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Recession Quotes

Most Famous Recession Quotes of All Time!

We have created a collection of some of the best recession quotes so you can read and share anytime with your friends and family. Share our Top 10 Recession Quotes on Facebook, Twitter, and Pinterest.

Our problem is not adopting reforms, which we will do without question. It is not reaching an objective, which we will meet. But it is finding an end to the recession.

Quotes by Yiannis Stournaras

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.

Quotes by William Greider

Around '75 when the recession hit, club owners started going to disco because it was cheaper for them to just buy a sound system than it was to hire a band.

Quotes by Tommy Shaw

This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and stabilize.

Quotes by Timothy Geithner

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

Quotes by Suzan DelBene

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

Quotes by Stephen Moore

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

Quotes by Stephen Harper

I've lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.

Quotes by Stephen A. Schwarzman

As Ohio's working families continue to recover from the worst economic recession in our country's history, we need a president who's committed to growing our economy by lifting up the middle class.

Quotes by Sherrod Brown

With every year that passes, the more we have to be careful not to forget the causes and consequences of the Great Recession.

Quotes by Sherrod Brown

Loving relatives and home-cooked meals are solid levees against a recession.

Quotes by Rosecrans Baldwin

Hiking taxes on the so-called wealthy would help send us into a recession because so many small businesses report their income on individual tax returns. If taxes are raised, they will be less likely to be able to hire new workers and make new capital investments.

Quotes by Ronald Kessler

The 2008 financial crisis and the Great Recession that followed have had devastating effects on the U.S. economy and millions of American lives. But the U.S. economy will emerge from its trauma stronger and widely restructured.

Quotes by Roger Altman

The 2008 economic crisis and Great Recession forced widespread restructuring throughout the U.S. economy - not unlike a company gritting its teeth through a lifesaving bankruptcy.

Quotes by Roger Altman

We are in the middle of an education recession.

Quotes by Rod Paige

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

Quotes by Rebekah Brooks

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.

Quotes by Ray Dalio

There was no blueprint or how-to manual for fixing a global financial meltdown, an auto crisis, two wars and a great recession, all at the same time.

Quotes by Rahm Emanuel

I thought I would set the world on fire when I got out of college. I had done quite well in a field that was growing. Unfortunately, we got hit with a recession in 1981.

Quotes by R. A. Salvatore

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

Quotes by Peter Welch

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

Quotes by Pete Sessions

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

Quotes by Pete Sessions

A temporary reduction in tax rates on individual incomes can be a powerful weapon against recession.

Quotes by Paul Samuelson

So, in Europe, they're cutting people's retirement and health benefits. And that's what we want to avoid from happening. They're raising taxes, entering a recession. That's the kind of economic program that President Obama has put in place.

Quotes by Paul Ryan

Long periods of recession, which tend to be self-perpetuating, are usually ended by war, or by preparations for it.

Quotes by Paul Johnson

Because the world is in economic recession, which worsened since this drama happened, and our country will bear the burden of all of these consequences.

Quotes by Omar Bongo

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.

Quotes by Newt Gingrich

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

Quotes by Mitch McConnell

There is no question that the recovery from the global recession triggered by the 2008 financial crisis has been unusually lengthy and anemic.

Quotes by Michael Spence

I basically got an education in software on DuPont's money because they were too stubborn to admit that a recession was coming.

Quotes by Michael J. Saylor

Making new products is an easy tap for a company in a recession.

Quotes by Martin Naughton

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.

Quotes by Marsha Blackburn

Housing was ground zero for the Great Recession. Between early 2006 and Obama's inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half.

Quotes by Mark Zandi

President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring.

Quotes by Mark Zandi

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.

Quotes by Lester Bangs

UC Merced is the University of California's newest campus and lies among farm fields in the San Joaquin Valley, 2 1/2 hours east of San Francisco and not far from where I spent most of my childhood. It's a part of California that has suffered deeply from the recession with high unemployment and a skyrocketing home foreclosure rate.

Quotes by Lester Holt

I don't want to be partisan here. But please, tell me how you get out of a business recession by raising business taxes and regulations?

Quotes by Lawrence Kudlow

The economy has barely recovered from the so-called 'Great Recession', with a 2 percent annual rate of growth since mid-2009. Peak worker wages, business investment, and productivity all occurred around the year 2000.

Quotes by Lawrence Kudlow

Does anybody remember, back in the depths of the recession of 1981-82, how President Reagan kept his chin up and exhorted American businesses to work hard and produce an economic recovery?

Quotes by Lawrence Kudlow

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.

Quotes by Lael Brainard

Flint is a big, industrial city. But when I was growing up, they had the recession, lead in the water, and all this other stuff. The city was really depleted.

Quotes by Kyle Kuzma

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.

Quotes by Kevin Hassett

The Bank of England's Carney is worried the shock of Britain's vote to leave the E.U. could cause households and businesses to temporarily halt spending, which could stop the economy and even spur a recession.

Quotes by Kelly Evans

The collapse of the housing bubble sent the world spiraling into recession. The collapse of the energy and commodity bubble threatens to be just as damaging.

Quotes by Kelly Evans

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.

Quotes by John Quelch

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.

Quotes by John Delaney

Created by Congress as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the CFPB was a direct response to the financial crisis and ensuing Great Recession that began with the subprime mortgage debacle and the unraveling of Lehman Brothers investment bank.

Quotes by Joe Sestak

In the middle of a recession, where we're just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster.

Quotes by Joe Biden

The unemployment rate has effectively not gone down from where it was at the peak of the recession. The only reason it's gone technically from 10 percent to 8 percent is so many people are discouraged and have quit work.

Quotes by Jim Talent

Throughout the nineteen-seventies and eighties, especially during periods of recession, employees were moved from offices to cubicles.

Quotes by Jill Lepore

The financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies.

Quotes by Jerome Powell

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.

Quotes by Jeffrey Eugenides

The unhappy irony is that, while 'Glee' is hitting the heights, school arts funding is being slashed across the country due to the steep recession and declining tax revenues.

Quotes by James Wolcott

Anyone who has followed the U.S. economy in recent years can tell you while corporate America and their wealthy executives have recovered from the last recession, middle-class families have not. About 95 percent of income gains between 2009 and 2012 went to the top one percent.

Quotes by James P. Hoffa

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.

Quotes by James Douglas

The tax relief package enacted in 2001 was central to pulling the economy out of the post 9-11 recession. It's the reason we've got low unemployment and have created more than two million jobs in the last year.

Quotes by J. D. Hayworth

The Great Recession rocked the foundation of every financial institution, including Johnson Bank. We were struggling, and it was happening under my watch.

Quotes by Helen Johnson-Leipold

No one saw the recession coming.

Quotes by Gordon Ramsay

In response to the recession, the Obama administration chose to emphasize costly, short-term fixes - ineffective stimulus programs, myriad housing programs that went nowhere, and a rush to invest in 'green' companies. As a consequence, uncertainty over policy - particularly over tax and regulatory policy - slowed the recovery.

Quotes by Glenn Hubbard

In the immediate postwar years, the whole of Europe was in a recession. So first of all, it helped us step out of a recession; it gave a certain amount of speed to the economy. But that was the first step.

Quotes by Giovanni Agnelli

Believing that a crisis is a useful thing to create, the Obama administration - which understands that, for liberalism, worse is better - has deliberately aggravated the fiscal shambles that the Great Recession accelerated.

Quotes by George Will

Over the last decade, economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians apparently being settled by events. But the Great Recession of the last two years has changed everything.

Quotes by Gavyn Davies

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

Quotes by Frederick Jackson Turner

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.

Quotes by Franklin Raines

If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession.

Quotes by Franklin Raines

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

Quotes by Francois-Henri Pinault

Street protests in Saudi Arabia might warm our hearts, but they could easily lead to $250 a barrel oil and a global recession.

Quotes by Fareed Zakaria

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.

Quotes by Evan Davis

Aggressive government spending during the Great Recession was absolutely necessary.

Quotes by Eric Garcetti

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.

Quotes by Eric Cantor

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.

Quotes by Eric Alterman

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.

Quotes by Elaine Chao

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

Quotes by Edgar Fiedler

Experience shows that a recession is never the result of just a few large industries dragging the economy down while the others continue to expand.

Quotes by Edgar Fiedler

You do not have to be an economist to know that putting up the cost of employing someone is a pretty barking thing to do when you're trying to get out of a recession.

Quotes by David Cameron

Amid all the job losses of the Great Recession, there is one category of worker that the economic disruption has been good for: nonhumans.

Quotes by Daniel Lyons

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

Quotes by Daniel Hannan

Millennials are a very interesting generation for a lot of reasons. They're absolutely adorable, but they have some significant challenges. Their lives and their careers are delayed by about 10 years, partly because of the recession, also because of technology and also because of the way that they approach things.

Quotes by Dana Perino

Wall Street excesses helped lead to the Great Recession.

Quotes by Chuck Schumer

Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause our gross domestic product, which has been growing at an annual rate of around 2 percent, to fall at a rate of 2.9 percent in the first half of 2013.

Quotes by Christina Romer

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

Quotes by Christian Audigier

During the slow recovery after the Great Recession, inflation was very low, and it took us a while to get it back moving up.

Quotes by Charles L. Evans

Nevada was hit hardest by the recession - highest unemployment, highest foreclosure rate, highest bankruptcy rate.

Quotes by Brian Sandoval

The 1980s was a time of the great recession of interactive entertainment. When Atari fell in 1982, until Nintendo launched its console, video games were an outcast for five years.

Quotes by Bing Gordon

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.

Quotes by Bill Gross

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.

Quotes by Bill Gross

The Adversity Index was created by msnbc.com and Moody's Analytics to track the economic fortunes of states and metro areas. Each month, the Adversity Index uses government data on employment, industrial production, housing starts and home prices to label each area as expanding, at risk of recession, in recession or recovering.

Quotes by Bill Dedman

President Zardari came to power just as the global recession hit. He had to cobble together an unruly coalition, put up with a constant assault from a conservative supreme court who sought to undermine him at every term. This does not include dealing with Pakistani's omnipotent establishment and the menace of terrorism.

Quotes by Bilawal Bhutto Zardari

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

Quotes by Ben Stein

The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses.

Quotes by Ben Bernanke

This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.

Quotes by Austan Goolsbee

What happened is we went into a recession beginning in December of 2007 that was the worst since 1929. And it is a very deep hole that we have been struggling to get out of.

Quotes by Austan Goolsbee

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.

Quotes by Arne Duncan

If the program goes off track again due to recession, this should not become a pretext for the imposition of more austerity measures.

Quotes by Antonis Samaras

Our first goal is to stop the recession and start with recovery.

Quotes by Antonis Samaras

When we were at peace, Democrats wanted to raise taxes. Now there's a war, so Democrats want to raise taxes. When there was a surplus, Democrats wanted to raise taxes. Now that there is a mild recession, Democrats want to raise taxes.

Quotes by Ann Coulter

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.

Quotes by Angela Merkel

I think that in the near term the only threat to demand is some form of recession here in the United States.

Quotes by Andrew Gould

We simply can't spend our way out of a recession.

Quotes by Ander Crenshaw

In my view, if you have one in 10 unemployed - something is wrong with the economy whether you call it recession or not.

Quotes by Amity Shlaes

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.

Quotes by Adam Neumann

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Today's Quote

There's always room for improvement. That's my mindset.

Quote Of The Day

Today's Shayari

दौर वह आया है कातिल की सज़ा कोई नहीं...
हर सज़ा उसके लिए है, जिसकी खता कोई नहीं...!!

Shayari Of The Day

Today's Joke

टीचर- अल्लामा इकबाल के इस शेर का मतलब बताओ?

खोल आंख जमीन देख, फलक देख, फिजा देख मसरिक से उभरते...

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Today's Status

Next to hurting my family, cheating on me is the worst thing someone could do.

Status Of The Day

Today's Prayer

The money miracle that the Lord has organized to come to me today will not be aborted. I receive all...

Prayer Of The Day