#great depression

Although I was not aware of it at the time, the experience of growing up during the Great Depression was to have a profound impact on my intellectual and professional career. ↗

— Lawrence R. Klein

#aware #career #depression #during #experience

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. ↗

— Milton Friedman

#depression #economy #government #great #great depression

But despite historic levels of obstruction, President Obama was able to bring the economy back from the verge of a second Great Depression. ↗

— Steny Hoyer

#back #bring #depression #despite #economy

Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933. ↗

— Ben Bernanke

#crisis #depression #despite #essentially #federal

Facts are facts: No president since Franklin Delano Roosevelt in the Great Depression inherited a worse economy, bigger job losses or deeper problems from his predecessor. But President Obama is moving America forward, not back. ↗

— Martin O'Malley

#back #bigger #deeper #delano #depression

We were growing up in West Virginia. Everybody was poor there in the southern part of the state. It was like growing up in the Great Depression from the stories I hear people tell. Everybody was poor and so we didn't know that we were any different from anybody else. ↗

— James Green Somerville

#anybody #depression #different #else #everybody