Great Depression Quotes - Page 4

• September and October of 2008 was the worst financial crisis in global history, including the Great Depression.

  Ben Bernanke

  October, September, Financial

  "Report Details Wall Street Crisis". "The Wall Street Journal", January 28, 2011.

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• My parents were both in the army for 20 years and then worked in government departments; but they had gone through the Great Depression and known lean times. They always remained extremely frugal and lived far below their means.

  Veronica Webb

  Mean, Army, Government

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• Ever since the Great Depression, we know that one of the key ways in which the US economy has stimulated growth is by manufacturing weapons and exporting war to other countries.

  Arundhati Roy

  Country, War, Keys

  "Arundhati Roy: 'The people who created the crisis will not be the ones that come up with a solution'". Interview with Arun Gupta, www.theguardian.com. November 30, 2011.

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• The money cost of the reservoir plan literally fades into insignificance when it is compared with the financial burden which the great depression imposed on the nation.

  Benjamin Graham

  Cost, Financial, Burden

  "Storage and Stability". Book by Benjamin Graham. Part II, Chapter IX, The Cost of the Reservoir Plan, p. 114, 1937.

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• After the war, Prohibition was passed, and with liquor no longer legally available the nation plunged headlong into the Great Depression.

  Dave Barry

  Funny, War, Humorous

  Dave Barry (2011). “Dave Barry Hits Below the Beltway”, p.73, Ballantine Books

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• The singer-songwriter has always played music that was stylistically rooted in the '30s and the Great Depression and the Dust Bowl. But the fact of the matter is that none of us remember the Depression firsthand.

  Steve Earle

  Dust, Singers, Matter

  "What Makes Steve Earle Run". www.wsj.com. April 11, 2013.

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• World War II ended the Great Depression with one of the great public-private industrial collaborations in the history of man.

  Jon Meacham

  War, Men, Collaboration

  "In Perspective: Jon Meacham on the delicate balance between public and private" by Jon Meacham, www.pbs.org. September 16, 2011.

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• I think that when the education system started to be dismantled during the first Great Depression in the 1930s, we didn't recover from that.

  Wynton Marsalis

  Thinking, Firsts, 1930s

  Source: www.pbs.org

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• 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

  War, Years, Pestilence

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• I don't feel that there is anything deep in the political culture that prevents "educating the masses." I'm old enough to recall vividly the high level of culture, general and political, among first-generation working people during the Great Depression. Workers' education was lively and effective, union-based - mostly the vigorous rising labor movement, reviving from the ashes of the 1920s. I've often seen independent and impressive initiatives in working-class and poor and deprived communities today.

  Noam Chomsky

  Independent, People, Community

  Source: www.truth-out.org

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• Living through the 1929 Great Depression helped shape my social conscience. During this time, I realized the earth was still the same place, manufacturing plants were still intact, and resources were still there, but people didn’t have money to buy the products. I felt the rules of the game we play by were outmoded and damaging. This began a life-long quest resulting in the conclusions and designs presented in The Venus Project.

  Jacque Fresco

  Games, Play, Long

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• What little reality television I've seen seems to be about economic desperation. Like the marathon dancing of the Great Depression, which should give us pause. People willing to eat flies and worms for a sum that is less than the weekly paycheck of the show's producer. I haven't seen "reality television" that is other than this kind of painful, sadistic exploitation of fit young people looking for agents.

  Lorrie Moore

  Reality, People, Giving

  The Believer interview, www.believermag.com. October 2005.

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• Back in August, I wrote a post about the supposed race to the bottom with ebooks, refuting some nonsense written by an establishment bonehead. This meme won't die. People are still convinced that new ebooks are going to be priced at ten cents, and writers will starve, and this will cause a second Great Depression where banks will close and people will be forced to buy Kindles with food stamps, and then the earth will enter another ice age where all the bunnies will freeze to death.

  J.A. Konrath

  Race, August, Ice

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• I was born illegitimately and almost immediately, as I understand it, placed in an orphanage. So my very earliest memories were in an orphanage. It was the tag end of the Great Depression when I was born. People were desperately poor.

  Bryce Courtenay

  Memories, People, Tag

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• all that has changed, in my opinion, is that, thanks to television, we can hide a great depression. we may even be hiding a third world war

  Kurt Vonnegut

  War, Television, World

  Kurt Vonnegut (2009). “Bluebeard: A Novel”, p.92, Dial Press

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• Failing to curb the impact of climate change could damage the global economy on the scale of the Great Depression or the world wars by spawning environmental devastation that could cost 5 to 20 percent of the world's annual gross domestic product.

  Nicholas Stern

  War, Impact, Environmental

  The report by Nicholas Stern, www.washingtonpost.com. October 31, 2006.

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• My parents, products of the Great Depression, were successful people, but lived in a state of constant fear that my sister and I, and they, would sink into the kind of economic insecurity that their generation knew so well.

  Ben Stein

  Successful, People, Parent

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• Then, when the Fed's fire hoses started spraying an elephant soup of liquidity injections in every direction, and its balance sheet grew by $1.3 trillion in just thirteen weeks compared to $850 billion during its first ninety-four years, I became convinced that the Fed was flying by the seat of its pants, making it up as it went along. It was evident that its aim was to stop the hissy fit on Wall Streetm and that the thread of a Great Depression 2.0 was just a cover story for a panicked spree of money printing that exceeded any other episode in recorded human history.

  David Stockman

  Wall, Years, Elephants

  "The Great Deformation: The Corruption of Capitalism in America". Book by David Stockman, 2013.

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• We are having the single worst recovery the U.S. has had since the Great Depression. I don't care how you measure it. The East Coast knows it. The West Coast knows it. North, South, old, young, everyone knows it's the worst recovery since the Great Depression.

  Arthur Laffer

  Recovery, East, West Coast

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• The Great Depression in the United States, far from being a sign of the inherent instability of the private enterprise system, is a testament to how much harm can be done by mistakes on the part of a few men when they wield vast power over the monetary system of the country.

  Milton Friedman

  Country, Mistake, Men

  Milton Friedman (2009). “Capitalism and Freedom: Fortieth Anniversary Edition”, p.50, University of Chicago Press

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

  David Stockman

  Ideas, Brilliant, Scholar

  "David Stockman on his Book and the Bailouts". Mises Institute Interview, mises.org. September 6, 2013.

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• Everything I learned about the Great Depression was from a college textbook.

  Ralph Abernathy

  College, Textbooks

  Ralph Abernathy (1989). “And the walls came tumbling down: an autobiography”, Harpercollins

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• Well, I never lived through the Great Depression, sometimes I feel as though I did.

  Kasey Chambers

  Sadness, Sometimes, Wells

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• Raised by an irresponsible mother during the Great Depression in the Jim Crow south, my father was on his own from the age of 13.

  Larry Elder

  Mother, Father, Crow

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• Facts are facts: No president since Franklin Delano Roosevelt in the Great Depression inherited a worse economy, bigger job losses or deeper problems from his predecessor. But President Obama is moving America forward, not back.

  Martin O'Malley

  Jobs, Moving, Loss

  "DNC 2012: Maryland Governor Martin O’Malley’s Speech". www.washingtonpost.com. September 04, 2012.

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