Quotes on the topic: Recession


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In a recession, you must be able to call into question everything you've done before.


No I don't think it was a myth at all, anymore than what the recession that the whole country was experiencing was a myth, which obviously seems like it's going to get worse and worse.


Ironically, for the mega-rich, recession brings with it the ability to live well at a lower cost and with less of a hassle.


Every time there is a recession, consumers will typically be more cautious, more conservative, take more time, and make more serious price-performance trade-offs.


New York never felt the recession. New York never felt a depression.


People stop buying things, and that is how you turn a slowdown into a recession.


Throughout the nineteen-seventies and eighties, especially during periods of recession, employees were moved from offices to cubicles.


I realized it was happening, but most people didn't realize it was happening. I mean, because as a self-employed person, when there is a recession or a cutback in the economy, we feel it first. Because many self-employed people provide services that are nonessential.


No one saw the recession coming.


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.


We simply can't spend our way out of a recession.


People don't walk away from their homes unless they can't make the payments. That's an indication that we are in a recession.


You do not have to be an economist to know that putting up the cost of employing someone is a pretty barking thing to do when you're trying to get out of a recession.


Everyone drinks more during a recession; they want to forget.


All of this talk of recession offends me. I am delighted that bankers have less money.


A recession is predominantly for the middle class. Where I come from, the majority of people have always lived in a recession.


Nevada was hit hardest by the recession - highest unemployment, highest foreclosure rate, highest bankruptcy rate.


If there's a recession, I'd buy stocks. That's when you make money: when markets are spooked.


I think that in the near term the only threat to demand is some form of recession here in the United States.


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