Quotes About Recession

We must not let the panicky Wall Street wheeler-dealers and the Trump-hating establishment state media talk us into a recession. We must keep the focus on the real economy, not the fake economy.

Street protests in Saudi Arabia might warm our hearts, but they could easily lead to $250 a barrel oil and a global recession.

It's not all Obama's fault: His plans to rebuild America's energy infrastructure have been hampered by the recession, and his efforts on global warming have been stymied by Tea Party wackos and weak-kneed Democrats in Congress.

When President Obama entered the White House, the economy was in a free-fall. The auto industry: on its back. The banks: frozen up. More than three million Americans had already lost their jobs. And America's bravest, our men and women in uniform, were fighting what would soon be the longest wars in our history.

How often do police accidentally shoot and kill bankers who are committing financial crimes, stealing homes, and plunging the nation into economic instability and recession?

Up until the Depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion.

Surely, the best and most effective measure is to get the economy moving and shorten the period of recession or slowdown. That's the rationale for Gordon Brown's 'fiscal stimulus' and it sounds like a good one to me.

There may be a recession in stock prices, but not anything in the nature of a crash.

A standard of living is of the nature of habit. ...it acts almost solely to prevent recession from a scale of conspicuous expenditure that has once become habitual.

There are always, of course, job losses of a cyclical nature in a recession.

There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions.

The politics of austerity, of higher taxes, decided by governments, have lengthened the economic crisis.

market history shows that when there's economic blue sky, future returns are low, and when the economy is on the skids, future returns are high;

it is true that the recession has been made much worse by Downing Street since the Coalition took office. But what was actually needed was not Labour's cherished solution to every problem - more borrowing and spending that we couldn't afford. Instead there should have been a rapid transfer of money from unproductive areas, like pointless bureaucracy, into job-creating activities such as house and road building.

With the whole world in economic recession, a new approach was called for.

A default of the US government would not only be very harmful here, it would probably send the country back into deep recession, but it just might crash the international financial system.

I am worried that the collapse of home prices might turn out to be the most severe since the Great Depression.

While the banks got big bailouts, a sizeable chunk of African-American wealth evaporated because so many people lost homes.

We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20 trillion, I should say, worth of residential homes.

It's a recession when your neighbor loses his job; it's a depression when you lose yours.

When the housing market fell in Las Vegas, we got so many Rolex and Tag Heuer watches it was ridiculous.

You cannot spend your way out of recession or borrow your way out of debt.

Americans know that we cannot tax and spend our way out of a recession, yet Democrats can't grasp this simple fact.

We have been dealt a very weak hand by the financial market meltdown, bailouts, and recession. We can't act like it's a strong one.