Quotes About Recession

The early-'80s recession was good for good restaurants, not least because it put bad ones out of business.

Flint is a big, industrial city. But when I was growing up, they had the recession, lead in the water, and all this other stuff. The city was really depleted.

I think poverty is the biggest challenge for Los Angeles and for many of our cities that have come back from the recession.

One of the defining experiences of my life came in the mid-1980s. After working for two years as a geologist in Colorado, I lost my job and my career during that long recession.

With every year that passes, the more we have to be careful not to forget the causes and consequences of the Great Recession.

Every time there is a recession, consumers will typically be more cautious, more conservative, take more time, and make more serious price-performance trade-offs.

Politics is not something most people have to do every day. Their daily lives are much more influenced by job opportunities, whether the country is in a recession or a boom period. If you really want to understand what drives American history, look at the economic... side.

I'm astonished at how quickly the Great Recession came and went.

Detroit's financial challenges - the decline of the American auto industry, the impact of the global economic recession, declining population, and an erosion of the municipal tax base - are key to understanding what led this great city to an inability to provide basic city services or to carry out the normal functions of a municipality.

History has shown that even in a recession, consumers go to shows.

Whenever there is a recession, the first sector that bounces back is technology services.

There is no question that the recovery from the global recession triggered by the 2008 financial crisis has been unusually lengthy and anemic.

The economy has barely recovered from the so-called 'Great Recession', with a 2 percent annual rate of growth since mid-2009. Peak worker wages, business investment, and productivity all occurred around the year 2000.

Hiking taxes on the so-called wealthy would help send us into a recession because so many small businesses report their income on individual tax returns. If taxes are raised, they will be less likely to be able to hire new workers and make new capital investments.

The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession.

I am optimistic about the Philippine future. Yes, the momentum is there. We have to compete in industry and tourism; we're still weak in industry. We're good in BPOs and sending workers abroad... I think the future looks good, unless there's a big recession in the world.

Throughout the Great Recession of 2008, the average 401(k) balance lost anywhere from 25 to 40 percent of value. Nobody was more harmed than baby boomers or recent retirees, who, unlike younger workers, didn't have the time for the market to rebound or were no longer contributing and therefore unable to invest when stocks were cheap.

Anytime there's a disruption in the supply chain, any time people cut back on spending, there will be a recession.

When you're in the depths of a recession, that isn't the time when people want to challenge the system, they're too busy trying to survive. It's when they're told we're coming out of a recession, growth is returning, and they're not seeing the benefits of it, or they're not seeing them quick enough.

the words on the paper im readin are blarin out at me loud an angrylike tellin me there's no end to the recession theres no jobs theres no peace theres no hope man an people wonder why i do what i do? an bums are bummin lights from me and babies are squintin up at me an my coffee is rupturing my gut bitterlike an i guess the world is kinda like the coffee sometimes – ill be suffering thru both tomorrow.

In times of recession there are massive opportunities and fortunes to be made, so for new up and coming entrepreneurs, this is the time to go and start a business.

Sometimes if your only approach is cutting spending at a time when the economy's contracting, then the economy will contract further.

The attacks on the World Trade Center and the current economic recession, which is particularly powerful in New York City, have put a number of building plans on hold for the time being.

We've suffered a "Ponzification" of the economy in recent years, as bubbles have built up and then burst, and each time we act as though it's the first time.