It is no mere coincidence that there is both an historic and a present relationship between community (people assisting each other) and a poverty of power due to financial recession.
Rising unemployment and the recession have been the price that we have had to pay to get inflation down. That price is well worth paying.norman lamont
It's a recession when your neighbour loses his job; it's a depression when you lose yours. See Reagan 680:55.harry s. truman
In the wake of the Cultural Revolution and now of the recession I observe a mounting pressure to co-operate and to promote "teamwork". For its anti-individualistic streak, such a drive is of course highly suspect; some people may not be so sensitive to it, but having seen the Hitlerjugend in action suffices for the rest of your life to be very wary of "team spirit". Very.edsger w. dijkstra
[Obama White House] rescued the economy from the worst recession.rahm emanuel
Talk of the "imperial decay" of your invalid port. "Its gracious withdrawal from perfection, keeping a hint of former majesty withal, as it hovers between oblivion and the divine Untergang of infinite recession."Stephen Potter
"The recession is over." This phrase has been used twice a year since 1973 by government leaders throughout the West. Its meaning is unclear. See: Depression.john ralston saul
It's a recession when your neighbor loses his job; it's a depression when you lose yours.harry s. truman
A standard of living is of the nature of habit. ...it acts almost solely to prevent recession from a scale of conspicuous expenditure that has once become habitual.thorstein veblen
We used to think that you could spend your way out of a recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists, and in so far as it ever did exist, it only worked on each occasion since the war by injecting a bigger dose of inflation into the economy, followed by a higher level of unemployment as the next step.james callaghan
It's not just about the current economic environment. History shows that slashing budgets always leads to recession.ha-joon chang
Like other presidents before him, Barack Obama inherited a recession. But unlike them, he has made it worse, not better.mitt romney
In the large sense the primary cause of the Great Depression was the war of 1914-1918. Without the war there would have been no depression of such dimensions. There might have been a normal cyclical recession; but, with the usual timing, even that readjustment probably would not have taken place at that particular period, nor would it have been a "Great Depression."herbert hoover
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