#recess

There are more people at Obama's table offering ideas than there were five years ago, but when it came to facing up to the Republicans' threat to force a double-dip recession if they didn't get their millionaires' tax cut, they still amounted to nothing. And therein lies our fundamental problem. ↗

— Eric Alterman

#amounted #came #cut #facing #five

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

As sure as the spring will follow the winter, prosperity and economic growth will follow recession. ↗

— Bo Bennett

#economic #economic growth #follow #growth #prosperity

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

There are always, of course, job losses of a cyclical nature in a recession. ↗

— Tim Bishop

#course #cyclical #job #job losses #losses

Republicans are not going to play I-told-you-so, but it is pretty obvious that the tax reductions passed in 2003 helped Americans dig out of a recession and get back to work. ↗

— Marsha Blackburn

#dig #get #going #helped #obvious

State governments generate less revenue in a recession. As state leaders struggle to make up for lost revenue, legislatures tend to cut funding for higher education. Colleges, in turn, answer these funding cuts with tuition hikes. ↗

— Arne Duncan

#colleges #cut #cuts #education #funding

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. ↗

— Jeffrey Eugenides

#bad #began #booming #economy #expecting

This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and stabilize. ↗

— Timothy Geithner

#business #crisis #cycle #downturn #economies

I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board. ↗

— Warren Buffett

#almost #am #back #board #bull