- Excluded
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- Nov 07, 2020
Recession Quotes
The numbers move first; people feel it last and longest.
These quotes trace how a recession actually unfolds, from a housing bubble's collapse sending shockwaves through the wider economy to warnings that families already stretched thin absorb the worst of any downturn first.
- Last Updated on May 30, 2021
- City
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- Nov 07, 2020
Flint is a big, industrial city. But when I was growing up, they had the recession, lead in the water, and all this other stuff. The city was really depleted.
- Day
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- Nov 07, 2020
Lunchroom economic conversations are inevitably graced with at least one statement from an old-timer along the lines of, 'In my day, we walked 10 miles in the snow just to get to the recession.' In fact, the nature of recessions hasn't changed much over the years.
- Energy
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- Nov 07, 2020
The collapse of the housing bubble sent the world spiraling into recession. The collapse of the energy and commodity bubble threatens to be just as damaging.
- Back
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- Nov 07, 2020
It is well documented that brands that increase advertising during a recession, when competitors are cutting back, can improve market share and return on investment at lower cost than during good economic times.
- Like
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- Nov 07, 2020
We have been dealt a very weak hand by the financial market meltdown, bailouts, and recession. We can't act like it's a strong one.
- Great
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- Nov 07, 2020
Created by Congress as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the CFPB was a direct response to the financial crisis and ensuing Great Recession that began with the subprime mortgage debacle and the unraveling of Lehman Brothers investment bank.
- Economy
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- Nov 07, 2020
In the middle of a recession, where we're just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster.
- People
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- Nov 07, 2020
The unemployment rate has effectively not gone down from where it was at the peak of the recession. The only reason it's gone technically from 10 percent to 8 percent is so many people are discouraged and have quit work.
- Periods
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- Nov 07, 2020
Throughout the nineteen-seventies and eighties, especially during periods of recession, employees were moved from offices to cubicles.
- Crisis
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- Nov 07, 2020
The financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies.
- Job
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- Nov 07, 2020
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.
- Corporate America
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- Nov 07, 2020
Anyone who has followed the U.S. economy in recent years can tell you while corporate America and their wealthy executives have recovered from the last recession, middle-class families have not. About 95 percent of income gains between 2009 and 2012 went to the top one percent.
- More
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- Nov 07, 2020
The tax relief package enacted in 2001 was central to pulling the economy out of the post 9-11 recession. It's the reason we've got low unemployment and have created more than two million jobs in the last year.
- Foundation
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- Nov 07, 2020
The Great Recession rocked the foundation of every financial institution, including Johnson Bank. We were struggling, and it was happening under my watch.
- Nov 07, 2020
No one saw the recession coming.
- Green
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- Nov 07, 2020