Economic depression quotes:

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The years of the economic depression have been years of political reaction, and that is why the economic crisis has generated a world peace crisis. -- Arthur Henderson
When a country is at war or in economic depression, underdevelopment or tightened security, it sets an affective tone or mood, which seeps through into everyday life via all kinds of channels. -- Kode9
Toward the end of the Second World War, anew consciousness arose amongst the publicand policy makers of the Western World. Afterten years of crippling economic depressionand another five at war, the public demandedsomething new from their disintegratingurban environments. -- Lucas Mascotto-Carbone
The U.S. dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and enmeshed in an economic depression. The clock is ticking until the dollar faces a crisis of confidence like every other bubble before it. -- Peter Schiff
Captain Richard Phillips of the good ship Maersk Alabama - and Sully Sullenberger splashing down his crippled airliner in the Hudson River - broke through the poisonous smog of economic depression and Wall Street skullduggery with a reminder that pure individual heroism is a daily occurrence if we know where to look for it. -- Tina Brown
Debates go on to this day about what caused the Great Depression. Economics is not very good at explaining swings in economic activity. -- Eugene Fama
The minimum wage was enacted in 1937 during the Great Depression and it has been increased 16 times. It's a well-established economic policy to help families. -- John Freeman
Up until the Depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion. -- James Buchan
Once upon a time my political opponents honored me as possessing the fabulous intellectual and economic power by which I created a worldwide depression all by myself. -- Herbert Hoover
I think what happened during the Great Depression was that African Americans understood that Republicans championed citizenship and voting rights but they became impatient for economic emancipation. -- Rand Paul
There seem to be many causes of depression. One cause is profound loss, grief. Economic hardship we know is linked to depression. We don't have a full picture. -- Irving Kirsch
History is fickle. We know that. The good and bad come around and go around, and go around again. There are recessions and depressions and economic boom and bust. -- Rachel Nichols
Understanding the true causes of the Depression, as well as the real economic record of the United States in the 1930s, is an essential ingredient in anyone's economic and historical education. -- Thomas Woods
Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves. -- Herbert Hoover
I wrote that President Bush is passing on to President-elect Obama two wars and an economic debacle. I call it a depression. And he is arming Israel against the Palestinians in every way in Gaza. -- Helen Thomas
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My parents, products of the Great Depression, were successful people, but lived in a state of constant fear that my sister and I, and they, would sink into the kind of economic insecurity that their generation knew so well. -- Ben Stein
You know, my Grandpop Finnegan used to have an expression: he used to say, 'Joey, the guy in Olyphant's out of work, it's an economic slowdown. When your brother-in-law's out of work, it's a recession. When you're out of work, it's a depression.' -- Joe Biden
In his first year in office, President Obama pulled us back from the brink of the greatest economic crisis since the Great Depression and worked to lay a new foundation for economic growth. The president identified three key strategies to build that lasting prosperity: innovation, investment, and education. -- Tom Vilsack
America's peak years of indigenous innovation ran from the 1820s to the 1960s. There were a few financial panics and two depressions, to be sure. But in this period, a frenzy of creative activity, economic competition and rapid growth in national income provided widening economic inclusion, rising wages for all, and engaging careers for most. -- Edmund Phelps
Economic depression can not be cured by legislative action or executive pronouncement. -- Herbert Hoover
We face a far greater risk of psychological depression than of economic recession. -- Todd G. Buchholz
It is regrettable that people think about our monetary system, and of our economic structure, only in times of depression. -- Henry Ford
I do not know what horrified me most [during the depression]: the economic misery of my companions [or] their moral and ethical coarseness. -- Adolf Hitler
When depression economics prevails, the usual rules of economic policy no longer apply: virtue becomes vice, caution is risky and prudence is folly. -- Paul Krugman

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