#recession

The unemployment rate has effectively not gone down from where it was at the peak of the recession. The only reason it's gone technically from 10 percent to 8 percent is so many people are discouraged and have quit work. ↗

— Jim Talent

#down #effectively #gone #many #only

We escaped the last big bursting of a bubble - the dotcom bubble - with a relatively light U.S. recession. On that occasion, the world economy found its way back on track fairly quickly. ↗

— Evan Davis

#big #bubble #bursting #economy #escaped

There was no blueprint or how-to manual for fixing a global financial meltdown, an auto crisis, two wars and a great recession, all at the same time. ↗

— Rahm Emanuel

#blueprint #crisis #financial #fixing #global

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

#go #include #life #matter #other

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets. ↗

— Peter Lynch

#get #going #happen #market #markets

Americans don't think we should be raising taxes on anybody, especially in the middle of a recession. ↗

— Mitch McConnell

#especially #middle #raising #raising taxes #recession

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

#bad #canada #constantly #course #fairly

I see nothing that points to a recession in Germany. But I see considerable long-term tasks ahead of us that have to do with markets regaining confidence in Europe and that have a lot to do with reducing debt. ↗

— Angela Merkel

#confidence #considerable #debt #europe #germany

Doing nothing and shrinking spending may save us public money in the short term but could cost us a great deal more over time as the recession takes hold for much longer. ↗

— Lucy Powell

#could #deal #doing #great #great deal

Surely, the best and most effective measure is to get the economy moving and shorten the period of recession or slowdown. That's the rationale for Gordon Brown's 'fiscal stimulus' and it sounds like a good one to me. ↗

— Lucy Powell

#brown #economy #effective #fiscal #get