Top 100 Quotes About The Recession
#1. 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
#2. The recession is everywhere. We need to be heard. Wouldn't it be great if there could be more referendums so we could have regular voting on specific points?
Joss Stone
#3. 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
#4. Nevada was hit hardest by the recession - highest unemployment, highest foreclosure rate, highest bankruptcy rate.
Brian Sandoval
#5. Americans are driving more in less-efficient vehicles. Sales of sports utility vehicles and pickup trucks have been amazingly strong considering the recession, and low pump prices are keeping people on the roads
Mike Lucky
#6. Our goal is not to douse the recession with money, which would be useless, as both you and I know. Our goal is to liberate the business initiative, to lower administrative and law enforcement pressure and to make legal protection truly effective
Dmitry Medvedev
#8. The unemployment rate has effectively not gone down from where it was at the peak of the recession. The only reason it's gone technically from 10 percent to 8 percent is so many people are discouraged and have quit work.
Jim Talent
#9. We got into a recession because the global economy went into the recession and we're a big exporting nation.
Stephen Harper
#10. The recession has forced many entrepreneurs to draw on hidden reservoirs of courage. Get up, dust off, and get back to work.
Timi Nadela
#11. Even when [Federal Reserve Chairman Ben] Bernanke said the recession was over ... you think that would have been a bigger boom somewhere, but it seems we just take everything in stride.
Bill Maher
#12. Doing nothing and shrinking spending may save us public money in the short term but could cost us a great deal more over time as the recession takes hold for much longer.
Lucy Powell
#13. Department store Santas are apparently being trained to lower children's expectations about toys because of the recession. Yeah, it's weird when you ask Santa for a train set and he's like, 'Yeah, how 'bout a bus token?
Jimmy Fallon
#14. I was asked what I thought about the recession. I thought about it and decided not to take part.
Sam Walton
#15. No I don't think it was a myth at all, anymore than what the recession that the whole country was experiencing was a myth, which obviously seems like it's going to get worse and worse.
Lester Bangs
#16. I grew up in a council house in a poor Scottish town. I came of age during the recession of the mid-1980s when unemployment in my area reached 40 per cent.
John Niven
#17. In the United States, 95 per cent of income gains since the recession began have gone to the top 0.01 per cent.
Russell Brand
#18. Our first goal is to stop the recession and start with recovery.
Antonis Samaras
#19. New York never felt the recession. New York never felt a depression.
John Catsimatidis
#20. The recession came and we decided it would save a lot of bother if we just slept through it. So we programmed the computers to revive us when it was all over.
Douglas Adams
#21. 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
#22. 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
#23. Our problem is not adopting reforms, which we will do without question. It is not reaching an objective, which we will meet. But it is finding an end to the recession.
Yiannis Stournaras
#24. 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.
Andrew Crockett
#25. 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
#26. When historians consider the significance of the Berlin crises of the mid-20th century, I do not believe that they will record it as an incident in the encirclement of freedom. The true view, in my judgment, will be to see it rather as a major episode in the recession of communism.
Robert Kennedy
#27. 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
#28. 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
#29. 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
#30. 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
#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. 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
#33. 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
#34. 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
#35. 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
#36. 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
#37. I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.
Warren Buffett
#38. 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
#39. I think the artists of the recession will end up being a very strong force in the future. They learned about survival.
Mark Edward
#40. 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
#41. 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
#42. Recently released government economic statistics covering 2010, the first year of real recovery from the financial collapse of 2008, found that fully 93 percent of additional income gains coming out of the recession went straight into the wallets and purses of the top 1 percent.
Eric Alterman
#43. 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
#44. The quality of our journalism will make or break our industry, not the recession.
Rebekah Brooks
#45. 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
#47. 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
#48. 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
#49. The existence of an area of free land, its continuous recession, and the advance of American settlement, explain American development.
Frederick Jackson Turner
#50. 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
#51. 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.
Newt Gingrich
#52. I don't think the Palestinian people or Afghan children or some other things I'm concerned about are at the top of other people's agendas - not right now, when America is going through such a recession and people are suffering across the board financially. But I think all that will change.
Patti Smith
#53. The unhappy irony is that, while 'Glee' is hitting the heights, school arts funding is being slashed across the country due to the steep recession and declining tax revenues.
James Wolcott
#54. With every year that passes, the more we have to be careful not to forget the causes and consequences of the Great Recession.
Sherrod Brown
#55. 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.
James P. Hoffa
#56. Over the last decade, economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians apparently being settled by events. But the Great Recession of the last two years has changed everything.
Gavyn Davies
#57. In brief, we have no explicit family policy but instead have a haphazard patchwork of institutions and programs designed mostly under crisis conditions, whether the crisis is national in scope (such as a recession ) or personal (such as a break-up of a particular family).
Kenneth Keniston
#58. Faced with a deep recession, some say the answer is to expand the role of government.
Rick Scott
#59. It's not just about the current economic environment. History shows that slashing budgets always leads to recession.
Ha-Joon Chang
#60. We are in the middle of an education recession.
Rod Paige
#61. Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.
William Greider
#62. Alchemy: In times of recession it's not wise to argue about the price of gold.
Robin Sacredfire
#63. Historically in every recovery, because the president rightly did inherit a recession. But historically, the lagging indicator always deals with employment.
Sean Hannity
#64. This explains why I've been making Recession Tea- letting a teabag steep for half the time it should so I can use it again for a second cup later.
Suzan Colon
#65. 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
#66. The light was frozen, dead, a ghost. Only from the yellow barrels of the microscopes did it borrow a certain rich and living substance, lying along the polished tubes like butter, streak after luscious streak in long recession down the work tables.
Aldous Huxley
#67. 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
#68. The Federal Reserve is not currently forecasting a recession.
Ben Bernanke
#69. Clearly, high energy prices will have a large negative effect on the California economy and could possibly drag the rest of the nation into a recession.
Doug Ose
#70. America cannot afford a rally to restore sanity in the middle of a recession. Did you even consider how many panic-related jobs that might cost us in the fear-industrial complex?
Stephen Colbert
#71. At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But it will also need additional revenues. Should the government not receive them, we will all get punished with higher interest rates.
George Soros
#72. The tax relief package enacted in 2001 was central to pulling the economy out of the post 9-11 recession. It's the reason we've got low unemployment and have created more than two million jobs in the last year.
J. D. Hayworth
#73. We will do everything to change what needs to be changed, fight against recession so that the country meets its targets, while reinforcing our country in the heart of the euro and the European Union.
Yiannis Stournaras
#74. Finally, in the Mississippi state Senate, earmarks are often hidden in bond bills, which I have voted against many times, because our bonded indebtedness is too high and we simply can't afford it. For example, building museums in the middle of a recession makes little sense.
Chris McDaniel
#75. 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
#76. Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rich as what they are
a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.
Ha-Joon Chang
#77. The government has to spend money during a recession, because their spending is our earning.
Linda Ronstadt
#78. After the Big Recession of 2008, many Americans found themselves without jobs, homes, and savings. We realized that we really can't rely on our 401k's to keep us safe. It's up to us to achieve financial freedom for ourselves. And home-based businesses is the way to go.
Kevin J. Donaldson
#79. Until the Fed lets us have a real recession, as painful as that may be, we are never gonna have a recovery.
Ziad K. Abdelnour
#80. 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
#81. 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.
Jeffrey Eugenides
#82. In economic terms, health care is a highly successful industry - profitable, growing, and virtually recession-proof - but it's a massive burden on the rest of the economy.
Marcia Angell
#83. I realized it was happening, but most people didn't realize it was happening. I mean, because as a self-employed person, when there is a recession or a cutback in the economy, we feel it first. Because many self-employed people provide services that are nonessential.
Iyanla Vanzant
#84. Talk of the imperial decay of your invalid port. Its gracious withdrawal from perfection, keeping a hint of former majesty withal, as it hovers between oblivion and the divine Untergang of infinite recession.
Stephen Potter
#85. The Great Recession was now entering its third decade, and unemployment was still at a record high. Even the fast-food joints in my neighborhood had a two-year waiting list for job applicants.
Ernest Cline
#86. Believing that a crisis is a useful thing to create, the Obama administration - which understands that, for liberalism, worse is better - has deliberately aggravated the fiscal shambles that the Great Recession accelerated.
George Will
#87. We don't tell New Zealanders we can stop the global recession, because we can't. What we do tell them is we can use this time to transform the economy to make us stronger so that when the world starts growing again we can be running faster than other countries we compete with.
John Key
#88. 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
#89. You know what? We need a recession in this country, because that would finally weed out all the subnormal, underdeveloped, stupefied, puerile people in this workforce.
Jen Lancaster
#90. Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques.
Bill Gross
#91. You know, my Grandpop Finnegan used to have an expression: he used to say, 'Joey, the guy in Olyphant's out of work, it's an economic slowdown. When your brother-in-law's out of work, it's a recession. When you're out of work, it's a depression.'
Joe Biden
#92. I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
Warren Buffett
#93. The most empowering thing you can do though is to create innovative ways to bring in livable wages. That begins with a debt free lifestyle.
Brandi L. Bates
#94. How is it having more control if we have a recession as the Bank of England and IFS say?
Sadiq Khan
#95. Financial crashes happen precisely because the people who remember the last one have either died or retired and thus are no longer around, with memories and character formed by that previous experience, to warn people not to be irresponsible.
N. T. Wright
#96. The other thing is quality of life; if you have a place where you can go and have a picnic with your family, it doesn't matter if it's a recession or not, you can include that in your quality of life.
Jim Fowler
#97. I have always believed that this idea of having a nation go through this very painful five or six years of continuous recession with high unemployment would be detrimental for the economy and the society.
Antonis Samaras
#98. 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
#99. Wall Street excesses helped lead to the Great Recession.
Chuck Schumer
#100. 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
