads to yet another enfeebling bout of populism. Some countries—Argentina is the paradigmatic example—seem unable to escape from such a spiral of mistrust, failure, and yet more mistrust.

There are no bloody jobs, Josie. You know that as well as I do. We're in the middle of a bloody recession.

It was birthright time, goddamnit. Though the recession was still hovering over the city, I didn't let it detour me. I began getting up at 5:00 a.m. and hustling over to the factories. Right on the entrance gate to the personnel office was a sign that read NO APPLICATIONS. Undaunted, I would stride forward. Don't play games with me, GM. My name is Hamper. Surely you remember that loyal, long-suffering clan. Just show me to my setup and everything will be fine.

had helped make the Depression as terrible as it was.

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.

The housing collapse and credit problems could feed on each other and fuel a more general downturn

which restricts the flow of credit, which makes the downturn deeper and more protracted.

and it might even be the key to preventing the economy from sliding back into recession.

Although austerity in the more troubled countries was probably unavoidable, given how indebted they were, it predictably pushed them deeper into recession.

it became a truly deep recession only after the panic reached its peak, in September and October 2008.

They remained basically flat through 2011 before starting to recover.

Even as the financial panic subsided in 2009, the damage done by the crisis became increasingly apparent.

The prospect of improvement in the economy was nowhere in sight.

I know it's hard to think of a $787 billion package as small, but its size must be compared with its objective of helping to arrest the deepest recession in seventy years in a $15 trillion U.S. economy.

which would lead to further weakening in housing,

delinquencies and defaults increased to levels not seen since the Depression,

If growth did not pick up enough to boost consumer and business confidence, the economy might tumble into a new recession.

Our problem is not adopting reforms, which we will do without question. It is not reaching an objective, which we will meet. But it is finding an end to the recession.

In the wake of the 2008 recession, Congress and the Obama Administration rightly focused financial regulation on protecting the nation's financial system from itself.

Labor force participation peaked in early 2000, so its decline began well before the Great Recession. A portion of that decline clearly relates to the aging of the baby boom generation. But the pace of decline accelerated with the recession.

The one plentiful herds of magazine writers would continue to be culled - by the Internet, by the recession, by the American public, who would rather watch TV or play video games or electronically inform friends that, like, 'rain sucks!' But there's no app for a bourbon buzz on a warm day in a cool, dark bar. The world will always want a drink.

I think the depressing litany of projections about World War Three and global Brexit recession we hear from the Remain side is not the sort of approach we should take into the future.

I think that capitalism in general is responsible, not for the worldwide recession, but for a lot of suffering, both in the United States and around the world.