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Quotes About Recession

I was a hard-times governor. I had to steer my state through the deepest recession since the 1930s. But hey, tough times don't last and tough people do. And can I tell you that Virginians are tough people? We are tough people.
~ Tim Kaine
If the program goes off track again due to recession, this should not become a pretext for the imposition of more austerity measures.
~ Antonis Samaras
We escaped the last big bursting of a bubble - the dotcom bubble - with a relatively light U.S. recession. On that occasion, the world economy found its way back on track fairly quickly.
~ Evan Davis
A recession is very bad for publicly traded companies, but it's the best time for startups. When you have massive layoffs, there's more competition for available jobs, which means that an entrepreneur can hire freelancers at a lower cost.
~ Tim Ferriss
Prior to the 2008 recession, many financial institutions were engaging in 'proprietary lending,' where a bank would invest funds for its own gain instead of earning revenue through commission by trading on behalf of clients.
~ Seth Moulton
Fares are higher [and] people don't travel as much. If they don't do that, it doesn't have the trickle down effect into the economy and the other sectors.
~ David Neeleman
Unemployment is sky-rocketing; deflation is in our future for the first time since the Great Depression. I don't care whose fault it is, it's the truth.
~ John Mellencamp
Wall St. Lays an Egg.
~ Sime Silverman
why shouldn't he? All life is just a progression toward and then a recession from one phrase-- 'I love you
~ F. Scott Fitzgerald
Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause our gross domestic product, which has been growing at an annual rate of around 2 percent, to fall at a rate of 2.9 percent in the first half of 2013.
~ Christina Romer
In all likelihood, a significant amount of time will be required to restore the nearly eight and a half million jobs that were lost nationwide over 2008 and 2009.
~ Ben Bernanke
Millennials are a very interesting generation for a lot of reasons. They're absolutely adorable, but they have some significant challenges. Their lives and their careers are delayed by about 10 years, partly because of the recession, also because of technology and also because of the way that they approach things.
~ Dana Perino
Foreclosures are a significant problem; they're an economic problem.
~ Henry Paulson
There is ideology and populism and then there's sheer madness of sending your country into a recession to prove a point no one understands.
~ Flavio Volpe
As sure as the spring will follow the winter, prosperity and economic growth will follow recession.
~ Bo Bennett
A government decision that slashes spending at the wrong time and sends a weak economy into a tailspin can be just as undisciplined as one that unleashes a wasteful spending spree in an overheated environment.
~ Peter Blair Henry
Pittsburgh is an underdog city because it's been in a recession for a really long time, since the steel industry collapsed, so it has this underdog mentality. Yeah, there are a lot of people who are conservative, but I also think they want to rally around their Pittsburgh people.
~ Alaska
In a recession, people want to be told for two hours that everything is going to be OK. They want to escape from their humdrum or painful reality into a feel-good drama, or a love story that transcends their daily life.
~ Alison Owen
We don't tell New Zealanders we can stop the global recession, because we can't. What we do tell them is we can use this time to transform the economy to make us stronger so that when the world starts growing again we can be running faster than other countries we compete with.
~ John Key
Many experts believe that a cholera-like pandemic looms. In a survey by the epidemiologist Larry Brilliant, 90 percent of epidemiologists said that a pandemic that will sicken 1 billion, kill up to 165 million, and trigger a global recession that could cost up to $3 trillion would occur sometime in the next two generations.
~ Sonia Shah
Recession, advertising slow-downs, media spin-offs, procurement department investigations, client globalization initiatives, fee-based remuneration schemes and holding company ownership added significant complexity to ad agency operations by 1990. The simplicity of the Golden Age and the Creative Revolution was long gone, whether recognized or not.
~ Michael Farmer
It was never mentioned at the time, but the widespread pursuit of shareholder value initiatives put marketing in the back seat among other strategic priorities. There were easier ways of growing the top- and bottom-lines than by gambling on marketing. Marketing was uncertain and difficult in the recession-prone, post-Golden-Age decades.
~ Michael Farmer
I finished school in 1981 when there was a recession on so there was not a lot of money around or work. I worked on building sites during that time and there were many people on the dole or always looking for work.
~ Sean Lock
The truth is that for those 86 long years when the Red Sox went without a World Series win, fans were not only in a recession, but trapped in a longstanding, deeply entrenched sports depression.
~ Julianna Baggott