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Definition of Recession

Recession

  1. The act of receding or withdrawing, as from a place, a claim, or a demand.
  2. The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.

Recession Quotations

Recession is when a neighbor loses his job. Depression is when you lose yours.
Ronald Reagan

The last thing you want to do is raise taxes in the middle of the recession because that would just suck up and take more demand out of the economy and put businesses in a further hole.
Barack Obama

I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
Warren Buffett

I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.
Warren Buffett

We're still in a recession. We're not gonna be out of it for a while, but we will get out.
Warren Buffett
More "Recession" Quotations

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