166 Economic Recession Quotes

Following is our list of economic recession quotations and slogans full of insightful wisdom and perspective about economic downturn.

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Famous Economic Recession Quotes

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

A recession is like a Black Friday Sale for investors. — Jaspreet Singh

The economic crisis really affected my family - 2006 to 2011 were really bad times. Almost everybody in my family lost their jobs. — Joey Badass

Longer and deeper recessions tend to leave behind damage to people’s careers. And that weighs on the economy going forward. — Jerome Powell

The financial crisis and the Great Recession left firms with excess capacity, reducing incentives to invest. — Jerome Powell

Strapped by tight credit and plummeting sales, businesses have overhauled the way they manage supply chains, inventory, production practices, and staffing. — Janet Yellen

The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again. — Ben Bernanke

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

There may be a recession in stock prices, but not anything in the nature of a crash. — Irving Fisher

We described the coronavirus crisis as more of a shock to the system as opposed to a full-blown recession which would spiral into a depression as the economy shut down. — Cathie Wood

Alas, in 1929 came the Stock Market crash and everything changed and became worrisome. People started practicing conservatism because of financial losses, myself included. — Pola Negri

It will have a negative impact on activity, employment, the number of poor and extreme poor. There will be stagflation, but that will not be very different from the last 12 years. — Javier Milei

This economy will recover. And that means people will go back to work. Unemployment will get back down. — Jerome Powell

Its completely possible that the present inflation is largely stuck now because of wage-price dynamics, especially in services, and will only come down in a recession. — Philip Pilkington

Short Economic Recession Quotes

  • Every month that we do not have an economic recovery package 500 million Americans lose their jobs. — Nancy Pelosi
  • Our economy isn't going to recover until the housing market finds its footing. — Mark Zandi
  • The boom, not the slump, is the right time for austerity at the Treasury. — John Maynard Keynes
  • All these troubles in the world economy are enough to make us feel like saying: Winter is Coming. — Joko Widodo
  • Retrenchment is good for singapore. If there is no retrenchments, then I worry. — Goh Chok Tong
  • In good times, people want to advertise; in bad times, they have to. — Bruce Barton

Economic Recession Image Quotes

Economic recession quote We're all consumers. The consumer is not a moron; she is your wife.
We're all consumers. The consumer is not a moron; she is your wife.

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

Economic recession quote Price is what you pay. Value is what you get.
Price is what you pay. Value is what you get.

Market crashes and recessions create more millionaires than any other time. The catch: You have to be prepared AND financially educated. — Jaspreet Singh

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

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

Economic recession quote Wealth breeds a class of people for whom human beings are disposable commodities. Once oligarchs ach
Wealth breeds a class of people for whom human beings are disposable commodities. Once oligarchs achieve unchecked economic and political power, as they have in the United States, the citizens too become disposable.

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

In business, one should never take anything for granted. Your fortune can change in five minutes. — Koos Bekker

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

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

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

Gambling is a catalyst for economic downturn — John Warren Kindt

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

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

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

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

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

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

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

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

Economic Depression Quotes

Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves. — Herbert Hoover

There is a difference between broke and being poor. Being broke is a temporary economic condition, but being poor is a disabling frame of mind and a depressed condition of your spirit, and you must vow to never, ever be poor again. — John Hope Bryant

Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months. — Irving Fisher

Depressions and mass unemployment are not caused by the free market but by government interference in the economy. — Ludwig von Mises

The end of the decline of the Stock Market will probably not be long, only a few more days at most. — Irving Fisher

The U.S. dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and enmeshed in an economic depression. The clock is ticking until the dollar faces a crisis of confidence like every other bubble before it. — Peter Schiff

I see nothing in the present situation that is either menacing or warrants pessimism... I have every confidence that there will be a revival of activity in the spring, and that during this coming year the country will make steady progress. — Andrew Mellon

No one can possibly have lived through the Great Depression without being scarred by it. No amount of experience since the depression can convince someone who has lived through it that the world is safe economically. — Isaac Asimov

For the immediate future, at least, the outlook (stocks) is bright. — Irving Fisher

Economic depression can not be cured by legislative action or executive pronouncement. — Herbert Hoover

Economic Recovery Quotes

It's a different kind of economic recovery. The kind where bankers steal trillions and you don't have a job. — Alex Jones

We simply can no longer afford to deny the full potential of one half of the population. The world needs to tap into the talent and wisdom of women. Whether the issue is food security, economic recovery, health, or peace and security, the participation of women is needed now more than ever. — Michelle Bachelet

Additional fiscal support could be costly, but worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery. — Jerome Powell

We were in a good place in February of 2020, and we think we can get back there, I would say, much sooner than we had feared. — Jerome Powell

But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses. — Jon Huntsman, Jr.

Maintaining confidence in international trade will be critical to the broader economic recovery in the post-Covid world. — Liz Truss

First, we need to make all-out efforts to fight COVID-19. To emerge from the shadow of the pandemic and achieve steady economic recovery at an early date is the most pressing task for us. — Xi Jinping

This economic boycott is our means of self-defense. President Roosevelt has advocated its use in the National Recovery Administration. — Samuel Untermyer

Without restoring an ethos of social responsibility, there can be no meaningful and sustained economic recovery. — Jeffrey Sachs

The road to energy independence, economic recovery, and greenhouse gas reductions runs through the building sector. — Edward Mazria

Bad Economy Quotes

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

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 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 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

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

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

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

Great Depression Quotes

Bipolar disorder can be a great teacher. It's a challenge, but it can set you up to be able to do almost anything else in your life. — Carrie Fisher

I didn't want to wake up. I was having a much better time asleep. And that's really sad. It was almost like a reverse nightmare, like when you wake up from a nightmare you're so relieved. I woke up into a nightmare. — Ned Vizzini

Life is like a movie, if you've sat through more than half of it and it’s sucked every second so far, it probably isn't going to get great right at the end and make it all worthwhile. None should blame you for walking out early. — Doug Stanhope

Arthritis, Crohn's disease, psoriasis, depression - all of those diseases are a result of our neglected biochemistry. We need to be stimulated to help fight disease. Cold is a great stimulator. — Wim Hof

Avoid the rabbit holes that can kind of lead to us not being our best selves and not feeling great… — Christina Koch

Because its hard to realize now that that was the end of the great depression, you know. All of a sudden all of this is in front of me and I'm solvent, you know. I'm making some money and I know where my next meal is coming from, and I have a new pair of shoes and that's it. — Robert McCloskey

Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all. — David Stockman

The bank is something more than men, I tell you. It's the monster. Men made it, but they can't control it. — John Steinbeck

The remedy [for the Great Depression] is to give the workers access to the means of production, and let them produce for themselves, not for others, . . . the American way. — Upton Sinclair

Our Generation has had no Great war, no Great Depression. Our war is spiritual. Our depression is our lives. — Chuck Palahniuk

Economic Collapse Quotes

Cyprus was a breath away from economic collapse. It was a big battle in which we came out wounded, but upright and determined to make a fresh start. — Nicos Anastasiades

I believe the world economy will crash when Russia or China moves to a gold-backed currency. They know that when this thing blows, the old law returns: he with most gold makes the rules. — Max Keiser

The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers. — Ben Bernanke

I think there's going to be a tug of war in this country over who are the real patriots because at a time of national crisis, economic collapse and calamity, ecological peril and social dislocation, the American people deserve to be a partner to the American government. — Van Jones

At the crash of economic collapse of which the rumblings can already be heard, the sleeping soldiers of the proletariat will awake as at the fanfare of the Last Judgment and the corpses of the victims of the struggle will arise and demand an accounting from those who are loaded down with curses. — Karl Liebknecht

As a result of the World War, this old Germany collapsed. It collapsed in its constitution, in its social order, in its economic structure. Its thinking and feeling changed. — Gustav Stresemann

Why is no one talking about all the potential savings from a complete economic collapse? — Eugene Mirman

And here we encounter the seeds of government disaster and collapse - the kind that wrecked ancient Rome and every other civilization that allowed a sociopolitical monster called the welfare state to exist. — Barry Goldwater

The plague did not lead to Europe’s economic collapse. Rather, Europe’s currency-driven economic collapse led to the plague. — Douglas Rushkoff

A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily. — Ben Bernanke

People Writing About Economic Recession

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Read quotes by Jerome Powell

Jerome Powell
quotes on inflation, economics and finance

104 1
Read quotes by Harry S. Truman

Harry S. Truman
quotes on communism, democracy and politicians

373 6925
Read quotes by Harry S Truman

Harry S Truman
quotes on communism, democracy and politicians

106 2563
Read quotes by Jaspreet Singh

Jaspreet Singh
quotes on education, success and leadership

31 1
Read quotes by Joey Badass

Joey Badass
quotes on love

20 385
Read quotes by Janet Yellen

Janet Yellen
quotes on education, government and leadership

29 410

More Economic Recession Quotes

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

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 the oil in the engine of economic growth, but too much oil can cause the engine to seize. — Russell Napier

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

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

As sure as the spring will follow the winter, prosperity and economic growth will follow recession. — Bo Bennett

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

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

Recession doesn't deserve the right to exist. There are just too many things to be done in science and engineering to be bogged down by temporary economic dislocations. — Walt Disney

I think the economic empowerment of women that has been growing over the past decade is at the 'inflection point' with this global recession. Women are, we believe, the solution for their families in their ability to go out and increase household income. — Andrea Jung

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

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

We face a far greater risk of psychological depression than of economic recession. — Todd G. Buchholz

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

Private prison companies are now listed on the New York Stock exchange and are doing quite well in a time of economic recession (and depression in some communities). But that's just the tip of the iceberg. — Michelle Alexander

According to the Bank of England the economy is growing too fast so interest rates must rise to counter the supposed inflationary threat. In lay terms, I interpret this to mean that people are working much harder, causing economic growth, and they're in danger of spending their money, which is what the recession-hit shops want them to do. But the Bank and the City seem to think this is wrong, and that if people work harder they should be punished by having their mortgages increased. — Harry Enfield

The economic recession in America wasn't caused by bad luck; it was caused by bad Republican policies. But the Republican candidates are doubling down on the same flawed policies that led to the loss of 3.6 million jobs in the final months of 2008 and gravely affected middle class families across America. — Debbie Wasserman Schultz

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. — David Rockefeller

Budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions. And any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low, and the soundest way to raise the revenues in the long run is to cut the rates now. — John F. Kennedy

I was a child of the '60s basically, which is a real blank. I really started growing up, I think, in the '70s. I'm a glam-rock kid. But Dublin, Ireland in those days was a very dark place, as in it was a very poor, almost third world. Economically, the whole world is going through a recession at the moment. In the '60s, '70s, and the '80s in Ireland was a real recession. It wasn't a pleasant place. — Gavin Friday

Ladies and gentlemen, the Reagan tax cuts turned the deepest recession since the Great Depression into the largest 20-year economic boom in American history. The Reagan tax cuts of 1981 and '86. And the same thing can happen here again. Democrats just cannot let it. — 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

I believe capitalism is dying a slow death right now, as you can see with the recession and with the credit crunch and with social and economic dismay the world as whole and the pandemic of promiscuity, drugs, alcohol and all the other diseases. That's the worst and I believe it's time for a change. — Anjem Choudary

In an economic recession, naturally, when you ask people to list their priorities, they're going to place a higher priority on the immediate economic situation. — Al Gore

The United State has a net worth against which our debt is a joke ... we wrote in 2008 the United States is going to come out of this recession fast. The Europeans are going to fragment. The Chinese are going to be cremated. Why could we come out of it? Why has all economic theory been proven wrong? Because we're rich and we could afford it. — George Friedman

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

Obama has paid and will continue to pay dearly for betting on his stimulus package. Because of it, the Bush recession is becoming the Obama recession much faster than it would have had he adopted a more gradual approach to solving economic problems. By jumping in immediately, as he did, in order to increase government spending and pass eight years of Democratic dreams in one day, he made the public expect a solution. — Dick Morris

I feel like I've gone through stages with the industry; when I first started showing it was during the time of the recession, the economical situation meant fashion was suffering. But now the fashion business is back and booming, and I think it just encourages me to constantly set myself bigger and bigger challenges and reach new goals. — Roksanda Ilincic

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

It's not just about the current economic environment. History shows that slashing budgets always leads to recession. — Ha-Joon Chang

It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the government's overreach. In reality, the FHA shows how government action during the Great Recession forestalled a much worse economic fate. — Mark Zandi

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

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

he who will not economize will agonize — Confucius

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

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