Quotes About Recession

Privatization of government enterprises can't be a solution to the problem of economic recession and rather it is most likely to further deteriorate the unemployment situation & vitiate the business growth condition.

The beginning of massive construction & Infrastructure development is the best solution to revive the sagging industries across the sector and bring out the nation from the clutches of economic recession.

The solution to the problem of economic recession of the nation is mass employment generation for the population and not mechanization as being done by almost all organization for mass production & profit

The ten crore population of a province/state or nation reeling under severe economic recession needs the ten lakhs employment generation in a year, not in ten years

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.

The financial and economic crash of 2008, the worst in over 75 years, is a major geopolitical setback for the United States and Europe.

Nihilism. It is ambiguous: A. Nihilism as a sign of increased power of the spirit: as active nihilism. B. Nihilism as decline and recession of the power of the spirit: as passive nihilism.

As sure as the spring will follow the winter, prosperity and economic growth will follow recession.

Going into 2010, we didn't expect the consumer pullback that happened. We all thought that the theory that concerts are recession-proof was true.

Keynes's contribution was not just to advocate spending government money in the middle of a recession. Every government had done that going back to the days of the Irish potato famine. What he gave to us was a way of thinking about the magnitude and the dimensions and so forth.

The bull market, rising prices, earning lots of money, make it seem as if the good days will never end. When prices are falling and there is a recession, that also feels as though it will last for ever. Politics is the same. People simply can't imagine changing circumstances.

Austerity policy without currency devaluation can only hamper economic growth.

I think the economic empowerment of women that has been growing over the past decade is at the 'inflection point' with this global recession. Women are, we believe, the solution for their families in their ability to go out and increase household income.

It was a recession when I graduated, but I was so unequipped to have a job anyway, I don't think it would have mattered if the economy was booming. I think I was expecting bad jobs. But as it went on through my 20s, I began to wonder how things were going to turn out.

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.

Does anybody remember, back in the depths of the recession of 1981-82, how President Reagan kept his chin up and exhorted American businesses to work hard and produce an economic recovery?

Within a few months in 2008, household finances were crushed as asset values fell, millions of jobs were lost, countless credit cards were canceled, and thousands of homes were foreclosed on.

They were the darkest of times, the years following the crash of the stock market in 1929. Thousands of people across the United States were cast out of their Jobs, off their farms, out of their homes and apartments, and into the crushing depths of poverty.

The collapse of the housing bubble sent the world spiraling into recession. The collapse of the energy and commodity bubble threatens to be just as damaging.

This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.

I graduated in 2009, which - if you think back to where the economy was at that time - was an interesting time to graduate.

Recession always encourages entrepreneurialism and innovation. It does that every time because when people have no options they look at other things.

Like many places across the country, Wisconsin lost more than 100,000 jobs from 2008 to 2010. Unemployment during that time topped out at over 9%.