#recess

If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession. ↗

— Franklin Raines

#budget #come #cutting #deficit #effect

Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending ↗

— Nassim Nicholas Taleb

#banking #economics #expertise #experts #finance

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

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

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

In these times of the 'Great Recession', we shouldn't be trying to shift the benefits of wealth behind some curtain. We should be celebrating and encouraging people to make as much money as they can. Profits equal tax money. While some people might find it distasteful to pay taxes, I don't. I find it patriotic. ↗

— Mark Cuban

#benefits #celebrating #curtain #distasteful #encouraging

I think that in the near term the only threat to demand is some form of recession here in the United States. ↗

— Andrew Gould

#form #here #i #i think #near