#recession

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 last thing you want to do is raise taxes in the middle of the recession because that would just suck up and take more demand out of the economy and put businesses in a further hole. ↗

— Barack Obama

#businesses #demand #economy #further #hole

There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions. ↗

— Robert Reich

#business #cycle #get #hit #like

The exposure from 'Iron Chef' has been helpful, but at the end of the day your product and your service determine whether you get customers or not. If people decide to eat out less during a recession, the first restaurants that they will cut out are the ones that don't do a great job. ↗

— Michael Symon

#chef #customers #cut #day #decide

Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rick as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told. ↗

— Ha-Joon Chang

#economy #recession #social-justice #tax-cuts #taxation

The test of a progressive policy is not private but public, not just rising income and consumption for individuals, but widening the opportunities and what Amartya Sen calls the 'capabilities' of all through collective action. But that means, it must mean, public non-profit initiative, even if only in redistributing private accumulation. Public decisions aimed at collective social improvement from which all human lives should gain. That is the basis of progressive policy—not maximising economic growth and personal incomes. Nowhere will this be more important than in tackling the greatest problem facing us this century, the environmental crisis. Whatever ideological logo we choose for it, it will mean a major shift away from the free market and towards public action, a bigger shift than the British government has yet envisaged. And, given the acuteness of the economic crisis, probably a fairly rapid shift. Time is not on our side. ↗

— Eric J. Hobsbawm

#britain #climate-change #economics #environmentalism #free-market

Financial crashes happen precisely because the people who remember the last one have either died or retired and thus are no longer around, with memories and character formed by that previous experience, to warn people not to be irresponsible. ↗

— N.T. Wright

#finance #memory #recession #responsibility #experience

Recession is when your neighbor loses his job. Depression is when you lose yours. And recovery is when Jimmy Carter loses his. ↗

— Ronald Reagan

#depression #recession #slogan #job

In the middle of a recession, where we're just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster. ↗

— Joe Biden

#disaster #economy #idea #just #middle

So, for example, a country was into recession right after I was sworn in, a dot-com bust had taken place. Then the attacks of September the 11th, and then of course the great financial meltdown in the -the fundamental question facing any presidency is how do you deal with the hand you're dealt? ↗

— George W. Bush

#any #attacks #bust #country #course