Top 23 Recession Quotes of 2020

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“We simply can’t spend our way out of a recession.”

― Ander Crenshaw

“If the program goes off track again due to recession, this should not become a pretext for the imposition of more austerity measures.”

― Antonis Samaras

“Nevada was hit hardest by the recession – highest unemployment, highest foreclosure rate, highest bankruptcy rate.”

― Brian Sandoval

“Wall Street excesses helped lead to the Great Recession.”

― Chuck Schumer

“Aggressive government spending during the Great Recession was absolutely necessary.”

― Eric Garcetti

“If there’s a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession.”

― Franklin Raines

“Utah is one of the nation’s leaders in rebounding from the Great Recession.”

― Gary Herbert

“No one saw the recession coming.”

― Gordon Ramsay

“Ironically, for the mega-rich, recession brings with it the ability to live well at a lower cost and with less of a hassle.”

― Jamie Johnson

“Throughout the nineteen-seventies and eighties, especially during periods of recession, employees were moved from offices to cubicles.”

― Jill Lepore

“In God, there is no lack and no recession.”

― Marianne Williamson

“Making new products is an easy tap for a company in a recession.”

― Martin Naughton

“I’m astonished at how quickly the Great Recession came and went.”

― Mary Pilon

“Americans don’t think we should be raising taxes on anybody, especially in the middle of a recession.”

― Mitch McConnell

“Long periods of recession, which tend to be self-perpetuating, are usually ended by war, or by preparations for it.”

― Paul Johnson

“I favor the extension of the middle-class tax cuts because in a recession they’re stimulative and they help with demand.”

― Peter Welch

“We are in the middle of an education recession.”

― Rod Paige

“Loving relatives and home-cooked meals are solid levees against a recession.”

― Rosecrans Baldwin

“We got into a recession because the global economy went into the recession and we’re a big exporting nation.”

― Stephen Harper

“The job market improved impressively under Barack Obama’s presidency after the Great Recession, when millions of jobs vanished seemingly overnight.”

― Stephen Moore

“There are always, of course, job losses of a cyclical nature in a recession.”

― Tim Bishop

“I was the governor that drew a tough, tough straw. I was governor during the worst recession since the 1930s, and I had to cut $5 billion from the state budget.”

― Tim Kaine

“We’re still in a recession. We’re not gonna be out of it for a while, but we will get out.”

― Warren Buffett
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