#recession

For years, we've grown dependant on American consumers as the world's spenders of last resort. They've kept Europe out of recession, allowed China to industrialise, and prevented global deflation. But at the same time, they've not been looking after their own futures. ↗

— Evan Davis

#allowed #american #american consumers #been #china

The unhappy irony is that, while 'Glee' is hitting the heights, school arts funding is being slashed across the country due to the steep recession and declining tax revenues. ↗

— James Wolcott

#arts #being #country #declining #due

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

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

And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms. ↗

— Franklin Raines

#fannie #high #interest #investors #low

Recession is when a neighbor loses his job. Depression is when you lose yours. ↗

— Ronald Reagan

#depression #his #job #lose #loses

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

Recently released government economic statistics covering 2010, the first year of real recovery from the financial collapse of 2008, found that fully 93 percent of additional income gains coming out of the recession went straight into the wallets and purses of the top 1 percent. ↗

— Eric Alterman

#collapse #coming #covering #economic #financial

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