Recession Quotes

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. Mark Zandi
Great Country Half Recession Cities Obama Diverse More Area Prices Vegas Between Fell House Housing Than Average Inauguration Certain Across Ground Ground Zero Including Orlando Zero Las Vegas Early Third
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
Today Great Problem Financial Made Recession Too Market Way Broader Bad Followed Bubble Mortgage Calamity Economy Particularly Tight Housing Housing Market Contrast Get Paved Creating Hard Credit Millions Loans
It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the government's overreach. In reality, the FHA shows how government action during the Great Recession forestalled a much worse economic fate. Mark Zandi
Government Great Reality Fate Example Become Action Recession Intervention Worse Those Favorite Economic Economy How Trying Against Much Show Shows Fashionable Rail
The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it. Mark Zandi
Success Finance Government Great Strong Nation Recession Intervention Evidence System Would Mortgage Economy Also Although Messy Without Been Provides Lot Role Should Play Things
The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession. Mark Zandi
Key Recession Would Would-Be Expansion List Tax Holidays Workers Avoiding Payroll Payroll Tax Extension Number
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
Work Recession Dig Back Out Pretty Obvious Passed Reductions Get American Going Tax Republicans Helped Play
Making new products is an easy tap for a company in a recession. Martin Naughton
Recession Easy New Making Tap New Products Products Company
Women in finance bore the brunt of layoffs more than their male counterparts during the Great Recession in 2008 and were also more likely to have been in back office jobs that were replaced by computers. Mary Pilon
Finance Great Women Recession Back Jobs Bore More Brunt Layoffs Computers Counterparts Likely Also Were Been Male Replaced Than Office
Americans don't think we should be raising taxes on anybody, especially in the middle of a recession. Mitch McConnell
Think Recession American Anybody Middle Taxes Should Raising Raising Taxes
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
Increase Recession Jobs Because Any Middle Tax Tax Increase Justified Should Measure Defeated
The trouble is that the average trader on Wall Street, he or she is so young, he doesn't even remember the recession of 2001, let alone the previous one. Nouriel Roubini
Alone Remember Trouble Young Recession Previous He He Or She She Trader Wall Wall Street Average Even Street
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
World Burden Will Country Consequences Recession Drama Our Bear Economic Since Because Happened Which
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
Good Happy Opportunities Good Job Job Before Recession Medium Way Plum Cable Had Longer Robust Becoming Affected Lot Options Done Artists Hollywood Deemed Film Actor Film Actors
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
Change Suffering People Will Think Recession Other Top Financially Some About Through Concerned America Afghan Going Children Board Agendas Across Now Palestinian Palestinian People Right Things
Long periods of recession, which tend to be self-perpetuating, are usually ended by war, or by preparations for it. Paul Johnson
War Long Recession Tend Long Periods Periods Ended Which Preparations
A temporary reduction in tax rates on individual incomes can be a powerful weapon against recession. Paul Samuelson
Recession Weapon Temporary Rates Individual Powerful Powerful Weapon Reduction Tax Against Tax Rates Incomes
Americans know that we cannot tax and spend our way out of a recession, yet Democrats can't grasp this simple fact. Pete Sessions
Simple Recession Our Spend Way We Cannot Out Simple Fact Fact Know Democrats American Tax Cannot Grasp
History shows that tax increases during a recession are a recipe for greater unemployment and economic loss. Pete Sessions
History Recession Increases Recipe Economic Greater Loss Unemployment Tax Tax Increases Shows
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. Ray Dalio
Problem Financial Problems Recession Also Causes Than Anything China Meaning Less Growth Disruptive
The quality of our journalism will make or break our industry, not the recession. Rebekah Brooks
Quality Will Recession Our Journalism Make Industry Break
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. Richard Edelman
Time Great Business Focus Recession Enterprise Leaders Performance Over Most Narrow Wake Short-Term Business Leaders
Things are pretty good in Canada. We weathered the recession fairly well. And, of course, were up here up living here, we're watching American news and we're constantly saying, wow, it's not as bad as it is in the United States. Rick Mercer
Saying Good News Living Recession States Bad Constantly Wow Pretty Weathered Pretty Good Well Fairly Course Were Up Canada American United United States Things Here Watching
The reason inflation was brought down to manageable levels, by the time of Ronald Reagan's re-election, was directly attributable to Jimmy Carter's very courageous act, hiring a Federal Reserve chair, with the charge to induce a recession. That recession was probably the reason he didn't win a second term. Rick Perlstein
Time Win Inflation Down Recession Jimmy Charge Carter Brought Directly Federal Federal Reserve He Term Re-Election Induce Attributable Courageous Reagan Hiring Very Manageable Act Reason Chair Reserve Second Levels Second Term By The Time
Faced with a deep recession, some say the answer is to expand the role of government. Rick Scott
Government Recession Say Some Faced Answer Expand Role Deep
When historians consider the significance of the Berlin crises of the mid-20th century, I do not believe that they will record it as an incident in the encirclement of freedom. The true view, in my judgment, will be to see it rather as a major episode in the recession of communism. Robert Kennedy
Freedom Communism Will Judgment Believe Recession Consider Crises Berlin Significance See Record Rather True Major Historians Century Episode View Incident
There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions. Robert Reich
Business Will Recession Like Always Hit Get Workers Next Cycle White-Collar
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