Quotes About Recession
modern terms, what Law was attempting could be described as reflation. The French economy had been in recession in 1716 and Law's expansion of the money supply with banknotes clearly did provide a much-needed stimulus.52
~ Niall Ferguson
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NASCAR is not immune to the down economy.
~ Brian France
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Stock market fall is fake because of greed of companies promoters. Reasons like GDP data. Inflation, Fed figures American stock market fall, slowdown, recession , Repo rate are all fabricated drama to loot public invested money
~ Lakshheish M Patel
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We've gotten tremendous support. Everybody now understands how critical it is to help small businesses get out of this recession and into recovery.
~ Karen Mills
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Britain in the 1970s was undoubtedly an economic mess because of the oil price explosion.
~ Barbara Castle
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In my view, if you have one in 10 unemployed - something is wrong with the economy whether you call it recession or not.
~ Amity Shlaes
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The 24% unemployment reached at the depths of the Great Depression was no picnic.
~ Barry Eichengreen
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Prices are going up. Unemployment continues to go up. And we have not had the necessary correction for the financial bubble created by our Federal Reserve system.
~ Ron Paul
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Nevada was hit hardest by the recession - highest unemployment, highest foreclosure rate, highest bankruptcy rate.
~ Brian Sandoval
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History shows that tax increases during a recession are a recipe for greater unemployment and economic loss.
~ Pete Sessions
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Typically, during recessionary times, particular groups suffer higher rates of unemployment -African Americans, and Latinos, and in some cases other minority groups. If you don't have a high level of training or education you're going to fall into that category.
~ Hilda Solis
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The tax relief package enacted in 2001 was central to pulling the economy out of the post 9-11 recession. It's the reason we've got low unemployment and have created more than two million jobs in the last year.
~ J. D. Hayworth
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Unemployment in Florida peaked at 11.2 percent in 2009, higher than the national average, and the state was a center for home foreclosures.
~ Andrew Ross Sorkin
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The recession's high unemployment rates may have encouraged people to start sole proprietorships, but there are many obstacles in the way of growing a company to create jobs.
~ Sam Graves
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A robust, sustainably funded unemployment insurance system is Connecticut's most important tool for keeping our families out of poverty and our economy in motion during a recession.
~ Ned Lamont
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The unemployment rate has effectively not gone down from where it was at the peak of the recession. The only reason it's gone technically from 10 percent to 8 percent is so many people are discouraged and have quit work.
~ Jim Talent
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During Governor Jennifer Granholm's administration, Michigan has experienced job losses, declining personal incomes, diminishing home values, and the highest unemployment rate in the nation.
~ Tim Walberg
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Unfortunately, in a recession, the people who suffer the most aren't the rich, but the wanna-be rich and the poor.
~ Robert Kiyosaki
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President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring.
~ Mark Zandi
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Though the National Bureau of Economic Research deemed the recession to have ended in June 2009, to most Americans, that conclusion seems not to square with reality.
~ Elaine Chao
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Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.
~ William Greider
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A normal recession disrupts people's lives, but a long recession destroys them. You lose output, prosperity, family stability, self-esteem, and many other qualities on what looks to be a semi-permanent basis.
~ Matthew Yglesias
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Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques.
~ Bill Gross
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Companies are always lobbying for special treatment, but during that recession a large number of them stepped up their pressure on the government for favors. They did so quite effectively—but at the expense of taxpayers and consumers, and to the rigged disadvantage of their competitors.
~ Charles G. Koch
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