Downturn quotes:

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  • Raising taxes in an economic downturn is not a good idea. -- Martha McSally
  • The President's political travel is going to get blamed (and probably rightly) for a share of this downturn. -- Robert Teeter
  • A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market. -- Ron Chernow
  • 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
  • You know, if I listened to Michael Dukakis long enough, I would be convinced we're in an economic downturn and people are homeless and going without food and medical attention and that we've got to do something about the unemployed. -- Ronald Reagan
  • Most analysts would agree that if all the undocumented immigrants in California were deported in one day, our state would experience a severe economic downturn. This does not even consider the many cultural and spiritual gifts these immigrants bring to our state and nation. -- Roger Mahony
  • I talk to a lot of librarians, and there's always a steady drumbeat of how libraries are places of community. But a lot of them have also recently - and just in the nick of time - refurbished, because during this economic downturn, people have a tendency to borrow instead of buy. -- Paula Poundstone
  • In a downturn, aggressive PR and communications strategy is key. -- Douglas Leone
  • Markets always change, and as soon as there's downturn, cleanliness becomes a major value. -- Donald Trump
  • I managed Hewlett Packard through the worst technology downturn in 25 years, the dotcom bust. -- Carly Fiorina
  • Even without an economic downturn, women sometimes want to keep their shopping habits to themselves. -- Natalie Massenet
  • The economic downturn is our wake-up call to slow down, consume less, help each other, & live more! -- Phil Harding
  • The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so. -- Ben Bernanke
  • The evergreen story of people in debt becomes even sexier in an economic downturn, when debts inevitably get harder to pay. -- Virginia Postrel
  • The downturn following the collapse of Japan's so-called bubble economy of the 1980s was not as severe as the Great Depression. -- Ben Bernanke
  • When markets go down, opportunities go up for smart real estate investors. I would much rather play the downturn than the upturn. -- Harry S. Dent
  • We can enjoy a self-assurance that doesn't depend on the state of things outside ourselves, be it downturns or booms or whatever. -- Desmond Tutu
  • Women's golf definitely hit a bump in the road. We lost some tournaments due to a combination of things led by the downturn in the economy. -- Hollis Stacy
  • Regardless of whether we are in an upturn or a downturn, our goal is to ensure the Volkswagen Group reaches the top of the automotive industry. -- Martin Winterkorn
  • Those that believe this is merely a downturn are mad. Our industry is going to mature and as something matures, the rate of innovation does slow. -- Larry Ellison
  • Because of piracy there has been a massive downturn in people buying music, which makes it more difficult for artists to make money from the sale of records. -- Lily Allen
  • The impact of the downturn is starting to feel very real. House prices and the housing market have been taking the knock for some time and that's affecting people. -- Lucy Powell
  • A perfect storm is in the making: financial uncertainty, economic downturn, government cuts, rising unemployment and a future that looks less clear the more we try to fathom it. -- Jonathan Sacks
  • High gas prices are eating away at consumers disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel. -- Major Owens
  • High gas prices are eating away at consumer's disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel. -- Major Owens
  • Success is not a pie with a limited number of pieces. The success of others has very little bearing on your success. You and everyone you know can become successful without anyone suffering setbacks, harm, or downturns. -- Denis Waitley
  • The most effective way to shake an economy out of a terrible downturn when we're at the zero lower bound is an aggressive change in policy that makes people wake up, say 'this is a new day' and change their expectations. -- Christina Romer
  • One thing I learned in '97, when I thought the right time to found a company was during a swing-up, is that it's much better to start during an economic downturn. Partnerships are easier; hiring is easier; and the competition starts later. -- Reid Hoffman
  • Protectionism is a very real danger. It is understandable that in times of a severe downturn protectionist pressures mount but the lessons of history are clear. If we give in to protectionist pressures, we will only send the world into a downward spiral. -- Manmohan Singh
  • A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity. -- Warren Buffett
  • You create your life, and you can recreate it, too. In times of economic downturn and uncertainty, it's more important than ever to look deep inside yourself to fathom the sort of life you really want to lead and the talents and passions that can make that possible. -- Ken Robinson
  • In a period of economic downturn, the overwhelming instinct is to pare back, cut costs, and lay off. If you do that, do so with your strategy in mind. The worst mistake is to cut across the board. Instead, reconnect and recommit to a clear strategy that will distinguish yourself from others. -- Michael Porter
  • Poverty - the greatest cause of human suffering on the planet - is itself exacerbated by conflict, competition for resources, injustice, even the global downturn and climate change. Diseases like AIDS, TB and malaria cannot be tackled without adequate resources. So you see everything is connected. In order to address any major cause of human suffering, we have to work together across many fronts. -- Desmond Tutu
  • It is important for us to make a distinction between the spiritual fruit of joy and the cultural concept of happiness. A Christian can have joy in his heart while there is still spiritual depression in his head. The joy that we have sustains us through these dark nights and is not quenched by spiritual depression. The joy of the Christian is one that survives all downturns in life. -- R. C. Sproul
  • Gambling is a catalyst for economic downturn -- John Warren Kindt
  • When you're in a major market downturn, the beta eats the alpha. -- Jeffrey Gundlach
  • We invested in the downturn and we never stopped serving our clients. -- Jamie Dimon
  • Unsolvable problems do not exist. Any crisis is a combination of specific tasks to be worked on. The government has the experience and reserves to overcome the economic downturn -- Dmitry Medvedev
  • Film has become a marketed commodity, and the opportunities and audiences for art cinema have grown smaller. There is a general downturn in cultural literacy, perhaps because of television. -- Roger Ebert
  • When you're in an economic downturn, what you want is to create jobs and economic growth. And the recipe isn't Republican or Democrat. It's low taxes, low spending, less regulation, free trade. -- Nancy Pfotenhauer
  • What I saw a thousand times during the downturn was, 'We'd like to give her that opportunity, but we need to go with the sure thing - we can't afford diversity right now,' -- Sallie Krawcheck
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