Recession Quotes
- Page 2I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
Warren Buffett
Canada is in budgetary deficit now only because of the recession, only because of stimulus measures, and we will come out of it. We will go back into surplus position when the economy recovers. So there is no need in Canada to raise taxes.
Stephen Harper
The attacks on the World Trade Center and the current economic recession, which is particularly powerful in New York City, have put a number of building plans on hold for the time being.
David Rockefeller
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.
Glenn Hubbard
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.
Paul Ryan
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.
J. D. Hayworth
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.
Joe Biden
I think that in the near term the only threat to demand is some form of recession here in the United States.
Andrew Gould
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.
Jim Fowler
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.
Jay Carney
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.
Newt Gingrich
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.
Eric Cantor
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.
Arne Duncan
I don't think the Palestinian people or Afghan children or some other things I'm concerned about are at the top of other people's agendas - not right now, when America is going through such a recession and people are suffering across the board financially. But I think all that will change.
Patti Smith
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.
Giovanni Agnelli
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
Americans don't think we should be raising taxes on anybody, especially in the middle of a recession.
Mitch McConnell
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.
Timothy Geithner
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.
Jeffrey Eugenides
In these times of the 'Great Recession', we shouldn't be trying to shift the benefits of wealth behind some curtain. We should be celebrating and encouraging people to make as much money as they can. Profits equal tax money. While some people might find it distasteful to pay taxes, I don't. I find it patriotic.
Mark Cuban
Street protests in Saudi Arabia might warm our hearts, but they could easily lead to $250 a barrel oil and a global recession.
Fareed Zakaria
We've been in a war and a recession. That's why acccent colors with yellow and purple are popular. They're optimistic and flirty and happy colors.
David Bromstad
The last thing you want to do is raise taxes in the middle of the recession because that would just suck up and take more demand out of the economy and put businesses in a further hole.
Barack Obama
Canadians know that the promise of a recession didn't happen because of anything we did here. If you look at all the causes of the recession, problems in mortgage markets, the problems in the banking sector, the problems in government finance in countries like Greece, none of those problems were in present Canada.
Stephen Harper
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
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.
R. A. Salvatore
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