Quotes About Recession

These were the early Clinton years but the economy was still sucking an eighties cock...

There are more people at Obama's table offering ideas than there were five years ago, but when it came to facing up to the Republicans' threat to force a double-dip recession if they didn't get their millionaires' tax cut, they still amounted to nothing. And therein lies our fundamental problem.

We've been in a war and a recession. That's why acccent colors with yellow and purple are popular. They're optimistic and flirty and happy colors.

Some argue that now isn't the time to push the green agenda - that all efforts should be on preventing a serious recession. That is a false choice. It fails to recognise that climate change and our carbon reliance is part of problem - high fuel prices and food shortages due to poor crop yields compound today's financial difficulties.

Britain does not want a return to boom and bust.

The job numbers are positive. We've had more jobs created now than were lost during the recession. We're seeing that the creation, we're seeing those numbers not only grow but shift toward the private sector and shift toward full-time employment and these are all signs that the recovery is taking some hold but we're not out of woods.

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.

The financial crisis and the Great Recession left firms with excess capacity, reducing incentives to invest. If businesses expect slower growth to continue, that will also hold down investment.

I want to remind you right quick what this country has been through, and the challenges this economy had faced over the last three years. First, we went through a recession. That means we were going backwards.

In an economic system not rationally planned for human need, but developing fitfully, chaotically out of the profit motive, there seemed to be no way to avoid recurrent booms and slumps.

Europe's younger generation has only experienced austerity.

From the peak in 2007 to the trough in 2009, Americans lost $11 trillion of net worth for households and businesses.

Kids of the 1980s and 1990s have had a new, huge, financially catastrophic demand on their meager post-recession earnings, too: a trillion dollars of educational debt. About a quarter of Gen Xers who went to college took out loans to do so, compared with half of Millennials.

Hillary Clinton would raise taxes on so-called rich people, corporations, capital gains, financial transactions, and inheritance. Has there ever been an example where America has taxed its way into prosperity? Never. Trump has an economic-recovery-and-prosperity plan. Clinton has an austerity-recession plan.

At a time of economic recession, the need for Medicaid and other safety net services is even greater. And we don't want to raise taxes on people who are having a tough time paying their bills.

Recession tends to expose a company's competitive weaknesses, although the source of these weaknesses is often the result of management decisions or acts of omission during the previous boom phase.

People were buying two, three and four houses to be sold on and rented out. Then the money ran out. To this day you see a lot of what we call ghost estates around Ireland, which have not been finished.

First National Bank laid off 1,000 people; where do they go? There are no jobs for them. So we are having serious economic problems in this country. We are in a real economic crisis.

stock market as measured by the Dow did decrease 25% between 1969 and 1971

The biggest disappointment was that I wasn't able to communicate properly to the American people -- with the proper conviction and the proper ability -- where the country really stood. The pessimists, the naysayers, the change-wanters overwhelmed me, and I wasn't good enough. I wasn't articulate enough to have the country understand that we weren't in a recession, that we were in a rather booming economy in the last half of my Presidency. That was a personal shortcoming, a failure on my path.

When more and more people are thrown out of work, unemployment results.

When inflation begins to rise, that's a situation we know how to deal with. When the economy is not doing well, and we're stuck at zero, that's one we don't know so much about - or we know about it that it's bad.

At the end of the day, it's not a normal condition to have interest rates at zero.

Housing was ground zero for the Great Recession. Between early 2006 and Obama's inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half.