Harry Truman: A Recession or Depression?

Posted by admin on Thursday, January 11, 2018

Harry Truman Money Quote saying it’s tough to tell when tough economic times turn to terrible depression – but one way to tell is if you are still employed. Harry Truman said:
 

 

It’s a recession when your neighbor loses his job; it’s a depression when you lose your own — Harry Truman

 
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Daniel Hannan: Spending Recession & Debt

Posted by admin on Monday, January 12, 2015

Daniel Hannan Money Quotation saying spending won’t solve the problems that cause recession – creating more debt won’t fix it. Daniel Hannan said:

You cannot spend your way out of recession or borrow your way out of debt
— Daniel Hannan