#great depression

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

#depression #everyone #faced #fact #great

The minimum wage was enacted in 1937 during the Great Depression and it has been increased 16 times. It's a well-established economic policy to help families. ↗

— John Freeman

#depression #during #economic #economic policy #enacted

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. ↗

— Milton Friedman

#depression #economy #government #great #great depression

But if, if you take a look at what would have happened, I mean, do we need to see soup lines down the street to figure out what would have happened? We avoided - and all economists will tell you that millions of jobs were saved because of the Recovery Act, and we avoided a second Great Depression. That, that is a reality. ↗

— Alexi Giannoulias

#avoided #because #depression #down #economists

Investing in auto companies and ensuring a financial collapse didn't lead not from a recession to a great depression may not have been the most popular thing to do, but it was the right thing to do. ↗

— Robert Gibbs

#been #collapse #companies #depression #ensuring

But despite historic levels of obstruction, President Obama was able to bring the economy back from the verge of a second Great Depression. ↗

— Steny Hoyer

#back #bring #depression #despite #economy

But through world wars and a Great Depression, through painful social upheaval and a Cold War, and now through the attacks of September 11, 2001, our Nation has indeed survived. ↗

— Nick Rahall

#cold #cold war #depression #great #great depression

After the Great Depression and after public urging, a nationwide public competition was held to determine a design for a memorial that would honor President Thomas Jefferson's bold vision for westward expansion for America. ↗

— Russ Carnahan

#america #bold #competition #depression #design

I think if there's a great depression there might be some hope. ↗

— Lawrence Ferlinghetti

#great #great depression #hope #i #i think

Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933. ↗

— Ben Bernanke

#crisis #depression #despite #essentially #federal