#recess

Is it any wonder, why the approval ratings of the Congress go up every time we go into recess? ↗

— Robert Byrd

#approval #congress #every #every time #go

For years, we've grown dependant on American consumers as the world's spenders of last resort. They've kept Europe out of recession, allowed China to industrialise, and prevented global deflation. But at the same time, they've not been looking after their own futures. ↗

— Evan Davis

#allowed #american #american consumers #been #china

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

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

In the middle of a recession no tax increase is justified because it kills jobs, and any tax increase is a job-killing measure and should be defeated. ↗

— Newt Gingrich

#because #defeated #increase #job-killing #jobs

Up until the Depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion. ↗

— James Buchan

#body #business #character #depression #economic

Doing nothing and shrinking spending may save us public money in the short term but could cost us a great deal more over time as the recession takes hold for much longer. ↗

— Lucy Powell

#could #deal #doing #great #great deal

Our problem is not adopting reforms, which we will do without question. It is not reaching an objective, which we will meet. But it is finding an end to the recession. ↗

— Yiannis Stournaras

#end #finding #meet #objective #our

In China anything less than 6% growth is a recession meaning that it also causes financial problems and it's disruptive and it's a problem. ↗

— Ray Dalio

#anything #causes #china #disruptive #financial

Over the last decade, economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians apparently being settled by events. But the Great Recession of the last two years has changed everything. ↗

— Gavyn Davies

#apparently #being #between #broad #changed