Great Depression Quotes - Page 2

• In the great depression, things could only be set right by causing the idle plant to work again . . . Roosevelt . . . spent billions of public money and created a huge public debt, but by so doing he revived production and brought his country out of the depression. Businessmen, who in spite of such a sharp lesson continued to believe in old-fashioned economics, were infinitely shocked, and although Roosevelt saved them from ruin, they continued to curse him and to speak of him as 'the madman in the White House.' . . . [It's one more] striking example of inability to learn from experience.

  Bertrand Russell

  Country, Believe, White

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• American labor may now look to the future with confidence.

  James J. Davis

  Looks, May, Looking To The Future

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• Although I was not aware of it at the time, the experience of growing up during the Great Depression was to have a profound impact on my intellectual and professional career.

  Lawrence Klein

  Depression, Growing Up, Impact

  "Lawrence R. Klein - Biographical". www.nobelprize.org. 2005.

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• I am convinced that through these measures we have reestablished confidence.

  Herbert Hoover

  Depression, Economic, Convinced

  Herbert Hoover, Arnold S. Rice, United States. President (1929-1933 : Hoover) (1971). “Herbert Hoover, 1874-1964; chronology-documents-bibliographical aids”, Oceana Pubns

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• This kind of inequality - a level that we haven’t seen since the Great Depression - hurts us all. When middle-class families can no longer afford to buy the goods and services that businesses are selling...it drags down the entire economy from top to bottom. America was built on the idea of broad-based prosperity... That’s why a CEO like Henry Ford made it his mission to pay his workers enough so that they could buy the cars he made. It’s also why a recent study showed that countries with less inequality tend to have stronger and steadier economic growth over the long run.

  Barack Obama

  Running, Country, Hurt

  Barack Obama's Remarks on the Economy in Osawatomie, Kansas, obamawhitehouse.archives.gov. December 6, 2011.

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• The most striking development of the great depression of 1929 is a profound skepticism of the future of contemporary society among large sections of the American people.

  C. L. R. James

  Depression, People, Profound

  "In the International Tradition:Tasks Ahead for American Labor" by C. L. R. James, 1944.

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• The Great Depression in the United States was caused - I won't say caused, was enormously intensified and made far worse than it would have been by bad monetary policy.

  Milton Friedman

  United States, Made, Monetary Policy

  Source: www.pbs.org

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• We had the great depression, we had two world wars, we had the flu epidemic. We had oil shock. We had all these terrible things happen. But something about the American system unleashed more and of a potential to human beings over that hundred years so that we had a seven for one improvement in - there's never been any - I mean, you have centuries where if you've got a 1 percent improvement, then it's something. So we've got a great system. And we've got more productive capacity now than we ever have.

  Howard Warren Buffett

  War, Mean, Epidemics

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• Between the Great Depression and the 1970s, private business was viewed with suspicion even in most capitalist economies. Businesses were, so the story goes, seen as anti-social agents whose profit-seeking needed to be restrained for other, supposedly loftier, goals, such as justice, social harmony, protection of the weak and even national glory.

  Ha-Joon Chang

  Capitalist Economy, Justice, Goal

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• My mother gave me very good advice years ago. I grew up in the Great Depression and she always told me to get a good little basic black dress - well-cut, well-made, good fabric - and it could take me through everything. I could go to the office in the morning and stay out all day in the same dress. Just by changing accessories, because they are so transformative, you can make six different outfits. I find that very useful. My mother worshipped at the altar of accessories and I'm an accessory freak, as everybody knows. That, I got from my mother.

  Iris Apfel

  Mother, Morning, Office

  Source: www.elle.com

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• A guy I interviewed for Hard Times says, "What do I remember about the Great Depression? That I was hungry, that's all." Elemental things.

  Studs Terkel

  Hard Times, Guy, Remember

  "The MoJo Interview: Studs Terkel". Interview With Dale Eastman, www.motherjones.com. September/October 1995.

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• From a generation that came of age during the Great Depression, millions of our country's best and bravest took up arms in a worldwide struggle against tyranny.

  Steve Buyer

  Depression, Country, Struggle

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• Men and women whose early youth was shaped in the ordeal of the Great Depression showed the values formed in that crucible when tyranny threatened a world.

  Steve Buyer

  Depression, Men, Crucible

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• All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S.

  Franklin D. Roosevelt

  Depression, Safe, Agents

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• Looking to the future I see in the further acceleration of science continuous jobs for our workers. Science will cure unemployment.

  Charles M. Schwab

  Jobs, Unemployment, Cures

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• We will not have any more crashes in our time.

  John Maynard Keynes

  Depression, Crash, Our Time

  "The Raven of Zurich". Book by Felix Somary, 1986.

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• The minimum wage is something that F.D.R. put in place a long time ago during the Great Depression. I don't think it worked then. It didn't solve any problems then and it hasn't solved any problems in 50 years.

  John Raese

  Thinking, Years, Long

  "WV Senate Candidate John Raese: I "Absolutely" Want to Abolish Minimum Wage". ABC News, October 12, 2010.

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• Good humor is a tonic for mind and body. It is the best antidote for anxiety and depression. It is a business asset. It attracts and keeps friends. It lightens human burdens. It is the direct route to serenity and contentment.

  Grenville Kleiser

  Inspiring, Depression, Funny Inspirational

  "On the Art of Business". Book by James Howard Merkel, Abdul Wahab Al-Falaij, p.66, February 1, 2004.

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• We don't have a great war in our generation, or a great depression, but we do, we have a great war of the spirit. We have a great revolution against the culture. The great depression is our lives. We have a spiritual depression.

  Chuck Palahniuk

  Depression, Spiritual, War

  Chuck Palahniuk (2005). “Fight Club: A Novel”, p.149, W. W. Norton & Company

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• 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

  Depression, Point Break, Looks

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• The worst is over without a doubt.

  Alfred P. Sloan

  Doubt, Worst

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• The 24% unemployment reached at the depths of the Great Depression was no picnic.

  Barry Eichengreen

  Depth, Unemployment, Picnics

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• If we could just go back the last two or three years and do our buying a little more carefully, why... we would be O.K.

  Will Rogers

  Years, Two, Would Be

  Will Rogers, James Smallwood (1981). “Will Rogers' Weekly Articles: The Hoover Years, 1929-1931”, Oklahoma State Univ Pr

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• It's almost worth the Great Depression to learn how little our big men know.

  Will Rogers

  Men, Littles, Bigs

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• No Congress of the United States ever assembled, on surveying the state of the Union, has met with a more pleasing prospect than that which appears at the present time. In the domestic field there is tranquillity and contentment, harmonious relations between management and wage earner, freedom from industrial strife, and the highest record of years of prosperity.

  Calvin Coolidge

  Depression, Years, Political

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