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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

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.
Joe Biden

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.
Jim Fowler

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

As sure as the spring will follow the winter, prosperity and economic growth will follow recession.
Bo Bennett
More "Recession" Quotations

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