#recess

The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it. ↗

— Mark Zandi

#although #been #demonstrates #during #economy

There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly. ↗

— Mark Zandi

#different #flavors #get #into #pretty

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy. ↗

— Mark Zandi

#broader #bubble #calamity #contrast #creating

Hope sustains life, but misplaced hope prolongs recessions. ↗

— James Grant

#life #misplaced #prolongs #recessions #sustains

Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession. ↗

— William Greider

#bankrupt #bottom #economic #economic policy #economy

We got into a recession because the global economy went into the recession and we're a big exporting nation. ↗

— Stephen Harper

#big #economy #exporting #global #global economy

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. ↗

— J. D. Hayworth

#created #economy #enacted #got #jobs

I think the ethos for Gov. Romney is to use a whole variety of policies, of which tax policy is one, to try to raise the rate of growth. We've had a recovery from the financial crisis that would be well below what one might normally expect for a recovery from such a deep recession. And to counteract that we need better tax policy. ↗

— Glenn Hubbard

#better #counteract #crisis #deep #ethos

In the immediate postwar years, the whole of Europe was in a recession. So first of all, it helped us step out of a recession; it gave a certain amount of speed to the economy. But that was the first step. ↗

— Giovanni Agnelli

#certain #economy #europe #first #first of all

This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined. ↗

— Austan Goolsbee

#combined #deepest #lifetimes #only #our