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Recession Quotes by Top Minds.

  • “A recession is when your neighbor loses his job. A depression is when you lose yours.” ~Ronald Reagan
  • “Rising unemployment and the recession have been the price that we have had to pay to get inflation down. That price is well worth paying.” ~Norman Lamont
  • “In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.” ~Warren Buffett
  • “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
  • “Recession is opportunity in wolf’s clothing.” ~Robin Sharma
  • “In an economic recession, naturally, when you ask people to list their priorities, they’re going to place a higher priority on the immediate economic situation.” ~Al Gore
  • “As sure as the spring will follow the winter, prosperity and economic growth will follow recession.” ~Bo Bennett
  • “There are 249 millionaires in Congress. Remember a couple of years ago when this new Congress told us they had the solution to the recession? Apparently, they didn’t share it with the rest of us.” ~Jay Leno
  • “The recession won’t be over till we raise a generation that knows how to live on what they’ve got.” ~Unknown
  • “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
Recession quotes
  • “While some people might find it distasteful to pay taxes, I don’t. I find it patriotic.” ~Mark Cuban
  • “I’ve heard there’s going to be a recession. I’ve decided not to participate. ” ~Walt Disney
  • “Wealth breeds a class of people for whom human beings are disposable commodities. Once oligarchs achieve unchecked economic and political power, as they have in the United States, the citizens too become disposable.” ~Chris Hedges
  • “I don’t think that our problem, our jobs problem, is fundamentally a problem of trade. I think it has much more to do with the fact that we have not sufficiently educated our population. We have not got out of this great recession with adequate stimulus and adequate fiscal and monetary policies over all.” ~Robert Reich
  • “History shows that tax increases during a recession are a recipe for greater unemployment and economic loss.” ~Pete Sessions
  • “Cutting libraries during a recession is like cutting hospitals during a plague.” ~Eleanor Crumblehulme
  • “Budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions. And any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low, and the soundest way to raise the revenues in the long run is to cut the rates now.” ~John F. Kennedy
  • “To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is an understatement. Wall Street indexes predicted nine out of the last five recessions! And its mistakes were beauties.” ~Paul Samuelson
  • “The fact is, there are Fortune 500 companies that have been founded during recessions.” ~Marianne Williamson
  • “You cannot spend your way out of recession or borrow your way out of debt.” ~Daniel Hannan
  • “Ladies and gentlemen, the Reagan tax cuts turned the deepest recession since the Great Depression into the largest 20-year economic boom in American history. The Reagan tax cuts of 1981 and ’86. And the same thing can happen here again. Democrats just cannot let it.” ~Rush Limbaugh
  • “A recession is very bad for publicly traded companies, but it’s the best time for startups. When you have massive layoffs, there’s more competition for available jobs, which means that an entrepreneur can hire freelancers at a lower cost.” ~Tim Ferriss
  • “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

Other Quotes

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