Recessions Quotes

• A recession is very bad for publicly traded companies, but it's the best time for startups. When you have massive layoffs, there's more competition for available jobs, which means that an entrepreneur can hire freelancers at a lower cost.

  Tim Ferriss

  Jobs, Mean, Entrepreneur

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• These people in the establishment have been telling us they're the ones to fix everything and everything they've tried to fix, they've botched - TARP, the recession fix such as the stimulus bill. Look at the college - college education is an impediment because of how much it costs. A college education is no longer a step up.

  Rush Limbaugh

  College, People, Looks

  "Rush Limbaugh on rift that threatens the Republican Party; Mitt Romney talks Trump attack, future of the GOP". "Fox News Sunday", www.foxnews.com. March 6, 2016.

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• You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.

  Peter Lynch

  Investing, Investment, Decline

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• The quality of our journalism will make or break our industry, not the recession.

  Rebekah Brooks

  Quality, Make Or Break, Journalism

  "Only quality journalism can save us, says Sun editor Rebekah Wade" by Stephen Brook, www.theguardian.com. January 27, 2009.

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• In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.

  Warren Buffett

  Business, Military, War

  "Buy American. I Am." by Warren Buffett, www.nytimes.com. October 16, 2008.

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• So I think the winners in recession are the people who produce new technology that does things better, which people really want.

  James Dyson

  Thinking, Technology, People

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• 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

  People, Safety, Tough Times

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• Although the recession is strong and although hard times await us in the next 2 or 3 months, Spain will continue to grow in the second quarter of 2009.

  Jose Luis Rodriguez Zapatero

  Strong, Hard Times, Spain

  "Espana saldra de la crisis a finales de 2009", translated, www.20minutos.es. December 27, 2008.

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• [Obama White House] rescued the economy from the worst recession.

  Rahm Emanuel

  White, House, Economy

  "Obama Goes Prime-time to Pitch Healthcare". www.upi.com. July 22, 2009.

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• Like other presidents before him, Barack Obama inherited a recession. But unlike them, he has made it worse, not better.

  Mitt Romney

  President, Made, Barack

  "Mr. President, here's how to lift our economy". usatoday30.usatoday.com. December 3, 2009.

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• The least-bad scenario is a hard landing, global recession worse than the 1930s. The worst-case borrows from the Four Horsemen of the Apocalypse: war, famine, pestilence and death.

  Kenneth S. Deffeyes

  War, Four Horsemen Of The Apocalypse, Pestilence

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• I don't think that our problem, our jobs problem, is fundamentally a problem of trade. I think it has much more to do with the fact that we have not sufficiently educated our population. We have not got out of this great recession with adequate stimulus and adequate fiscal and monetary policies over all.

  Robert Reich

  Jobs, Thinking, Population

  Source: www.nbcnews.com

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• And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.

  Franklin Raines

  Strong, Results, Produce

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• A Recession is predominantly for the middle class. Where I come from the majority of people have always lived in a recession.

  Curtis Jackson

  Class, People, Majority

  "50 Cent Talks About Getting Rich And 'The 50th Law' On CNBC (VIDEO)", www.huffingtonpost.com. November 8, 2009.

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• General welfare is a general condition - maybe sound currency is general welfare, maybe markets, maybe judicial system, maybe a national defense, but this is specific welfare. This justifies the whole welfare state - the military industrial complex, the welfare to foreigners, the welfare state that imprisons our people and impoverishes our people and gives us our recession.

  Ron Paul

  Military, People, Giving

  "Mike Huckabee Explains 2012 Decision; Rep. Ron Paul on His Presidential Bid; Sens. Durbin, Kyl Talk Immigration Reform, Debt Ceiling". "Fox News Sunday With Chris Wallace", www.foxnews.com. May 15, 2011.

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• It's not just about the current economic environment. History shows that slashing budgets always leads to recession.

  Ha-Joon Chang

  Environment, Economic, Currents

  "Austerity has never worked" by Ha-Joon Chang, www.theguardian.com. June 4, 2012.

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• It is no mere coincidence that there is both an historic and a present relationship between community (people assisting each other) and a poverty of power due to financial recession.

  Bill Mollison

  People, Community, Poverty

  "Permaculture: A Designers' Manual". Book by Bill Mollison, 1988.

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• I have always believed that this idea of having a nation go through this very painful five or six years of continuous recession with high unemployment would be detrimental for the economy and the society.

  Antonis Samaras

  Years, Ideas, Six

  Source: www.slate.com

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• Broadly speaking, Keynesianism means that the government has a specific responsibility for the behavior of the economy, that it doesn't work on its own autonomous course, but the government, when there's a recession, compensates by employment, by expansion of purchasing power, and in boom times corrects by being a restraining force. But it controls the great flow of demand into the economy, what since Keynesian times has been the flow of aggregate demand. That was the basic idea of Keynes so far as one can put it in a couple of sentences.

  John Kenneth Galbraith

  Couple, Mean, Responsibility

  Interview with Brian Lamb, Booknotes C-SPAN, November 13, 1994.

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• Americans know that we cannot tax and spend our way out of a recession, yet Democrats cant grasp this simple fact.

  Pete Sessions

  Simple, Way, Facts

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

  Pete Sessions

  Loss, Recipes, Unemployment

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• Ive been a radio and television news person since I was 19 years old. Im 57 years old now. But the advantage is that I have studied, investigated, and reported over those years on nearly every major story from wars and recessions to grass roots local issues.

  George Noory

  War, Years, Roots

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• When George Bush finally leaves the White House, the satire industry will briefly join the rest of the economy in recession. It will certainly be the end of an era.

  Rory Bremner

  White, House, Eras

  "Bush: the end of a satirist's dream" by Rory Bremner, www.theguardian.com. January 11, 2009.

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• The American people understand that it is grotesquely unfair - we are a society that prides itself on fairness, that prides itself on equal opportunity, and people are looking out and seeing, since the Great Recession of 2008, 99 percent of all new income going to the top 1 percent.

  Bernie Sanders

  Pride, Opportunity, People

  "Bernie Sanders on America’s ‘grotesquely unfair’ society". Interview with Jim Tankersley, www.washingtonpost.com. July 16, 2015.

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• If you raise taxes during a recession, you head to depression.

  George W. Bush

  Taxes, Raises, Ifs

  The debate between President George W. Bush and Sen. John Kerry at Washington University, edition.cnn.com. October 9, 2004.

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