Recession Quotes
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.
James Talent
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.
Bill Gross
So, for example, a country was into recession right after I was sworn in, a dot-com bust had taken place. Then the attacks of September the 11th, and then of course the great financial meltdown in the -the fundamental question facing any presidency is how do you deal with the hand you're dealt?
George W. Bush
The job numbers are positive. We've had more jobs created now than were lost during the recession. We're seeing that the creation, we're seeing those numbers not only grow but shift toward the private sector and shift toward full-time employment and these are all signs that the recovery is taking some hold but we're not out of woods.
Stephen Harper
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.
Omar Bongo
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.
Marsha Blackburn
The people that make this country work, the people who pay on their mortgages, the people getting up and going to work, striving in this recession to not participate in it, they're not the enemy. They're the people that hire you. They're the people that are going to give you a job.
Rush Limbaugh
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
We're still in a recession. We're not gonna be out of it for a while, but we will get out.
Warren Buffett
Nobody's profitable at this moment, because recession is on; advertising dollars are down, and expenses are way up. So that kind of belies the situation that you would expect, because the ratings are way up everywhere.
Brit Hume
I think the ethos for Gov. Romney is to use a whole variety of policies, of which tax policy is one, to try to raise the rate of growth. We've had a recovery from the financial crisis that would be well below what one might normally expect for a recovery from such a deep recession. And to counteract that we need better tax policy.
Glenn Hubbard
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.
Ann Coulter
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
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.
James Wolcott
The exposure from 'Iron Chef' has been helpful, but at the end of the day your product and your service determine whether you get customers or not. If people decide to eat out less during a recession, the first restaurants that they will cut out are the ones that don't do a great job.
Michael Symon
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.
Austan Goolsbee
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.
Tommy Shaw
We have not recovered all that we lost in the Bush recession. That's why we need to continue to move forward.
Martin O'Malley
The economic recession in America wasn't caused by bad luck; it was caused by bad Republican policies. But the Republican candidates are doubling down on the same flawed policies that led to the loss of 3.6 million jobs in the final months of 2008 and gravely affected middle class families across America.
Debbie Wasserman Schultz
I favor the extension of the middle-class tax cuts because in a recession they're stimulative and they help with demand.
Peter Welch
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.
Yiannis Stournaras
If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold.
Jeffrey Sachs
The existence of an area of free land, its continuous recession, and the advance of American settlement, explain American development.
Frederick Jackson Turner
It's a recession when your neighbor loses his job; it's a depression when you lose yours.
Harry S. Truman
We got into a recession because the global economy went into the recession and we're a big exporting nation.
Stephen Harper