#recess

The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses. ↗

— Ben Bernanke

#businesses #crisis #declines #destroyed #economic

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

#colleges #cut #cuts #education #funding

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

#bad #began #booming #economy #expecting

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

#because #dollars #down #everywhere #expect

I used to sit on the other end of Pennsylvania Avenue and wonder why the Senate was always going into recess, until in my first year I realized how intense the pressure was. ↗

— Hillary Clinton

#avenue #end #first #going #how

I personally believe that there's going to be a good case for the government preserving some type of guarantee to make sure that people have the ability to borrow to finance a house even in a very damaging recession. I think there's going to be a good case for that. ↗

— Timothy Geithner

#believe #borrow #case #damaging #even

I favor the extension of the middle-class tax cuts because in a recession they're stimulative and they help with demand. ↗

— Peter Welch

#cuts #demand #extension #favor #help

According to research from punchaguywithglasses.com, homeless people are making as much money as most recent college graduates. ↗

— Jarod Kintz

#economic-depression #funny #homeless-people #joblessness #recession

I've been a radio and television news person since I was 19 years old. I'm 57 years old now. But the advantage is that I have studied, investigated, and reported over those years on nearly every major story from wars and recessions to grass roots local issues. ↗

— George Noory

#been #every #grass #grass roots #i

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

#continue #forward #lost #move #move forward