Recessions Quotes

The people that make this country work, the people who pay on their mortgages, the people getting up and going to work, striving in this recession to not participate in it, they're not the enemy. They're the people that hire you. They're the people that are going to give you a job. ~ Rush Limbaugh

To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is an understatement. Wall Street indexes predicted nine out of the last five recessions! And its mistakes were beauties. ~ Paul Samuelson

The great thing is, Internet allows you to create your own job, not just look for jobs other people are going to give you. And that, combined with the American spirit, I think, is going to help us come out of the recession faster than other countries. And I think it's going to help Africa come out of, you know, a century of slump. ~ Esther Dyson

Why shouldn't he? All life is just a progression toward and then a recession from one phrase
'I love you ~ F Scott Fitzgerald

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. ~ Ann Coulter

Woman for whom Botox and fillers are the norm don't feel dressed without it. It's like going to the hairdresser's for them. Also, famously, lipstick sales go up in a recession: you may not be able to afford the shoes and the dress but you are sure going to keep your lips pillow perfect. ~ Imogen Edwards-Jones

Everyone drinks more during a recession; they want to forget. ~ Christian Audigier

For years, we've grown dependant on American consumers as the world's spenders of last resort. They've kept Europe out of recession, allowed China to industrialise, and prevented global deflation. But at the same time, they've not been looking after their own futures. ~ Evan Davis

There's never a recession if you work for the government. ~ Ann Coulter

Rising unemployment and the recession have been the price that we have had to pay to get inflation down. That price is well worth paying. ~ Norman Lamont

If there's a recession, I'd buy stocks. That's when you make money: when markets are spooked. ~ Ben Stein

Although the recession is strong and although hard times await us in the next 2 or 3 months, Spain will continue to grow in the second quarter of 2009. ~ Jose Luis Rodriguez Zapatero

The bottom line for Canada is that Kyoto will precipitate a recession that will cause a permanent reduction in employment, income and the size of our economy. And if global warming is going to happen Kyoto will do nothing whatsoever to prevent it or even slow it down. Why are we still considering it? ~ Ross McKitrick

In the recession people are going to be looking even more at what movie stars are wearing, as it provides a fantasy outlet. ~ Cher

It's important to prepare audience for the worst in life. People come to forget their problems, and it's my job, right before I leave, to go, "Don't forget: You're going through a divorce and there's a recession." It's always good to end on a pensive note. ~ Eugene Mirman

I don't really feel McCain. It ain't just because Barack is black; he can make change. Just like Bush equals recession, Barack equals progression. ~ Young Jeezy

Not only does Hollywood make money - it seems to make better movies during recessions. I'm sure a lot of studio executives wish we could have one every year. ~ John Ridley

The stock market has predicted nine of the last five recessions. ~ Paul Samuelson

In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497. ~ Warren Buffett

Millionaires are just as patriotic as poor people. The very wealthy are just as noble and patriotic as the middle class. But nothing has been asked of them in this horrendous recession. And it's time we just ask. ~ Joe Biden

When it comes to America's economy, the truth is that Mitt Romney believes that the key to our country's economic future lies in the failed policies of the past, the same ones that put banks before people, Wall Street before Main Street, plunging us into recession and devastating the middle class. ~ Charlie Gonzalez

Nobody's profitable at this moment, because recession is on; advertising dollars are down, and expenses are way up. So that kind of belies the situation that you would expect, because the ratings are way up everywhere. ~ Brit Hume

In this time of recession, it is the time for invention. Did you know both the telephone and the automobile were invented during recessions? So was 'talking dirty.' ~ Eugene Mirman

You've heard of mental depression; this is a mental recession. ~ Phil Gramm

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. ~ James Buchan

I am upset and completely disappointed in the government, the millionaires and billionaires in the U.S. See what's happening to the country? Look at all the health problems, the economy, the recession and crime. ~ Maharishi Mahesh Yogi

A recession is very bad for publicly traded companies, but it's the best time for startups. When you have massive layoffs, there's more competition for available jobs, which means that an entrepreneur can hire freelancers at a lower cost. ~ Timothy Ferriss

The trade unions in the UK are campaigning around zero-hours contracts, which isn't about feminism, but it's a feminist issue. Women are affected by zero-hours contracts, and the recession has and is affecting women more than men. ~ Rachel Holmes

Canadians know that the promise of a recession didn't happen because of anything we did here. If you look at all the causes of the recession, problems in mortgage markets, the problems in the banking sector, the problems in government finance in countries like Greece, none of those problems were in present Canada. ~ Stephen Harper

The truth is that for those 86 long years when the Red Sox went without a World Series win, fans were not only in a recession, but trapped in a longstanding, deeply entrenched sports depression. ~ Julianna Baggott

Recessions are great because they unlock the best people. ~ Aaron Patzer

You don't run a business hoping you don't have a recession. ~ Jamie Dimon

A forecaster should almost never ignore data, especially when she is studying rare events like recessions or presidential elections, about which there isn't very much data to begin with. Ignoring data is often a tip-off that the forecaster is overconfident, or is overfitting her model - that she is interested in showing off rather than trying to be accurate. ~ Nate Silver

All of this talk of recession offends me. I am delighted that bankers have less money. ~ Chris O'Dowd

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. ~ Marsha Blackburn

One argument goes that recessions are good for female artists because when money flies out the window, women are allowed in the house. The other claims that when money ebbs, so do prospects for women. ~ Jerry Saltz

A recession doubles the necessity to be really focused on three or four tactics that can prove a return on investment. ~ David Gates

It ought to be obvious by now that our seemingly endless economic recessions are being deliberately orchestrated…. What are we to do about all of this? For Americans, it is obvious that we must honor the memory of JFK by finishing his work and finally ending the CIA. The only way to change our corrupt system is through revolution. Americans must march on Washington as they did for Obama's inauguration, but this time to remove all corrupt men and women from positions of power. ~ Francis Richard Conolly

So, in Europe, they're cutting people's retirement and health benefits. And that's what we want to avoid from happening. They're raising taxes, entering a recession. That's the kind of economic program that President Obama has put in place. ~ Paul Ryan

We haven't seen any African country talk about recession. ~ Oscar N. Onyema

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets. ~ Peter Lynch

History shows that tax increases during a recession are a recipe for greater unemployment and economic loss. ~ Pete Sessions

There is only a recession of the things that people don't want. ~ Mark Victor Hansen

Once supply begins to dwindle, the years to follow will see shortages that at best will cause global recession, possibly worse than the 1930s Great Depression, ... war, famine, pestilence and death. ~ Kenneth S. Deffeyes

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. ~ Jesse Ventura

Studying the martial Way is like climbing a cliff: keep going forward without rest. Resting is not permissible because it causes recessions to old adages of achievement. Persevering day in, day out improves techniques, but resting one day causes lapses. This must be prevented. ~ Mas Oyama

I believe very sincerely that we were extremely fortunate to have the recent recession while George Bush was President, just as we were very lucky that the recession of 1990 was under George H.W. Bush's presidency and the recession of 1981 was under Ronald Reagan. I think the fact that recessions tend to happen when Republicans are in the White House is a perfect example of God's divine providence. I've heard it said that the good Lord doesn't give you anything you can't handle, and maybe that's why he tries to always have us running things during economic downturns. ~ Jack Kimble

The fact is, there are Fortune 500 companies that have been founded during recessions. ~ Marianne Williamson

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. ~ Bill Mollison

What most Americans mean when they say "the end of the recession" is, "When will it be back to normal? When can we get jobs? When will the employment rate be back to 4 percent or 5 percent?" ~ Joseph Stiglitz

We escaped the last big bursting of a bubble - the dotcom bubble - with a relatively light U.S. recession. On that occasion, the world economy found its way back on track fairly quickly. ~ Evan Davis

We're still in a recession. We're not gonna be out of it for a while, but we will get out. ~ Warren Buffett

It's clear that the true problems of our Nation are much deeper - deeper than gasoline lines of energy shortages, deeper even than inflation or recession. And I realize more than ever that as President I need your help. So, I decided to reach out and listen to the voices of America. ~ Jimmy Carter

Boom and bust is a term that applied to the Conservative years and two of the worst recessions in history ~ Gordon Brown

In terms of the economy, look, I inherited a recession, I am ending on a recession. ~ George W. Bush

Things are pretty good in Canada. We weathered the recession fairly well. And, of course, were up here up living here, we're watching American news and we're constantly saying, wow, it's not as bad as it is in the United States. ~ Rick Mercer

What causes recessions? Many economists talk about the need for a consumer economy, but we can't have a consumer economy if people can't afford to consume, and the only way they can afford to consume over the long run is if they create new wealth to either consume at that time or to defer as investments for later consumption. Simply put, the best way to have a functioning economy is to focus on having a wealth-producing economy. But when wealth can't be created in spite of the need for such, the production of wealth has been artificially limited, and this artificial limitation is the root cause of business recessions. ~ Martin Adams

A recession is when your neighbour has to tighten his belt. A depression is when you have to tighten your own belt. And a panic is when you have no belt to tighten and your pants fall down. ~ Tommy Douglas

If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold. ~ Jeffrey Sachs

Around '75 when the recession hit, club owners started going to disco because it was cheaper for them to just buy a sound system than it was to hire a band. ~ Tommy Shaw

The US and Europe are committing suicide in different ways. In Europe it's austerity in the midst of recession and that's guaranteed to be a disaster. There's some resistance to that now. In the US, it's essentially off-shoring production and financialization and getting rid of superfluous population through incarceration. ~ Noam Chomsky

In the middle of a recession, where we're just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster. ~ Joe Biden

We've been in a war and a recession. That's why acccent colors with yellow and purple are popular. They're optimistic and flirty and happy colors. ~ David Bromstad

Increased revenues, meaning higher taxes, will be a central element of any successful long-term budget plan, and President Obama is right to insist that the wealthy - the slice of America that has come through the recession in by far the best financial health - should provide those funds. ~ Steven Rattner

You can't wake up looking for the recession. ~ Jenifer Lewis

The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it. ~ Mark Zandi

The recession is over. This phrase has been used twice a year since 1973 by government leaders throughout the West. Its meaning is unclear. See: Depression. ~ John Ralston Saul

In a recession, you must be able to call into question everything you've done before. ~ Francois-Henri Pinault

Funerals cost so much money, and are likely to be an additional source of stress in this recession - it's sad that we don't have a more humane, less commercialized way to approach burial. ~ Meghan O'Rourke

The ludicrous fever of toys struggling skyward, the sky itself more and more remote, the wind tearing the awning of cloud to tatters, pale limitless blue and green recessions laced with strands of scud, the light failing - once she would have noticed these things. ~ Samuel Beckett

The Federal Reserve is not currently forecasting a recession. ~ Ben Bernanke

History is fickle. We know that. The good and bad come around and go around, and go around again. There are recessions and depressions and economic boom and bust. ~ Rachel Nichols

He had forgotten how convincing the world could look, how sure of itself: its outlines and edges; it's gradations, recessions, protrusions; it's startling and vulgar colors. ~ Gregory Maguire

Canada is in budgetary deficit now only because of the recession, only because of stimulus measures, and we will come out of it. We will go back into surplus position when the economy recovers. So there is no need in Canada to raise taxes. ~ Stephen Harper

The quality of our journalism will make or break our industry, not the recession. ~ Rebekah Brooks

Recessions are the best time to start a company. Companies fail. Others hold back capital. If you are willing to do the preparation and work, it is the best time to invest in yourself and start a business. ~ Mark Cuban

Since my trips to Earth, I've only managed to assemble a few basics facts about humans, condensing them in to four, overall points: kids got Reese's, teens got recess, adults got recessions, and seniors got receding. ~ Tai

I've been a radio and television news person since I was 19 years old. I'm 57 years old now. But the advantage is that I have studied, investigated, and reported over those years on nearly every major story from wars and recessions to grass roots local issues. ~ George Noory

When women were excluded from New Deal programs, Eleanor Roosevelt fought to include them. Roosevelt was among a handful of leaders who realized the U.S. economy would not escape the depths of recession without the full contributions of women. ~ Lael Brainard

There was no blueprint or how-to manual for fixing a global financial meltdown, an auto crisis, two wars and a great recession, all at the same time. ~ Rahm Emanuel

Adam Smith's 'invisible hand' is not above sudden, disturbing, movements. Since its inception, capitalism has known slumps and recessions, bubble and froth; no one has yet dis-invented the business cycle, and probably no one will; and what Schumpeter famously called the 'gales of creative destruction' still roar mightily from time to time. To lament these things is ultimately to lament the bracing blast of freedom itself. ~ Margaret Thatcher

Europe is a strong market for the U.S. If it has problems, if there's a lack of consumer confidence, if there's a deeper recession, this will deeply affect jobs in the U.S. ~ George Papandreou

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. ~ Jeff Goodell

That was the thing about love, I'd discovered. It wasn't about having a blissfully wonderful relationship where everything was always sunshine and roses. No matter how pure and beautiful your love was, life could be cruel and ugly. It would throw things at your relationship when you were tired and broke. It would be strained and tested through the worst of storms. Real love, though, the kind that saw couples live through sixty years of World Wars and recessions and still let them stare at each other on their death bed with the same devotion that they felt on their wedding day, love like that, well, it lasted forever. ~ R.J. Prescott

I sense very little appetite for green efforts to persuade people to accept a frozen or declining standard of living for the sake of the environment. Recessions remind us that economic retreat or stagnation is painful, whatever the goal. ~ Matt Ridley

There is empirical evidence that leading brands that keep investing during recessions gain share. ~ Ken Kaess

Louisville, Colorado, which was just voted by CNN and Money magazine as the best place to live, is a veritable Whitopia that is unaffected by the housing crisis and even the severe recession. You look at the best places to live, according to Money's 2009 list, and 9 of the 10 are Whitopias. ~ Richard Benjamin

How is it having more control if we have a recession as the Bank of England and IFS say? ~ Sadiq Khan