The economic crisis really affected my family - 2006 to 2011 were really bad times. Almost everybody in my family lost their jobs. — Joey Badass
These are challenging times for all Americans. We face the specter of war abroad and a steady stream of bad economic news at home. — Robert Matsui
Unemployment is sky-rocketing; deflation is in our future for the first time since the Great Depression. I don't care whose fault it is, it's the truth. — John Mellencamp
It's a recession when your neighbor loses his job; it's a depression when you lose yours. — Harry S. Truman
It's a recession when your neighbor loses his job; it's a depression when you lose yours. — Harry S Truman
You can't run the economy on BMWs alone. If the average person is in a pickle, how do you have a healthy economy? — Jeremy Grantham
A challenging economy is always good for design. It unites necessity and functionality. You are forced to be creative with poor materials. — Diane Von Furstenberg
Our economy isn't going to recover until the housing market finds its footing. — Mark Zandi
I think a major cause of present Asian economic difficulties that mainly come from, you know, lack of market economy. — Kim Dae-jung
Technology fuels economy, unfortunately in today’s world it’s the fuel that drags economy — Yatin Patel
When an economy is stable, people get optimistic. When people get optimistic, they go into debt. When they go into debt, the economy becomes unstable…Stability is destabilizing. — Morgan Housel
If we have an economic crisis in the Western world it's because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people's freedom. — Marc Faber
In good times, people want to advertise; in bad times, they have to. — Bruce Barton
It's a different kind of economic recovery. The kind where bankers steal trillions and you don't have a job. — Alex Jones
Longer and deeper recessions tend to leave behind damage to people’s careers. And that weighs on the economy going forward. — Jerome Powell
Economic progress, in capitalist society, means turmoil. — Joseph Schumpeter
The truth is, we are all caught in a great economic system which is heartless. — Woodrow Wilson
Every month that we do not have an economic recovery package 500 million Americans lose their jobs. — Nancy Pelosi
The number one problem in today's generation and economy is the lack of financial literacy. — Alan Greenspan
One bad chapter does not mean your story is over.
Strong Economy Quotes
A strong economy causes an increase in the demand for housing; the increased demand for housing drives real-estate prices and rentals through the roof. And then affordable housing becomes completely inaccessible. — William Baldwin
I am a social democrat - I believe in pursuing greater equality and tackling social justice - but... you can't do that unless you have got a strong economy, unless you have got a vibrant business base earning the wealth that makes that possible. — Nicola Sturgeon
A free economy and strong communities honor the dignity of every person, rewarding effort with justice, promoting upward mobility, and building solidarity among citizens. — Paul Ryan
If you have a bad thought about yourself, tell it to go to hell because that is exactly where it came from.
We need to have a strong economy that can create employment opportunities and that can also produce the revenue that we need to defend our country at home and abroad. — Bob Menendez
Through hard work and education, we can deliver a strong economy and opportunity for all. — Julia Gillard
A strong economy depends on a strong middle class, but George Bush has put the middle class in a hole, and John McCain has a plan to keep digging that hole with George Bush's shovel. — Rahm Emanuel
Persist to overcome. He that can't endure the bad, will not live to see the good.
From a viable economy to the full funding of Headstart, from a clean environment to true equality for women, from a strong military to a commitment to racial brotherhood, from schools that are honored to streets free of excessive violence. — Paul Tsongas
With a strong domestic economy, low national unemployment at 5 percent, and increasing retail sales, the picture should look rosy. But one look at the trade deficit changes all of that. — Jo Ann Emerson
Great companies have high cultures of accountability, it comes with this culture of criticism I was talking about before, and I think our culture is strong on that. — Steve Ballmer
A healthy environment is essential to a livable Oregon and a strong economy. — Ted Kulongoski
Economic Downturn Quotes
High gas prices are eating away at consumers disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel. — Major Owens
Most analysts would agree that if all the undocumented immigrants in California were deported in one day, our state would experience a severe economic downturn. This does not even consider the many cultural and spiritual gifts these immigrants bring to our state and nation. — Roger Mahony
The economic downturn is our wake-up call to slow down, consume less, help each other, & live more! — Phil Harding
Never regret a day in your life: good days give happiness, bad days give experience, worst days give lessons, and best days give memories.
Unsolvable problems do not exist. Any crisis is a combination of specific tasks to be worked on. The government has the experience and reserves to overcome the economic downturn — Dmitry Medvedev
One thing I learned in '97, when I thought the right time to found a company was during a swing-up, is that it's much better to start during an economic downturn. Partnerships are easier; hiring is easier; and the competition starts later. — Reid Hoffman
Curiosity has ... proven to be a great ingredient in resilience, a trait particularly valuable in an extended economic downturn. Resilient people aren't made of steel; they just provide themselves with more options, and those options come from a curious mind. — Chip Conley
There is a battle of two wolves inside us all. One is evil. It is anger, jealousy, greed, resentment, lies, inferiority and ego. The other is good. It is joy, peace, love, hope, humility, kindness, empathy and truth. The wolf that wins? The one you feed.
You know, if I listened to Michael Dukakis long enough, I would be convinced we're in an economic downturn and people are homeless and going without food and medical attention and that we've got to do something about the unemployed. — Ronald Reagan
Raising taxes in an economic downturn is not a good idea. — Martha McSally
High gas prices are eating away at consumer's disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel. — Major R. Owens
Economic Recession Quotes
Small to medium sized enterprises make up over 60% of employment in the UK. It wouldn’t be crazy to imagine half shutting down as they’re bankrupted by energy costs. People need to get serious of what a true economic collapse would look like. It ain’t like a simple recession. — Philip Pilkington
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. — Friedrich August von Hayek
Investing, like economics, is more art than science. And that means it can get a little messy. — Howard S. Marks
Don't let a bad day make you feel like you have a bad life.
There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions. — Robert Reich
Democracy thus becomes a mass delusion of people attempting to override the rules of economics by voting themselves a free lunch and being manipulated into violent tantrums against scapegoats whenever the bill for the free lunch arrives via inflation and economic recessions. — Saifedean Ammous
Credit is like a drug. Initially, it feels great as it stimulates economic activity, but eventually, you become addicted and require more and more to achieve the same effect. — Russell Napier
You have to fight through the bad days in order to earn the best days.
Maintaining confidence in international trade will be critical to the broader economic recovery in the post-Covid world. — Liz Truss
Credit is the oil in the engine of economic growth, but too much oil can cause the engine to seize. — Russell Napier
Handling covid, we made a lot of big mistakes, and it led to tens of trillions of dollars of economic damage and millions of lives lost. Much of that was preventable. — Sam Bankman-Fried
I believe that the economics which deal with forecasting business trends may be considered to be about as far along as was the science of chemistry during the days of alchemy in the Middle Ages. — Philip Arthur Fisher
Tough Economic Times Quotes
The friend in my adversity I shall always cherish most. — Ulysses S. Grant
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
Not surprisingly, troubled economic times often beget proselytizers of wacky, extreme ideas. — Steven Rattner
You will have bad times, but they will always wake you up to the stuff you weren't paying attention to.
All too often in tough economic times, it is the environment that gets left on the cutting room floors of Congress as everyone scraps for limited federal dollars. — Debbie Wasserman Schultz
In tough economic times, we have to make every dollar count, and studies have shown a return of up to $17 for every dollar invested in early childhood. — Shakira
In these tough economic times, everybody has to cut back. I am down to three tabs of ecstasy a day. — Chelsea Handler
If you love deeply, you're going to get hurt badly. But it's still worth it.
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, Lord of Douglas
During these continued tough economic times, writing a sensible, fair budget that provides real opportunities for Washington families, workers and businesses is always a challenge. — Jeanne Kohl-Welles
We are going through tough economic times but things are looking up, and the indicators are improving not only for large corporations but also for small business. — George Pataki
Economic tough times are great times to be investing in the future. — Reid Hoffman
Recession Quotes
Listen to your heart and not your ego. Your ego prompts you to boast of vain assertions to obtain the glory of this world. Turn away from vanity and seek Him in the recesses of your heart and soul — Abdul-Qadir Gilani
All men dream, but not equally. Those who dream by night in the dusty recesses of their minds, wake in the day to find that it was vanity: but the dreamers of the day are dangerous men, for they may act on their dreams with open eyes, to make them possible. — Thomas Edward Lawrence (of Arabia)
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
If you want to be good at something, you must first be willing to be bad at it.
Market crashes and recessions create more millionaires than any other time. The catch: You have to be prepared AND financially educated. — Jaspreet Singh
I basically got an education in software on DuPont's money because they were too stubborn to admit that a recession was coming. — Michael Saylor
Those traits that pass into hybrid association entirely or almost entirely unchanged, thus themselves representing the traits of the hybrid, are termed dominating and those that become latent in the association, recessive. — Gregor Mendel
Forcing humans to sit still all day is foolish. Recess is sacred—for children and adults alike! — Sahil Bloom
The financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies. — Jerome Powell
The financial crisis and the Great Recession left firms with excess capacity, reducing incentives to invest. — Jerome Powell
In business, one should never take anything for granted. Your fortune can change in five minutes. — Koos Bekker
Economic Crisis Quotes
I will not let anyone tell me we must spend more money. This crisis did not come about because we issued too little money but because we created economic growth with too much money and it was not sustainable growth. — Angela Merkel
The climate crisis is being used to create totalitarian controls on society by the World Economic Forum, Bill Gates, and all of these megabillionaires. — Robert F. Kennedy, Jr.
Now our Earth is swarmed with issues such as life, death, illness, wars, economic crises and many others. It is time that we sing out loud the message, 'Love forever.' — Yayoi Kusama
The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength. — George W. Bush
The exchange-rate trap, another legacy of this former president Alberto Fernández’s government, not only constitutes a social and productive nightmare, but also the surplus of money today is double what it was before the Rodrigazo economic crisis of 1975. — Javier Milei
What the people here have said is that given the enormous crises facing our country, it is just too late for the same old, same old establishment politics and establishment economics. — Bernie Sanders
Women's struggle for equality worldwide is about more than equality between men and women. Our struggle is about reversing the trends of social, economic, political, and ecological crisis - a global nervous breakdown! Our struggle is about creating sustainable lives and attainable dreams. — Bella Abzug
Marxists have more than once pointed out that the capitalist world economic system contains in itself the seeds of a general crisis and of warlike clashes. — Joseph Stalin
Ebola is not just a health crisis. Across West Africa, a generation of young people risks being lost to an economic catastrophe. — Ellen Johnson Sirleaf
I am also well aware that literature only has a minimal influence on political disputes or economic crises in the world, but its significance to human beings is ancient. — Mo Yan
Bad Times Quotes
I've had good times and I've had bad times and I reminisce, maybe when I lay down, but throughout my day I keep myself engulfed in whatever moment I'm in because it could steer me into a depressed state. — Kevin Gates
Love is friendship that has caught fire. It is quiet understanding, mutual confidence, sharing and forgiving. It is loyalty through good and bad times. It settles for less than perfection and makes allowances for human weaknesses. — Ann Landers
Life is a carousel. It goes up and down. All U gotta do is just stay on. — Pharrell Williams
Times are bad. Children no longer obey their parents, and everyone is writing a book. — Marcus Tullius Cicero
Hard work pays off, dreams come true. Bad times don't last, but BAD GUYS do. — Scott Hall
Life can't be all that bad,' i'd think from time to time. 'Whatever happens, i can always take a long walk along the Bosphorus. — Orhan Pamuk
You have to go through good times and bad times to get where you're trying to go. — Allen Iverson
One cannot legislate the maniacs off the street... these maniacs can only be shut down by an armed citizenry. Indeed bad things can happen in nations where the citizenry is armed, but not as bad as those which seem to be threatening our disarmed citizenry in this country at this time. — Jeff Cooper
One of the great beauties of architecture is that each time, it is like life starting all over again. — Renzo Piano
Bad times, hard times, this is what people keep saying; but let us live well, and times shall be good. We are the times: Such as we are, such are the times. — Saint Augustine
Great Recession Quotes
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
Many of the great financial disasters we’ve seen have been failures to foresee and manage risk. — Howard S. Marks
Up to our own day American history has been in a large degree the history of the colonization of the Great West. The existence of an area of free land, its continuous recession, and the advance of American settlement westward, explain American development. — Frederick Jackson Turner
The biggest problem in correcting errors in the market is that stocks look best when they are at the peak and not so great when they are at the bottom. — Thomas Phelps
There may be a recession in stock prices, but not anything in the nature of a crash. — Irving Fisher
While some people might find it distasteful to pay taxes, I don't. I find it patriotic. — Mark Cuban
As sure as the spring will follow the winter, prosperity and economic growth will follow recession. — Robert Foster Bennett
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
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
Art is the effort of man to express the ideas which nature suggests to him of a power above nature, whether that power be within the recesses of his own being, or in the Great First Cause of which nature, like himself, is but the effect. — Edward Bulwer-Lytton, 1st Baron Lytton
We are turning into a nation of whimpering slaves to Fear—fear of war, fear of poverty, fear of random terrorism, fear of getting down-sized or fired because of the plunging economy, fear of getting evicted for bad debts or suddenly getting locked up in a military detention camp on vague charges of being a Terrorist sympathizer. — Hunter S. Thompson
I am aware that many regard me as an anti-sports character person, but the truth is that the country's economy by then was in bad shape. Tanzania being among the highly indebted countries, I had to give sports the least prominence during my first term, while setting priorities in revitalising our economy. — Benjamin Mkapa
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. — Mark Zandi
Not managing your time and making excuses are two bad habits. Don't put them both together by claiming you 'don't have the time'. — Robert Foster Bennett
Helsinki isn't all that bad. It's a very nice city, and it's cold really only in wintertime. — Linus Torvalds
Economies are supposed to serve human ends.. not the other way round. We forget at our peril that markets make a good servant, a bad master and a worse religion. — Amory Lovins
Middle class America is acutely aware of how bad this economy is, and it is going to demand changes. I don't think politicians can afford to be complacent. — Elizabeth Warren
Presidents don't have a whole lot to say about prosperity or the economy. Government cannot create prosperity. There are a lot of other factors that determine whether there are good times or bad times. — Phyllis Schlafly
We don't live in the old world. But I don't want everyone to know what I've done. We all know every kind of example we could throw out there. The world we see online is very spiteful, we all know about people who have had bad stories thrown at them. If we were more generous I might be more happy about the reputation economy. — Andrew Keen
This continuing spike in gas prices is bad for consumers, bad for our economy, and bad for all other businesses. It is hurting us and costing us jobs. — Jodi Rell
I've laid out my economic plans. I want to grow the economy. That's why I have plans for jobs and raising incomes. I do want to go after bad actors on and off Wall Street, because I think companies that take money from federal, state, and local governments and then pick up and move should have to pay that back. — Hillary Clinton
I thought not being part of the [Britain] union was a bad idea. We are better together.
It was dangerous for business as there were no [concrete] plans around the currency or the economy. — Michelle Mone
Everyone says Francois Mitterrand had huge charisma. But before he was president they used to call him badly dressed, old, archaic and say he knew nothing about the economy until the day he was elected. It's called universal suffrage. When you're elected, you become the person that embodies France. — Francois Hollande
The US economy today is in really bad shape. Our economic growth is minimal, our regulatory burden is horrific, taxes are high, businessmen are not investing in growth, and consumers and government are loaded up with debt. — Yaron Brook
In general, presidents and congressmen have very limited power to do good for the economy and awesome power to do bad. The best good thing that politicians can do for the economy is to stop doing bad. In part, this can be achieved through reducing taxes and economic regulation, and staying out of our lives. — Walter E. Williams
In my judgment, we have to avoid, at all costs, tax increases. That would be the worst possible thing to do and will make a bad economy even worse. Beyond that, targeted tax relief should be expanded upon. — Meg Whitman
You know, in this business, you don't have any control over what the press says and how they portray things. And that's their prerogative. But I think anybody who looks at it objectively has trouble making the case that somehow this is a bad economy. — Dick Cheney
I'm surprised at the extent of the bigotry. But it really plays out when companies or schools take a side and prohibit the other platform at all. We Mac users should be good even when the other side is bad. We should do what we can to accept the other platforms. — Steve Wozniak
Barack Obama's life was so much simpler in 2009. Back then, he had refined the cold act of blaming others for the bad economy into an art form. Deficits? Blame Bush's tax cuts. Spending? Blame the wars in Iraq and Afghanistan. No business investment? Blame Wall Street. — John Sununu
Obesity is a drain on the economy - we have to pay for the health care of fat people who are usually poor and can’t afford insurance. Obesity is, well, bad. — Emily Levine
How did the economy produce all these amazing things that we have around us - computers and cell phones and so on? There were a bunch of ideas, and the good ones grew and prospered. And the bad ones were pretty ruthlessly weeded out. — Tim Harford
In fact, in Parliament, I pointed out that Australians on average incomes would move into the second highest tax bracket in the next couple of years. That is going to slow down the Australian economy. It's bad for households. — Joe Hockey
A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives. — Charles Wheelan
The spirit of commerce is frugality, economy, moderation, labor, ponderance, tranquillity, order, and rule. So long as this spirit subsides, the riches it produces have no bad effect. The mischief is when excessive wealth destroys the spirit of commerce, then it is that the conveniences of inequality... are felt. — Baron de Montesquieu
I tell you, the economy is in bad shape. In fact, the economy is so bad, President Barack Obama's new slogan is 'Spare Change You Can Believe In.' — Jay Leno
Let's face it, we're skunk drunk and it's because of money. It's almost like we all need to enter Betty Ford Clinic 2.0 together. This time, it's not stock market money but private equity, M&A, VCs and to some degree the reckless abandonment of logic by some advertisers who are perpetuating what is sure to end badly when the economy turns. Hubris is back my friends. — Steve Rubel
No economy, no matter how bad, can hold down a goal that is followed by enough action. — Grant Cardone
Eighty percent of the people in the world have no food safety net. When disaster strikes - the economy gets blown, people lose a job, floods, war, conflict, bad governance, all of those things - there is nothing to fall back on. — Josette Sheeran
A bad investment is going for quantity over quality. If you're trying to be careful with your wallet, especially with the economy right now, you have to choose staple pieces. — Christian Siriano
Who is affected more when it's cold? Poor people. Who is affected more when it's hot? Poor people. Who is affected more when it's wet? Poor people. Who is most affected when the economy is bad? Poor people. Poor people are the most fragile. — Russel Honore
If you've got unemployment, low pay, that was just too bad. But that was the system. That was the sort of economy and philosophy against which I was fighting in the 1930s. — Barbara Castle
You know, I think of the global economy as an inverted triangle, resting on the shoulders of the American consumer. And if the American consumer cannot have enough disposable income in order to maintain a standard of living that creates more opportunities generation after generation, that's bad for everybody. — Hillary Clinton
People say, 'Well you know the economy's bad, so China consumption will be low. No, totally different. You Americans love to spend tomorrow's money, and other people's money maybe... We Chinese love to save money. — Jack Ma
Cuts in a sector are never going to be welcomed, and arts funding cut by up to 30% doesn't make nice reading. But cuts are happening across the board, in many sectors for the sake of the economy. And if you look at economically depressed post-war UK, The Beatles, The Who and The Rolling Stones came into fruition... maybe giving weight to the claim that bad economic times can actually lead to greater creativity! — Roxanne Emery
We have a raising wages agenda. And that includes tax policy, trade policy. TPP is a very bad agreement. Covers 40 percent of the world's economy, and it will cost us jobs. It's not well-drafted. It's an agreement, an investment agreement that will benefit Wall Street a lot, but not working people. — Richard Trumka
Health care is in as bad a shape as it has ever been after eight years of Barack Obama and the Democrat Party running it and running the US economy. It's an absolute disaster. Other areas of the economy are a disaster. Economic growth? There isn't any. It's 1% per quarter, a 4% growth rate per year if we're lucky. There is no expansion. There is no productivity increase. — Rush Limbaugh
The Democrats loved Jimmy Carter, even though - and, by the way, take a look at some economic circumstances. In 1980, the economy of this country was in the tank after four years of Jimmy Carter. I mean, it was desperately bad. Unemployment was sky-high. Carter had seen us through a couple of near-depression recessions, all of this coming out of Watergate, which happened in 1972. — Rush Limbaugh
In America, the economy is simply nowhere near bad enough to serve as the base of any kind of serious political revolution. — Kevin Drum
I was able to excite and engage people who previously hadn't been involved in politics, and part of the reason that I was able to be re-elected and stay relatively popular in the United States was because even when the economy was bad or we had problems, people sensed that I listened to them and I was on their side. — Barack Obama
I think, you know, what we've had for many years is a federal government that's not particularly concerned with the structure of the economy at all, just looking at the basic rules. I think we're going to see a different approach under Donald Trump with more kind of specific concern for the health of the manufacturing sector. I'm not necessarily sure that's a bad thing. — Edward Alden
I became religious and at 14 went to a boarding school 500 miles from home to begin theological studies. By the time I started university, politics had replaced religion in the economy of my enthusiasms but I had no idea what to study. My boarding school emphasized languages which I was bad at, and deemphasized math and science which I was good at. — Dale Jamieson
I am not somebody who just says let's beat up on the bad guys. No. I want to summon the good guys and give people the incentives and opportunities to actually grow this economy, put more people to work, get the middle class really feeling like they're back in business. — Hillary Clinton
The green movement got really hot really fast, but then the economy took a turn and it became clear exactly what's at stake, so I think somehow celebrities got a bad rap when they were trying to do good. — Elizabeth Rogers
To give you an idea how bad the American economy is, Mexico is now calling for a fence along the border. Stay on your side! — Jay Leno
I am a leader in the fight against the national energy tax proposal some Congressional leaders are advocating. I call this bad idea 'cap-and-tax' because of the damage it will do to jobs, manufacturing and our economy. — Jim Sensenbrenner
In Conclusion
Which quotation resonated with you best? Did you enjoy our collection of bad economy quotes? Or may be you have a slogan about bad economy to suggest. Let us know using our contact form.
Citation
Feel free to cite and use any of the quotes in this collection of bad economy quotations. For popular citation styles(APA, Chicago, MLA), please use this citation page.