#recession

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

If the program goes off track again due to recession, this should not become a pretext for the imposition of more austerity measures. ↗

— Antonis Samaras

#austerity #become #due #goes #imposition

The test of a progressive policy is not private but public, not just rising income and consumption for individuals, but widening the opportunities and what Amartya Sen calls the 'capabilities' of all through collective action. But that means, it must mean, public non-profit initiative, even if only in redistributing private accumulation. Public decisions aimed at collective social improvement from which all human lives should gain. That is the basis of progressive policy—not maximising economic growth and personal incomes. Nowhere will this be more important than in tackling the greatest problem facing us this century, the environmental crisis. Whatever ideological logo we choose for it, it will mean a major shift away from the free market and towards public action, a bigger shift than the British government has yet envisaged. And, given the acuteness of the economic crisis, probably a fairly rapid shift. Time is not on our side. ↗

— Eric J. Hobsbawm

#britain #climate-change #economics #environmentalism #free-market

Recession is when your neighbor loses his job. Depression is when you lose yours. And recovery is when Jimmy Carter loses his. ↗

— Ronald Reagan

#depression #recession #slogan #job

In the middle of a recession, where we're just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster. ↗

— Joe Biden

#disaster #economy #idea #just #middle

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

#because #burden #consequences #country #drama

It's a recession when your neighbor loses his job; it's a depression when you lose yours. ↗

— Harry S. Truman

#his #job #lose #loses #neighbor

I think the ethos for Gov. Romney is to use a whole variety of policies, of which tax policy is one, to try to raise the rate of growth. We've had a recovery from the financial crisis that would be well below what one might normally expect for a recovery from such a deep recession. And to counteract that we need better tax policy. ↗

— Glenn Hubbard

#better #counteract #crisis #deep #ethos

This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined. ↗

— Austan Goolsbee

#combined #deepest #lifetimes #only #our

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

#because #defeated #increase #job-killing #jobs