Recessions Quotes - Page 6

• 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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• 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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• 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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• 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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• 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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• Louisville, Colorado, which was just voted by CNN and Money magazine as the best place to live, is a veritable Whitopia that is unaffected by the housing crisis and even the severe recession. You look at the best places to live, according to Money's 2009 list, and 9 of the 10 are Whitopias.

  Richard Benjamin

  Cnn, Colorado, Louisville

  "Journey into the Heart of Whiteness". Interview with Elizabeth Gettelman, www.motherjones.com. December 23, 2009.

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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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• 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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• 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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• 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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• 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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• 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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• Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.

  Mark Zandi

  Creating, Credit, Today

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• Everyone drinks more during a recession; they want to forget.

  Christian Audigier

  Want, Forget, Drink

  "Madonna loves Christian Audigier's label, but will we?" by Alice Fisher, www.theguardian.com. November 28, 2009.

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• The way the recession has affected Hollywood, a lot of actors that had robust opportunities before in film no longer have such plum options, so cable has done a good job of becoming a happy medium for artists deemed film actors.

  Omari Hardwick

  Jobs, Artist, Opportunity

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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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• 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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• 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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• 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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• In a recession, you must be able to call into question everything you've done before.

  Francois-Henri Pinault

  Done, Able

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• In times of recession there are massive opportunities and fortunes to be made, so for new up and coming entrepreneurs, this is the time to go and start a business.

  Richard Branson

  Opportunity, Entrepreneur, Made

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• The difference between recession and depression is simple. Recession, goes the saying, is when you lose your job; depression is when I lose mine.

  Amity Shlaes

  Jobs, Simple, Differences

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• Obama has paid and will continue to pay dearly for betting on his stimulus package. Because of it, the Bush recession is becoming the Obama recession much faster than it would have had he adopted a more gradual approach to solving economic problems. By jumping in immediately, as he did, in order to increase government spending and pass eight years of Democratic dreams in one day, he made the public expect a solution.

  Dick Morris

  Dream, Jumping, Eight

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• The Fed is pushing a variety of workarounds that would inject trillions in new money into the economy while bypassing the banking system altogether. Time will tell whether or not this will succeed. Meanwhile, a serious danger lurks around the corner. Once the recession is over, the lending will start again. With fractional-reserve banking and limitless supplies of cash on hand, we will likely see the overall price trends reversed, from deflation to inflation to possible hyperinflation.

  Llewellyn Rockwell

  Hands, Banking, Cash

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