Quotes About Recession

State governments generate less revenue in a recession. As state leaders struggle to make up for lost revenue, legislatures tend to cut funding for higher education. Colleges, in turn, answer these funding cuts with tuition hikes.

There is only a recession of the things that people don't want.

If Mr. Trump gets precisely the policies he says he wants, then the economy will suffer a recession.

Who gets rewarded, the central banker who avoids a recession or the one who comes to "correct" his predecessors' faults and happens to be there during some economic recovery? Who is more valuable, the politician who avoids a war or the one who starts a new one (and is lucky enough to win)?

Recessions are never good for anyone. A sputtering economy means miserable financial, emotional, and physical-health consequences for everyone from infants to retirees.

Beyond monetary policy, fiscal policy has traditionally played an important role in dealing with severe economic downturns.

Quite soon, the Rudd Government's attempts to stave off a recession by fiscal sugar hits and propping up uncompetitive businesses will come to seem like putting off the inevitable at unsustainable cost. The public, if not the government, will come to appreciate, in former British Prime Minister Jim Callaghan's words, that 'you can't spend your way out of a recession'. It

Since 1973, however, free-market theorists had re-emerged, vociferous and confident, to blame endemic economic recession and attendant woes upon 'big government' and the dead hand of taxation and planning that it placed upon national energies and initiative. In many places this rhetorical strategy was quite seductive to younger voters with no first-hand experience of the baneful consequences of such views the last time they had gained intellectual ascendancy, half a century before.

What is certainly clear is that again and again, countries, banks, individuals, and firms take on excessive debt in good times without enough awareness of the risks that will follow when the inevitable recession hits.

There are two things that happen when there is a recession. One, more people watch telly and two, people buy more raw foodstuffs, instead of processed foods.

Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go.

I personally believe that there's going to be a good case for the government preserving some type of guarantee to make sure that people have the ability to borrow to finance a house even in a very damaging recession. I think there's going to be a good case for that.

In the worst of our recession, bars were making money. Every bar can make money. If they're failing, it's not because of the president or Congress or Ukraine. It's because of them. And if you own failure, then you'll own success.

Once supply begins to dwindle, the years to follow will see shortages that at best will cause global recession, possibly worse than the 1930s Great Depression, ... war, famine, pestilence and death.

There was no blueprint or how-to manual for fixing a global financial meltdown, an auto crisis, two wars and a great recession, all at the same time.

Poverty is not the stepchild of the Great Recession; poverty has always been a part of American life.

recession after the latest flu pandemic,

The economy goes into a recession after the latest flu pandemic, prompting changes in the virtual worlds.

In the immediate postwar years, the whole of Europe was in a recession. So first of all, it helped us step out of a recession; it gave a certain amount of speed to the economy. But that was the first step.

We described the coronavirus crisis as more of a shock to the system as opposed to a full-blown recession which would spiral into a depression as the economy shut down.

Money and success haven't really changed my beliefs or opinions over the years. When I was growing up, my mum and dad split when I was 13 or 14, during the early-Nineties recession. At that time, my dad went bankrupt, and it played a huge part in it all at home.

You mean, business is slowing down?" She nodded. "Lots of my friends are out of a job now. People aren't working like they used to, and they don't want secretaries

inept or inflexible monetary policy in the wake of a sharp decline in asset prices can turn a correction into a recession and a recession into a depression.

This book is about the causes of our stationary state. It is inspired by Smith's insight that both stagnation and growth are in large measure the results of 'laws and institutions'. Its central thesis is that what was true of China in Smith's day is true of large parts of the Western world in our time. It is our laws and institutions that are the problem. The Great Recession is merely a symptom of a more profound Great Degeneration.