Posts Tagged ‘recession’
Joe Biden: Millionaires Recession
on Friday, January 15, 2021Joe Biden Money Quote saying millionaires have been free of financial burden faced by the poor to lift the economy and they should be asked. Joe Biden said:
“Millionaires are just as patriotic as poor people. The very wealthy are just as noble and patriotic as the middle class. But nothing has been asked of them in this horrendous recession. And it’s time we just ask” — Joe Biden
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David McWilliams: Pandession Is
on Monday, May 25, 2020David McWilliams Money Quote saying Irish economist that the global pandemic is having new effects on the world economy which requires a new term he has coined – Pandession. David McWilliams said:
“We are not living through a recession. Nor are we witnessing a depression. We are suffering from something new, something I’d like to term a “Pandession”. We have chosen to minimise needless death at the price of huge economic damage. This economic, social and political destruction is the Pandession” — David McWilliams
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Harry Truman: A Recession or Depression?
on Thursday, January 11, 2018Harry 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
on Monday, January 12, 2015Daniel 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
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