Recessions Quotes - Page 5

• Never miss out on an opportunity like a good recession.

  Jack Welch

  Opportunity, Missing

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• Recessions are the best time to start a company. Companies fail. Others hold back capital. If you are willing to do the preparation and work, it is the best time to invest in yourself and start a business.

  Mark Cuban

  Business, Preparation, Failing

  Interview with Dave Golokhov, www.askmen.com.

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• The Fed was largely responsible for converting what might have been a garden-variety recession, although perhaps a fairly severe one, into a major catastrophe. Instead of using its powers to offset the depression, it presided over a decline in the quantity of money by one-third from 1929 to 1933 ... Far from the depression being a failure of the free-enterprise system, it was a tragic failure of government.

  Milton Friedman

  Garden, Government, Investing

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• Americans don't think we should be raising taxes on anybody, especially in the middle of a recession.

  Mitch McConnell

  Thinking, Middle, Should

  "Obama: GOP Inaction Threatens Nuke Treaty". www.cbsnews.com. November 20, 2010.

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• In all modern depressions, recessions, or growth-correction, as variously they are called, we never miss the goods that are not produced. We miss only the opportunities for the labour - for the jobs - that are not provided.

  John Kenneth Galbraith

  Jobs, Opportunity, Missing

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• The backlash against women's rights would be just one of several powerful forces creating a harsh and painful climate for women at work. Reagonomics, the recession, and the expansion of a minimum-wage service economy also helped, in no small measure, to slow and even undermine women's momentum in the job market. But the backlash did more than impede women's opportunities for employment, promotions, and better pay. Its spokesmen kept the news of many of these setbacks from women. Not only did the backlash do grievous damage to working women C it did on the sly.

  Susan Faludi

  Jobs, Powerful, Opportunity

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• At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But it will also need additional revenues. Should the government not receive them, we will all get punished with higher interest rates.

  George Soros

  Running, Government, Over You

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• If there's a recession, I'd buy stocks. That's when you make money: when markets are spooked.

  Ben Stein

  Making Money, Ifs

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• The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession.

  Mark Zandi

  Holiday, Payroll Tax, Numbers

  "A 40 Percent Chance of Economic Doom". Interview with Elizabeth Weingarten, www.slate.com. October 18, 2011.

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• The government has to spend money during a recession, because their spending is our earning.

  Linda Ronstadt

  Government, Earning, Spending

  Source: www.pbs.org

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• Things are pretty good in Canada. We weathered the recession fairly well. And, of course, were up here up living here, we're watching American news and we're constantly saying, wow, it's not as bad as it is in the United States.

  Rick Mercer

  United States, News, Wow

  "Rick Mercer, Hot On The Canadian Campaign Trail". "Weekend Edition" with Scott Simon, www.npr.org. April 23, 2011.

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• 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

  Half, Economic, Economy

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• 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

  Mean, Hard Work, Thinking

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• For years, we've grown dependant on American consumers as the world's spenders of last resort. They've kept Europe out of recession, allowed China to industrialise, and prevented global deflation. But at the same time, they've not been looking after their own futures.

  Evan Davis

  Years, Europe, World

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• We escaped the last big bursting of a bubble - the dotcom bubble - with a relatively light U.S. recession. On that occasion, the world economy found its way back on track fairly quickly.

  Evan Davis

  Light, Track, Lasts

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• The truth is that for those 86 long years when the Red Sox went without a World Series win, fans were not only in a recession, but trapped in a longstanding, deeply entrenched sports depression.

  Julianna Baggott

  Sports, Winning, Years

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• Two thirds of the work in the world is done by women. Women own 1 percent of the assets. Young women are sold into prostitution, forced labour, premature marriage, forced to have children they don't want or they can't support. They're abused, raped, beaten up. Domestic violence is supposed to be a cultural problem. They are the first victims of war, fundamentalism, conflict, recession. And young women who have access to education and health care and have resources think that everything was done, they don't have to worry.

  Isabel Allende

  Children, War, Thinking

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• I'm not in a recession. I'm doing very, very well. I'm doing incredibly well. I just want to be honest. I really am kicking ass.

  Jim Carrey

  Kicking, Want, Honest

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• There are more people at Obama's table offering ideas than there were five years ago, but when it came to facing up to the Republicans' threat to force a double-dip recession if they didn't get their millionaires' tax cut, they still amounted to nothing. And therein lies our fundamental problem.

  Eric Alterman

  Lying, Cutting, Offering

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• It's important to prepare audience for the worst in life. People come to forget their problems, and it's my job, right before I leave, to go, "Don't forget: You're going through a divorce and there's a recession." It's always good to end on a pensive note.

  Eugene Mirman

  Jobs, Divorce, People

  Source: www.avclub.com

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• Small business people have gotten us out of nearly all modern recessions - not by waiting for others to fix things or turning to government, but rather by applying leadership, inventiveness, creativity and originality.

  Oliver DeMille

  Creativity, Government, People

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• Recession always encourages entrepreneurialism and innovation. It does that every time because when people have no options they look at other things.

  Theo Paphitis

  People, Innovation, Doe

  Source: katerussell.co.uk

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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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• [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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• 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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