#recession

The economic recession in America wasn't caused by bad luck; it was caused by bad Republican policies. But the Republican candidates are doubling down on the same flawed policies that led to the loss of 3.6 million jobs in the final months of 2008 and gravely affected middle class families across America. ↗

— Debbie Wasserman Schultz

#affected #america #bad #bad luck #candidates

Around '75 when the recession hit, club owners started going to disco because it was cheaper for them to just buy a sound system than it was to hire a band. ↗

— Tommy Shaw

#band #because #buy #cheaper #club

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

The people that make this country work, the people who pay on their mortgages, the people getting up and going to work, striving in this recession to not participate in it, they're not the enemy. They're the people that hire you. They're the people that are going to give you a job. ↗

— Rush Limbaugh

#enemy #getting #give #going #hire

If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession. ↗

— Franklin Raines

#budget #come #cutting #deficit #effect

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

Republicans are not going to play I-told-you-so, but it is pretty obvious that the tax reductions passed in 2003 helped Americans dig out of a recession and get back to work. ↗

— Marsha Blackburn

#dig #get #going #helped #obvious

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

Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go. ↗

— Bill Gross

#company #economy #future #go #higher

You cannot spend your way out of recession or borrow your way out of debt. ↗

— Daniel Hannan

#borrow #cannot #debt #out #recession