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Canadians know that the promise of a recession didn't happen because of anything we did here. If you look at all the causes of the recession, problems in mortgage markets, the problems in the banking sector, the problems in government finance in countries like Greece, none of those problems were in present Canada.
I don't know if you call a burger 'recession food.' It's comfort food.
The other thing is quality of life; if you have a place where you can go and have a picnic with your family, it doesn't matter if it's a recession or not, you can include that in your quality of life.
In these times of the 'Great Recession', we shouldn't be trying to shift the benefits of wealth behind some curtain. We should be celebrating and encouraging people to make as much money as they can. Profits equal tax money. While some people might find it distasteful to pay taxes, I don't. I find it patriotic.
I am upset and completely disappointed in the government, the millionaires and billionaires in the U.S. See what's happening to the country? Look at all the health problems, the economy, the recession and crime.
Maharishi Mahesh Yogi
Recession is when a neighbor loses his job. Depression is when you lose yours.
President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring.
We're still in a recession. We're not gonna be out of it for a while, but we will get out.
It's a recession when your neighbor loses his job; it's a depression when you lose yours.
Harry S Truman
You do not have to be an economist to know that putting up the cost of employing someone is a pretty barking thing to do when you're trying to get out of a recession.
The job numbers are positive. We've had more jobs created now than were lost during the recession. We're seeing that the creation, we're seeing those numbers not only grow but shift toward the private sector and shift toward full-time employment and these are all signs that the recovery is taking some hold but we're not out of woods.
Believing that a crisis is a useful thing to create, the Obama administration - which understands that, for liberalism, worse is better - has deliberately aggravated the fiscal shambles that the Great Recession accelerated.
The unemployment rate has effectively not gone down from where it was at the peak of the recession. The only reason it's gone technically from 10 percent to 8 percent is so many people are discouraged and have quit work.
I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.
When we were at peace, Democrats wanted to raise taxes. Now there's a war, so Democrats want to raise taxes. When there was a surplus, Democrats wanted to raise taxes. Now that there is a mild recession, Democrats want to raise taxes.
The Adversity Index was created by msnbc.com and Moody's Analytics to track the economic fortunes of states and metro areas. Each month, the Adversity Index uses government data on employment, industrial production, housing starts and home prices to label each area as expanding, at risk of recession, in recession or recovering.
As sure as the spring will follow the winter, prosperity and economic growth will follow recession.
State governments generate less revenue in a recession. As state leaders struggle to make up for lost revenue, legislatures tend to cut funding for higher education. Colleges, in turn, answer these funding cuts with tuition hikes.
Increased revenues, meaning higher taxes, will be a central element of any successful long-term budget plan, and President Obama is right to insist that the wealthy - the slice of America that has come through the recession in by far the best financial health - should provide those funds.
Nobody's profitable at this moment, because recession is on; advertising dollars are down, and expenses are way up. So that kind of belies the situation that you would expect, because the ratings are way up everywhere.
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.
Canada is in budgetary deficit now only because of the recession, only because of stimulus measures, and we will come out of it. We will go back into surplus position when the economy recovers. So there is no need in Canada to raise taxes.
It's not all Obama's fault: His plans to rebuild America's energy infrastructure have been hampered by the recession, and his efforts on global warming have been stymied by Tea Party wackos and weak-kneed Democrats in Congress.
The existence of an area of free land, its continuous recession, and the advance of American settlement, explain American development.
Frederick Jackson Turner
The unhappy irony is that, while 'Glee' is hitting the heights, school arts funding is being slashed across the country due to the steep recession and declining tax revenues.
History shows that tax increases during a recession are a recipe for greater unemployment and economic loss.
Martin Luther King, Jr.
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Excellence is a continuous process and not an accident.
A. P. J. Abdul Kalam
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