#recess

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

— Tim Bishop

#course #cyclical #job #job losses #losses

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 the economic empowerment of women that has been growing over the past decade is at the 'inflection point' with this global recession. Women are, we believe, the solution for their families in their ability to go out and increase household income. ↗

— Andrea Jung

#been #believe #decade #economic #empowerment

The simple fact of the matter is, as I know everyone in this room knows, that the recession that this country faced when this President took office was the worst since the Great Depression. ↗

— Jay Carney

#depression #everyone #faced #fact #great

Investing in auto companies and ensuring a financial collapse didn't lead not from a recession to a great depression may not have been the most popular thing to do, but it was the right thing to do. ↗

— Robert Gibbs

#been #collapse #companies #depression #ensuring

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

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

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

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