Quotes About Recession

Basically, unless you're willing to write down debts and save the economy, you're going to have deflation and a steady drain in purchasing power - that is, shrinking markets.

Hope is the universal currency of a recession. Invest it wisely!

In the last recession, 99 percent of us have lost wealth, but did you know that the top 1 percent increased their wealth five times? It tells you they create recessions so they get wealthier.

Anyone who has followed the U.S. economy in recent years can tell you while corporate America and their wealthy executives have recovered from the last recession, middle-class families have not. About 95 percent of income gains between 2009 and 2012 went to the top one percent.

A temporary reduction in tax rates on individual incomes can be a powerful weapon against recession.

This economy is not getting better and the president's policies are the reason.

The rich did well under Obama's policies; it was the working class that got creamed. This was because the economy just wouldn't grow as it usually does.

So, for example, a country was into recession right after I was sworn in, a dot-com bust had taken place. Then the attacks of September the 11th, and then of course the great financial meltdown in the -the fundamental question facing any presidency is how do you deal with the hand you're dealt?

A devious spark lit through Al, making me smile. One way. It costs too much, he said. "There's no inflation in the ever-after, Al." Call it a recession then. One way.

It is no mere coincidence that there is both an historic and a present relationship between community (people assisting each other) and a poverty of power due to financial recession.

When kings fail to do their jobs and regulate the markets properly, it leads to loss of trust, dwindling credit and economic depression. That was the lesson taught by the Mississippi Bubble of 1719, and anyone who forgot it was reminded by the US housing bubble of 2007, and the ensuing credit crunch and recession.

As The Guardian put it, Sekulow came up with a plan, at the height of the recession, that pushed "poor and jobless people to donate money to his Christian nonprofit, which since 2000 has steered more than $60 million to Sekulow, his family and their businesses." The money has gone to companies controlled by his wife, sons, brother, sister-in-law, niece, and nephew.

There are only so many hours in the day, and chances are that if you have a successful career it's your job that takes up most of them. As the economy flourishes are we in the grip of an emotional recession? Have we made our jobs the primary relationships in our lives, settling for a so-so boyfriend because that's all we have the time to either find or maintain?

The big question about the American depression is not whether war with Germany and Japan ended it. It is why the Depression lasted until that war. From 1929 to 1940, from Hoover to Roosevelt, government intervention helped to make the Depression Great.

The received wisdom is that risk increases in the recession and falls in booms. In contrast, it may be more helpful to think of risk as increasing during upswings, as financial imbalances build up, and materializing in recessions.

justified the hyperbole. With the ongoing "war" approaching the ten-year mark, the U.S. economy shed a total of 7.9 million jobs in just three years.3 For only the second time since World War II, the official unemployment rate topped 10 percent. The

I think back a little bit when President Bush was elected President and what kind of economy he inherited from the Clinton administration. The economy was going down. It was not doing well.

Since President Bush took office, we have lost 3 million more good jobs.

Even if consumer confidence hit rock bottom, that most likely would not be enough, by itself, to cause a depression.

Making new products is an easy tap for a company in a recession.

I see nothing that points to a recession in Germany. But I see considerable long-term tasks ahead of us that have to do with markets regaining confidence in Europe and that have a lot to do with reducing debt.

In the middle of a recession no tax increase is justified because it kills jobs, and any tax increase is a job-killing measure and should be defeated.

Republicans are not going to play I-told-you-so, but it is pretty obvious that the tax reductions passed in 2003 helped Americans dig out of a recession and get back to work.

When we were at peace, Democrats wanted to raise taxes. Now there's a war, so Democrats want to raise taxes. When there was a surplus, Democrats wanted to raise taxes. Now that there is a mild recession, Democrats want to raise taxes.