Antonis Samaras Quotes

A recession is when a neighbor loses his job. A depression is when you lose yours. And recovery is when Jimmy Carter loses his.

The 24% unemployment reached at the depths of the Great Depression was no picnic.

When our economy is not growing, those least able to look after themselves are the first thrown overboard ...

The periods of unemployment accompanying depression in the business cycle ... present a challenge to all our claims to progress, humanity, and civilization.

During the next four years...unless drastic steps are taken by Congress, the U.S. will have nearly 8,000,000 unemployed and will stand on the brink of a deep depression.

It took us years to get into the mess that we got ourselves in at the end of 2008, and it's going to take a while to get us out. We lost eight million jobs, we saw a financial system near collapse, we have a continuing housing crisis that we're making progress on dealing with.

There's no recovery on Main Street, I can tell you that for sure. And in a re - in an economy like this, we don't need to be raising anybody's taxes.

In the middle of a recession, where we're just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster.

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.'

During the Great Depression, levels of crime actually dropped. During the 1920s, when life was free and easy, so was crime. During the 1930s, when the entire American economy fell into a government-owned alligator moat, crime was nearly non-existent. During the 1950s and 1960s, when the economy was excellent, crime rose again.

By 1939, the Depression was back. Unemployment was huge. Roosevelt didn't have any quick fix. Remember, the New Deal, Works Progress Administration, and Civilian Conservation Corps - all that happened years before. Roosevelt was riding a storm.

Certainly, 9 percent unemployment and very slow growth is not a good situation.

This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.

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.

How much would you pay to avoid a second Depression?

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.

I was born in 1928 and by 1931 the Depression was beginning to mount.

President Barack Obama has stood watch over the greatest job loss in modern American history. And that, my friends, is one inconvenient truth that will haunt this President throughout history.

Nearly 300,000 more people are forced to accept part-time employment because of this rotten non-recovery recovery than when Obama arrived at 1600 Pennsylvania Avenue.

l had a job, and if you had a job in the depression you were rich.

The main cause of trade depressions is over-production that is that want is produced by a glut of commodities. The working classes create during the period when trade is brisk more goods than are required for the market; they thereby forge their own chains, since a reaction ensues, with the result that millions are thrown out of work are deprived of the necessaries of life.

An economic recession—even when it is of long duration—does not necessarily involve a decline in all trades.

If we can have record high unemployment, record job loss, and just an absolutely anemic economic recovery because of Obama's policies, and he's not blamed for it, what makes anybody think he's gonna get blamed when an insurance company starts doubling their premiums?

When I was younger, I remember families like mine who had to deal with the disastrous policies of the 1970s.

The financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies.