#recession

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

There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions. ↗

— Robert Reich

#business #cycle #get #hit #like

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 exposure from 'Iron Chef' has been helpful, but at the end of the day your product and your service determine whether you get customers or not. If people decide to eat out less during a recession, the first restaurants that they will cut out are the ones that don't do a great job. ↗

— Michael Symon

#chef #customers #cut #day #decide

President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring. ↗

— Mark Zandi

#agree #changes #cliff #current #current law

In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497. ↗

— Warren Buffett

#century #conflicts #depression #disgraced #dozen

Up until the Depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion. ↗

— James Buchan

#body #business #character #depression #economic

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

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