The great depression quotes:

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  • The most striking development of the great depression of 1929 is a profound skepticism of the future of contemporary society among large sections of the American people. -- C. L. R. James
  • The money cost of the reservoir plan literally fades into insignificance when it is compared with the financial burden which the great depression imposed on the nation. -- Benjamin Graham
  • I don't think that any economist disputes that we're in the worst economic crisis since the great depression. The good news is that we're getting a consensus around what needs to be done. -- Barack Obama
  • Everything I learned about the Great Depression was from a college textbook. -- Ralph Abernathy
  • It took capitalism half a century to come back from the Great Depression. -- Ben Shapiro
  • The 24% unemployment reached at the depths of the Great Depression was no picnic. -- Barry Eichengreen
  • The Great War proved how confused the world is. Depression is proving it again. -- Anne Sullivan Macy
  • In the Great Depression, you bought something if you had the cash to buy it. -- S. Truett Cathy
  • The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters. -- James Tobin
  • Oh, sure, we have another world war coming, and another great depression, but where are the leaders this time? -- Kurt Vonnegut
  • Wall Street has come a long way from the insider-dominated world that was blown apart by the Great Depression. -- James Surowiecki
  • World War II ended the Great Depression with one of the great public-private industrial collaborations in the history of man. -- Jon Meacham
  • During the Great Depression, when people laughed their worries disappeared. Audiences loved these funny men. I decided to become one. -- Jerry Stiller
  • 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
  • Raised by an irresponsible mother during the Great Depression in the Jim Crow south, my father was on his own from the age of 13. -- Larry Elder
  • 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
  • Unemployment is sky-rocketing; deflation is in our future for the first time since the Great Depression. I don't care whose fault it is, it's the truth. -- John Mellencamp
  • Men and women whose early youth was shaped in the ordeal of the Great Depression showed the values formed in that crucible when tyranny threatened a world. -- Steve Buyer
  • Hank Paulson, the happy capitalist warrior who spent his life pursuing and defending free markets, is now the biggest interventionist Treasury secretary we've had since the Great Depression. -- Charles Duhigg
  • In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the Great Depression. -- Janet Yellen
  • The singer-songwriter has always played music that was stylistically rooted in the '30s and the Great Depression and the Dust Bowl. But the fact of the matter is that none of us remember the Depression firsthand. -- Steve Earle
  • We are having the single worst recovery the U.S. has had since the Great Depression. I don't care how you measure it. The East Coast knows it. The West Coast knows it. North, South, old, young, everyone knows it's the worst recovery since the Great Depression. -- Arthur Laffer
  • We're in a political depression - a great political depression -- Chuck Todd
  • We beat the Great Depression without lotteries and legalized gambling -- John Warren Kindt
  • Before any great achievement, some measure of depression is very usual. -- Charles Spurgeon
  • I think if there's a great depression there might be some hope. -- Lawrence Ferlinghetti
  • It's almost worth the Great Depression to learn how little our big men know. -- Will Rogers
  • The Great War proved how confused the world is. Depression is proving it again. -- Anne Sullivan Macy
  • Well, I never lived through the Great Depression, sometimes I feel as though I did. -- Kasey Chambers
  • September and October of 2008 was the worst financial crisis in global history, including the Great Depression, -- Ben Bernanke
  • Our Generation has had no Great war, no Great Depression. Our war is spiritual. Our depression is our lives. -- Chuck Palahniuk
  • Victimhood and a 'can't do' spirit is what the Democratic Party has mostly been about since the Great Depression. -- Cal Thomas
  • My whole family, my father's side, there was a great deal of depression, and my mother's side as well. -- Dorothy Hamill
  • I was raised in the Depression, when there was a great sense of dog-eat-dog and people fighting over scraps. -- John Updike
  • One of [ways being lucky] was to go to school during the Great Depression because teaching became a plum job. -- Kurt Vonnegut
  • I once read that more millionaires per capita were created during the Great Depression than at any other time in history. -- Harry S. Dent
  • I admire President Obama. He inherited the worst financial crisis since the Great Depression. That was a terrible time for America. -- Hillary Clinton
  • We have the worst revival of an economy since the Great Depression. And believe me: We're in a bubble right now. -- Donald Trump
  • I am worried that the collapse of home prices might turn out to be the most severe since the Great Depression. -- Robert J. Shiller
  • After the war, Prohibition was passed, and with liquor no longer legally available the nation plunged headlong into the Great Depression. -- Dave Barry
  • There was something superficial in attributing anything so awful as the Great Depression to anything so insubstantial as speculation in common stocks. -- John Kenneth Galbraith
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  • 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
  • But despite historic levels of obstruction, President Obama was able to bring the economy back from the verge of a second Great Depression. -- Steny Hoyer
  • It is reported that about 30% of the world's population is unemployed. That's worse than the Great Depression, but it's now an international phenomenon. -- Noam Chomsky
  • I never thought getting older would be so great. But when it comes to depression, I have experienced less the older I've gotten. -- Amy Grant
  • I think that when the education system started to be dismantled during the first Great Depression in the 1930s, we didn't recover from that. -- Wynton Marsalis
  • The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. -- Milton Friedman
  • all that has changed, in my opinion, is that, thanks to television, we can hide a great depression. we may even be hiding a third world war -- Kurt Vonnegut
  • When I was born, the economy wasn't in a great state; it was the Depression, and my father had to be quick to try and find work. -- Clint Eastwood
  • From a generation that came of age during the Great Depression, millions of our country's best and bravest took up arms in a worldwide struggle against tyranny. -- Steve Buyer
  • I certainly have a very colorful nature, filled with great highs and great lows... in my early adulthood I probably was grappling with some serious depression issues. -- Sally Field
  • 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
  • This is the difference between depression and sorrow - sorrowful, you are in great trouble because something matters so much; depressed, you are miserable because nothing really matters. -- J. E. Buckrose
  • The Federal Reserve the privately owned U.S. central bank definitely caused The Great Depression by contracting the amount of currency in circulation by one third from 1929 to 1933. -- Milton Friedman
  • But through world wars and a Great Depression, through painful social upheaval and a Cold War, and now through the attacks of September 11, 2001, our Nation has indeed survived. -- Nick Rahall
  • Ever since the Great Depression, economists have known that demand shortages tend to persist in the wake of severe financial crises like the ones that happened in 1929 and 2008. -- Bob Frank
  • America had been a boom-and-bust economy going into the Great Depression - just over and over and over, fortunes were wiped out, ordinary families were crushed under it. -- Elizabeth Warren
  • First and foremost, it's important to remember that, from my perspective at least, my most important legacy was making sure that the world didn't go into a Great Depression. -- Barack Obama
  • The remedy [for the Great Depression] is to give the workers access to the means of production, and let them produce for themselves, not for others, . . . the American way. -- Upton Sinclair
  • The Great Depression in the United States was caused - I won't say caused, was enormously intensified and made far worse than it would have been by bad monetary policy. -- Milton Friedman
  • Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933. -- Ben Bernanke
  • Although I was not aware of it at the time, the experience of growing up during the Great Depression was to have a profound impact on my intellectual and professional career. -- Lawrence R. Klein
  • Once supply begins to dwindle, the years to follow will see shortages that at best will cause global recession, possibly worse than the 1930s Great Depression, ... war, famine, pestilence and death. -- Kenneth S. Deffeyes
  • Although I was not aware of it at the time, the experience of growing up during the Great Depression was to have a profound impact on my intellectual and professional career. -- Lawrence R. Klein
  • I think there is universal agreement within the economics profession that the decline - the sharp decline in the quantity of money played a very major role in producing the Great Depression. -- Milton Friedman
  • So I analyzed that and decided I didn't want to be the president during a depression greater than the Great Depression, or the beginning of a depression greater than the Great Depression. -- George W. Bush
  • We have had a great depression in agriculture, caused mainly by several seasons of bad harvests, and some of our traders have suffered much from a too rapid extension in prosperous years. -- John Bright
  • In the Great Depression, employment was not low because investment was low. Employment and investment were low because labor market institutions and industrial policies changed in a way that lowered normal employment. -- Edward C. Prescott
  • [Franklin Delano] Roosevelt was the central world figure in the two great disasters of this century - the Great Depression and World War II. By contrast, JFK came in relatively peaceful, agreeable times. -- John Kenneth Galbraith
  • The Recovery Act, which helped saved the economy and prevented us going into the Great Depression, was the largest investment in green technology, the largest investment in education. We rebuilt roads and bridges. -- Barack Obama
  • What I find so interesting is, Herbert Hoover in August 1928 said no country in the world was closer to abolishing poverty than the United States. And then, of course, we had the Great Depression. -- Robert Dallek
  • The simple fact of the matter is, as I know everyone in this room knows, that the recession that this country faced when this President took office was the worst since the Great Depression. -- Jay Carney
  • After the Great Depression and after public urging, a nationwide public competition was held to determine a design for a memorial that would honor President Thomas Jefferson's bold vision for westward expansion for America. -- Russ Carnahan
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  • I was born January 6, 1937, eight years after Wall Street crashed and two years before John Steinbeck published The Grapes of Wrath, his Pulitzer Prize-winning novel about the plight of a family during the Great Depression. -- Lou Holtz
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