Top 121 Recession Quotes

No I don’t think it was a myth at all, anymore than what the recession that the whole country was experiencing was a myth, which obviously seems like it’s going to get worse and worse.

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

As our nation continues to slowly recover from the recession, it is clear some families are doing better than others.

In China anything less than 6% growth is a recession meaning that it also causes financial problems and it’s disruptive and it’s a problem.

I’m astonished at how quickly the Great Recession came and went.

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

State governments generate less revenue in a recession. As state leaders struggle to make up for lost revenue, legislatures tend to cut funding for higher education. Colleges, in turn, answer these funding cuts with tuition hikes.

To qualify as a recession, economic activity must decline in an absolute sense; a mere slowdown in real growth is not enough.

The job market improved impressively under Barack Obama’s presidency after the Great Recession, when millions of jobs vanished seemingly overnight.

Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to ease monetary policy in the event of a recession.

I finished school in 1981 when there was a recession on so there was not a lot of money around or work. I worked on building sites during that time and there were many people on the dole or always looking for work.

Recently released government economic statistics covering 2010, the first year of real recovery from the financial collapse of 2008, found that fully 93 percent of additional income gains coming out of the recession went straight into the wallets and purses of the top 1 percent.

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

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

Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That’s where they want to go.

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.

Whenever there is a recession, the first sector that bounces back is technology services.

History has shown that even in a recession, consumers go to shows.

Does art have to have high foot traffic to get funded in a recession? A lot of people, I am sure, would say absolutely not. And those postmodern art-loving loners surely would argue that even if one person likes a piece of art, that would make a museum worthwhile.

We have been dealt a very weak hand by the financial market meltdown, bailouts, and recession. We can’t act like it’s a strong one.

I am not for raising taxes in a recession, especially when it comes to job creators that we need so desperately to start creating jobs again.

The existence of an area of free land, its continuous recession, and the advance of American settlement, explain American development.

The simple fact of the matter is, as I know everyone in this room knows, that the recession that this country faced when this President took office was the worst since the Great Depression.

People stop buying things, and that is how you turn a slowdown into a recession.

Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out – even if a country can print its own currency and write its own cheques.

In the wake of the Great Recession, most business leaders have tended to focus on their enterprise and short-term performance. The time for that narrow focus is over.

When women were excluded from New Deal programs, Eleanor Roosevelt fought to include them. Roosevelt was among a handful of leaders who realized the U.S. economy would not escape the depths of recession without the full contributions of women.

We described the coronavirus crisis as more of a shock to the system as opposed to a full-blown recession which would spiral into a depression as the economy shut down.

We’ve gotten tremendous support. Everybody now understands how critical it is to help small businesses get out of this recession and into recovery.

I think the depressing litany of projections about World War Three and global Brexit recession we hear from the Remain side is not the sort of approach we should take into the future.

It was a recession when I graduated, but I was so unequipped to have a job anyway, I don’t think it would have mattered if the economy was booming. I think I was expecting bad jobs. But as it went on through my 20s, I began to wonder how things were going to turn out.

You cannot spend your way out of recession or borrow your way out of debt.

In the wake of the 2008 recession, Congress and the Obama Administration rightly focused financial regulation on protecting the nation’s financial system from itself.

Though the National Bureau of Economic Research deemed the recession to have ended in June 2009, to most Americans, that conclusion seems not to square with reality.

It is well documented that brands that increase advertising during a recession, when competitors are cutting back, can improve market share and return on investment at lower cost than during good economic times.

Clearly, high energy prices will have a large negative effect on the California economy and could possibly drag the rest of the nation into a recession.

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.

Doing nothing and shrinking spending may save us public money in the short term but could cost us a great deal more over time as the recession takes hold for much longer.

Pittsburgh is an underdog city because it’s been in a recession for a really long time, since the steel industry collapsed, so it has this underdog mentality. Yeah, there are a lot of people who are conservative, but I also think they want to rally around their Pittsburgh people.

I am optimistic about the Philippine future. Yes, the momentum is there. We have to compete in industry and tourism; we’re still weak in industry. We’re good in BPOs and sending workers abroad… I think the future looks good, unless there’s a big recession in the world.

Lunchroom economic conversations are inevitably graced with at least one statement from an old-timer along the lines of, ‘In my day, we walked 10 miles in the snow just to get to the recession.’ In fact, the nature of recessions hasn’t changed much over the years.

One of the defining experiences of my life came in the mid-1980s. After working for two years as a geologist in Colorado, I lost my job and my career during that long recession.

Republicans are not going to play I-told-you-so, but it is pretty obvious that the tax reductions passed in 2003 helped Americans dig out of a recession and get back to work.

I favor the extension of the middle-class tax cuts because in a recession they’re stimulative and they help with demand.

We got into a recession because the global economy went into the recession and we’re a big exporting nation.

The other thing is quality of life; if you have a place where you can go and have a picnic with your family, it doesn’t matter if it’s a recession or not, you can include that in your quality of life.

I can’t see the film industry coming to a grinding halt any time soon. I think we may be more open to negotiations and things like that, but I think the art world tends to thrive in times of recession.

I think that capitalism in general is responsible, not for the worldwide recession, but for a lot of suffering, both in the United States and around the world.

The ’90s and early 2000s were the ‘I’ decade. iPhone, the iPod – everything was about me. Look where that got us? In a terrible recession.

In the worst of our recession, bars were making money. Every bar can make money. If they’re failing, it’s not because of the president or Congress or Ukraine. It’s because of them. And if you own failure, then you’ll own success.

I am upset and completely disappointed in the government, the millionaires and billionaires in the U.S. See what’s happening to the country? Look at all the health problems, the economy, the recession and crime.

I see nothing that points to a recession in Germany. But I see considerable long-term tasks ahead of us that have to do with markets regaining confidence in Europe and that have a lot to do with reducing debt.

The early-’80s recession was good for good restaurants, not least because it put bad ones out of business.

In the middle of a recession no tax increase is justified because it kills jobs, and any tax increase is a job-killing measure and should be defeated.