Great Depression Quotes - Page 5

• We have had a great depression in agriculture, caused mainly by several seasons of bad harvests, and some of our traders have suffered much from a too rapid extension in prosperous years.

  John Bright

  Years, Agriculture, Harvest

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• I once read that more millionaires per capita were created during the Great Depression than at any other time in history.

  Harry S. Dent

  Millionaire

  Harry S. Dent (2000). “The Roaring 2000s Investor: Strategies for the Life You Want”, p.169, Simon and Schuster

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• We are really on track for a soft landing. There are no balloons popping.

  David Lereah

  Track, Balloons, Economic

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• One of the reasons we think this market will start to run out of gas at some point is that you've essentially created as much gold from straw as you can from this financial alchemy

  Scott Simon

  Running, Thinking, Gold

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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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• My parents survived the Great Depression and brought me up to live within my means, save some for tomorrow, share and don't be greedy, work hard for the necessities in life knowing that money does not make you better or more important than anyone else. So, extravagance has been bred out of my DNA.

  David Suzuki

  Hard Work, Mean, Dna

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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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• Bankers are likeable rascals. Now that we are all wise to 'em, it's been shown that they don't know any more about finances than the rest of us know about our businesses... which has proved to be nothing.

  Will Rogers

  Wise, Business, Bankers

  Will Rogers (1979). “Will Rogers' Daily Telegrams: The Hoover years, 1931-1933”, Will Rogers Heritage Trust

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• The Recovery Act, which helped saved the economy and prevented us going into the Great Depression, was the largest investment in green technology, the largest investment in education. We rebuilt roads and bridges.

  Barack Obama

  Recovery, Technology, Bridges

  Source: www.huffingtonpost.com

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• There was something superficial in attributing anything so awful as the Great Depression to anything so insubstantial as speculation in common stocks.

  John Kenneth Galbraith

  Awful, Common, Superficial

  John Kenneth Galbraith (2017). “Money: Whence It Came, Where It Went”, p.212, Princeton University Press

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• We were growing up in West Virginia. Everybody was poor there in the southern part of the state. It was like growing up in the Great Depression from the stories I hear people tell. Everybody was poor and so we didnt know that we were any different from anybody else.

  James Green

  Growing Up, Virginia, People

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• Until the Great Depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system. That vision wasn’t sustainable in the face of mass unemployment, but as memories of the Depression faded, economists fell back in love with the old, idealized vision of an economy in which rational individuals interact in perfect markets.

  Paul Krugman

  Memories, Perfect, Vision

  "How Did Economists Get It So Wrong?". www.nytimes.com. September 2, 2009.

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• I look back to the Great Depression, and what Roosevelt was able to do in very difficult times, to get Social Security through back in the time when it was seen as - well, it wasn't what it is today. It was sort of a last-ditch, if you really need it, you got it, but, today, it's much more a part of your retirement program.

  Chris Matthews

  Retirement, Needs, Looks

  Source: www.nbcnews.com

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• The fear among economists across the political spectrum that was - was that we were rapidly plummeting towards a second Great Depression. So, in the weeks and months that followed, we undertook a series of difficult steps to prevent that outcome. And we were forced to take those steps largely without the help of an opposition party, which, unfortunately, after having presided over the decision-making that had led to the crisis, decided to hand it over to others to solve.

  Barack Obama

  Party, Hands, Decision

  Barack Obama's Speech on Job Creation and Economic Growth, obamawhitehouse.archives.gov. December 8, 2009.

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• I was born into a working class Irish Catholic family at the brutal bottom of the Great Depression. I suppose this early imprinting and conditioning made me a life-long radical. My education was mostly scientific, majoring in electrical engineering and applied math. Those imprints made me a life-long rationalist. I have become increasingly skeptical about, or detached from, the assumption that radicalism and rationalism are the only correct perspectives with which to view life, but they remain my favorite perspectives.

  Robert Anton Wilson

  Math, Views, Engineering

  Source: theanarchistlibrary.org

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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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• 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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• 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

  Mean, Giving, Way

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• World War II was really unusual, because America was in the Great Depression before. So the war did help the US economy to get securely out of this decline. This time, the war [in Iraq] is bad for the economy in both the short and long run. We could have spent trillions in research or education instead. This would have led to future productivity increases.

  Joseph Stiglitz

  Running, War, Iraq

  Source: www.spiegel.de

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• We call for a green New Deal, like the New Deal that got us out of the Great Depression, but in this case focusing on green jobs to create 100% clean renewable energy by 2030, which is exactly what the science calls for.

  Jill Stein

  Jobs, Energy, Green

  Source: www.justicenewsnetwork.com

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• Burlesque thrived during the Great Depression, and by extension, so, too, did Gypsy [Rose Lee]. Men could no longer afford to pay $5.50 to see a show on Broadway, but they could scrape together $1.00 for a matinee at a burlesque house.

  Karen Abbott

  Men, Rose, House

  Source: tech.blorge.com

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• I know that some poor immigrants from that era had unrealistic expectations and were disappointed, but I don't think my grandparents were disappointed at all, even though they experienced some very hard times during the Great Depression.

  Samuel Alito

  Thinking, Hard Times, Grandparent

  "An Interview With Justice Samuel Alito on Immigration, His Mentors and Advice for a Successful Life". Interview with Madaline Donnelly, dailysignal.com. November 09, 2014.

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