Top 100 Quotes About Recession
#1. Recession is when a neighbor loses his job. Depression is when you lose yours.
Ronald Reagan
#2. 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
#3. When George Bush finally leaves the White House, the satire industry will briefly join the rest of the economy in recession. It will certainly be the end of an era.
Rory Bremner
#4. Earlier this week - this is crazy - the country's first marijuana cafe opened up, which not only sells medical marijuana, but also has a restaurant where customers can eat. In a related story, the recession is over.
Conan O'Brien
#5. 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.
Angela Merkel
#7. If there's a recession, I'd buy stocks. That's when you make money: when markets are spooked.
Ben Stein
#8. A normal recession disrupts people's lives, but a long recession destroys them. You lose output, prosperity, family stability, self-esteem, and many other qualities on what looks to be a semi-permanent basis.
Matthew Yglesias
#9. A recession doubles the necessity to be really focused on three or four tactics that can prove a return on investment.
David Gates
#10. Ironically, for the mega-rich, recession brings with it the ability to live well at a lower cost and with less of a hassle.
Jamie Johnson
#11. I think the depressing litany of projections about World War Three and global Brexit recession we hear from the Remain side is not the sort of approach we should take into the future.
Michael Gove
#12. Recession-resistant development produces things people need. Unsustainable growth churns out tinsel products that consumers have to be seduced into buying - until times get tough, when they quickly give them up.
Donella Meadows
#13. There are more people at Obama's table offering ideas than there were five years ago, but when it came to facing up to the Republicans' threat to force a double-dip recession if they didn't get their millionaires' tax cut, they still amounted to nothing. And therein lies our fundamental problem.
Eric Alterman
#14. A level of anxiety and tension and outright fear that so many people have felt, not only during the recession but during this slow economic recovery since. This made me very much want to up the conversation about how miracle-minded thinking applies to that area of life.
Marianne Williamson
#15. 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.
Richard Branson
#16. In our film business, they say it's recession-proof, but there's no such thing. I think what it's done is there's been an increase in demand for high-quality product. If you understand the business side of it, there's a way to balance it.
Sandra Bullock
#17. Recession is when your neighbor loses his job. Depression is when you lose yours. And recovery is when Jimmy Carter loses his.
Ronald Reagan
#18. The 1980s was a time of the great recession of interactive entertainment. When Atari fell in 1982, until Nintendo launched its console, video games were an outcast for five years.
Bing Gordon
#19. Hope is the universal currency of a recession. Invest it wisely!
Paul Guildea
#20. People stop buying things, and that is how you turn a slowdown into a recession.
Janet Yellen
#21. 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
#22. At a time of economic recession, the need for Medicaid and other safety net services is even greater. And we don't want to raise taxes on people who are having a tough time paying their bills.
James Douglas
#23. 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
#24. 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
#25. 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
#26. Investing in auto companies and ensuring a financial collapse didn't lead not from a recession to a great depression may not have been the most popular thing to do, but it was the right thing to do.
Robert Gibbs
#27. In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the Great Depression.
Janet Yellen
#28. 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
#29. So I think the winners in recession are the people who produce new technology that does things better, which people really want.
James Dyson
#30. There's never a recession if you work for the government.
Ann Coulter
#31. In the recession people are going to be looking even more at what movie stars are wearing, as it provides a fantasy outlet.
Cher
#32. President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring.
Mark Zandi
#33. suggest that the millennial generation, deeply affected by the Great Recession and a stagnant global economy, has begun to shift its psychic priorities from material success to living a meaningful existence.
Jeremy Rifkin
#34. 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
#35. Greece, maneuvering for debt relief, is flirting treacherously with Moscow. Recession-hit economies such as Italy seem to believe business as normal with Russia trumps calls for solidarity over Ukraine.
Anonymous
#36. 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
#37. Fear, greed and hope have destroyed more portfolio value than any recession or depression we have ever been through.
James O'Shaughnessy
#38. The last thing you want to do is raise taxes in the middle of the recession because that would just suck up and take more demand out of the economy and put businesses in a further hole.
Barack Obama
#39. Long periods of recession, which tend to be self-perpetuating, are usually ended by war, or by preparations for it.
Paul Johnson
#40. The way the recession has affected Hollywood, a lot of actors that had robust opportunities before in film no longer have such plum options, so cable has done a good job of becoming a happy medium for artists deemed film actors.
Omari Hardwick
#41. The exposure from 'Iron Chef' has been helpful, but at the end of the day your product and your service determine whether you get customers or not. If people decide to eat out less during a recession, the first restaurants that they will cut out are the ones that don't do a great job.
Michael Symon
#42. It's a recession when your neighbor loses his job; it's a depression when you lose your own.
Harry Truman
#43. It was as if some great ocean of destruction had rolled its unyielding tide through the city and then, upon its terrible recession, left behind only a shoreline of concrete sand and crushed humanity.
Jay Posey
#44. 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
#45. I was the governor that drew a tough, tough straw. I was governor during the worst recession since the 1930s, and I had to cut $5 billion from the state budget.
Tim Kaine
#46. We have not recovered all that we lost in the Bush recession. That's why we need to continue to move forward.
Martin O'Malley
#47. Like other presidents before him, Barack Obama inherited a recession. But unlike them, he has made it worse, not better.
Mitt Romney
#48. The simple fact of the matter is, as I know everyone in this room knows, that the recession that this country faced when this President took office was the worst since the Great Depression.
Jay Carney
#49. We went into a recession in 2008 because of gasoline prices. The bubble burst in housing because people couldn't pay their mortgages because of $4 a gallon gasoline.
Rick Santorum
#50. Labor force participation peaked in early 2000, so its decline began well before the Great Recession. A portion of that decline clearly relates to the aging of the baby boom generation. But the pace of decline accelerated with the recession.
Janet Yellen
#51. 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
#52. I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.
Warren Buffett
#53. Many Americans who have suffered during a recession have had to cut their spending 1 percent, and they didn't like doing it, but they were able to do it to get their family's finances back in order.
Rand Paul
#54. There are 249 millionaires in Congress. Remember a couple of years ago when this new Congress told us they had the solution to the recession? Apparently, they didn't share it with the rest of us.
Jay Leno
#55. If you listen to the news, read the news, you'd think we were still in a recession. Well, we're not in a recession. We've had growth; people need to know that. They need to be more upbeat, more positive ...
Dan Quayle
#56. There may be a recession in stock prices, but not anything in the nature of a crash.
Irving Fisher
#57. Making new products is an easy tap for a company in a recession.
Martin Naughton
#58. Bond investors are the vampires of the investment world. They love decay, recession - anything that leads to low inflation and the protection of the real value of their loans.
Bill Gross
#59. We face a far greater risk of psychological depression than of economic recession.
Todd G. Buchholz
#60. 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
#61. I think the artists of the recession will end up being a very strong force in the future. They learned about survival.
Mark Edward
#62. At a time of recession, when there is a mounting glut of labour and uninvested savings, a reduction in wages and interest rates does not help. In fact, it deepens the recession.
Yanis Varoufakis
#63. 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
#64. 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
#65. Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go.
Bill Gross
#66. Americans don't think we should be raising taxes on anybody, especially in the middle of a recession.
Mitch McConnell
#67. In terms of the economy, look, I inherited a recession, I am ending on a recession.
George W. Bush
#68. Because the world is in economic recession, which worsened since this drama happened, and our country will bear the burden of all of these consequences.
Omar Bongo
#69. In a recession, people want to be told for two hours that everything is going to be OK. They want to escape from their humdrum or painful reality into a feel-good drama, or a love story that transcends their daily life.
Alison Owen
#70. Recession should be added to the list of natural calamities
Subhasis Das
#71. The quality of our journalism will make or break our industry, not the recession.
Rebekah Brooks
#72. The trouble is that the average trader on Wall Street, he or she is so young, he doesn't even remember the recession of 2001, let alone the previous one.
Nouriel Roubini
#74. I wouldn't like Greece to stay recession. I do think that everything has to be undertaken to reconnect with growth.
Jean-Claude Juncker
#75. A recession is predominantly for the middle class. Where I come from, the majority of people have always lived in a recession.
Curtis Jackson
#76. 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.
Ronald Kessler
#77. 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
#78. If the program goes off track again due to recession, this should not become a pretext for the imposition of more austerity measures.
Antonis Samaras
#80. I was a hard-times governor. I had to steer my state through the deepest recession since the 1930s. But hey, tough times don't last and tough people do. And can I tell you that Virginians are tough people? We are tough people.
Tim Kaine
#81. I don't think there will be a recession as a result of a vote to leave.
Michael Gove
#82. Housing was ground zero for the Great Recession. Between early 2006 and Obama's inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half.
Mark Zandi
#83. 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
#84. Some tips for life: 1.Don't be afraid to follow your dreams, unless your dreams are stupid. 2.Be kind to people. 3.Don't get too excited when you read the Fountainhead 4.In times of recession, it is time for invention. 5.Things can kill you, so keep that in mind, you fearless know it alls.
Eugene Mirman
#85. You cannot spend your way out of recession or borrow your way out of debt.
Daniel Hannan
#86. Poverty is not the stepchild of the Great Recession; poverty has always been a part of American life.
Tavis Smiley
#87. He's always complaining about the fucking recession and how the government is working against people like him. He calls himself working class, which I think is a bit ironic since he doesn't work.
Ida Lokas
#88. The 2008 economic crisis and Great Recession forced widespread restructuring throughout the U.S. economy - not unlike a company gritting its teeth through a lifesaving bankruptcy.
Roger Altman
#89. I am not for raising taxes in a recession, especially when it comes to job creators that we need so desperately to start creating jobs again.
Eric Cantor
#90. 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
#91. Never miss out on an opportunity like a good recession.
Jack Welch
#92. 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?
Ralph Nader
#93. Obama ran a hard-edged and negative campaign against Romney, hoping to convince recession-weary voters that his rival was unworthy of the job.
Ron Fournier
#94. You've heard of mental depression; this is a mental recession.
Phil Gramm
#95. The 2008 financial crisis and the Great Recession that followed have had devastating effects on the U.S. economy and millions of American lives. But the U.S. economy will emerge from its trauma stronger and widely restructured.
Roger Altman
#96. Money is important only when you don't have it, recession bites only the poor, and only the rich nations worry about the economy.'
My No.7th book is coming.....
Tim I. Gurung
#97. You do not have to be an economist to know that putting up the cost of employing someone is a pretty barking thing to do when you're trying to get out of a recession.
David Cameron
#98. Children are coming to school with trauma, everyday trauma, that they live under: violence in the homes, alcoholism in the community, unemployment that's 80 percent, not just during the recession. We need to help treat that before they can even go sit in a class and learn about math.
Denise Juneau
#99. I've lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.
Stephen A. Schwarzman
#100. The least-bad scenario is a hard landing, global recession worse than the 1930s. The worst-case borrows from the Four Horsemen of the Apocalypse: war, famine, pestilence and death.
Kenneth S. Deffeyes
