Economic Crisis Quotes

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  • I was elected by the people of Australia as Prime Minister of Australia. I was elected to do a job, I intend to continue doing that job. I intend to continue doing it to the absolute best of my ability. Part of that job has been to steer this country through the worst economic crisis the world has seen in 75 years.

    "Biography/Personal Quotes". www.imdb.com.
  • Social unrest and protectionism are the two major risks of the world economic crisis.

  • The economic crisis has weakened the EU for years.

    Years   Economic   Crisis  
    Source: www.businessinsider.com
  • From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.

    Country   Money   Past  
    "End the Fed". Speech to the US House of Representatives, www.lewrockwell.com. February 05, 2009.
  • It was clear soon after his election that Obama, like FDR, wanted to start dealing with the economic crisis immediately after his inauguration.

  • Anecdote: The East End seemed to be in the grip of yet another economic crisis. ... By the winter of 1933, an army of the unemployed gathered daily outside the dock gates, desperate for a day or 2 paid work. .... There was no cushion, no disaster fund, no stashed savings, no government handouts no syrup that could sweeten the bitter pill of poverty.

  • If you can capture the humanity of a family struggling in an economic crisis you can make a difference. You can raise awareness just of the simple humanity.

  • In a world wracked by hatred, economic crisis, and political tension, America remains mankind's best hope.

    United States. President (1981-1989 : Reagan), United States. President (1981-1989 : Reagan)., Ronald Reagan, United States. Office of the Federal Register (1983). “Ronald Reagan”
  • It is precisely those members of Congress who have had the most to do with creating the risks that led to the current economic crisis who are making the most noise against others, and summoning people before their committee to be browbeaten and humiliated on nationwide television.

    Creating   People   Risk  
    Thomas Sowell (2011). “Dismantling America and Other Controversial Essays (Large Print 16pt)”, p.42, ReadHowYouWant.com
  • It’s easy to see why politicians would be drawn to the populist pose. First, it makes everything so simple. The economic crisis was caused by a complex web of factors, including global imbalances caused by the rise of China. But with the populist narrative, you can just blame Goldman Sachs.

  • Racism is always there underneath, but usually it is exploited in these times of economic crisis, and it's hard to find out when one slides into another.

  • The ultimate goal of those who blame workers for Wall Street's economic crisis is to unravel the fabric of our common life in pursuit of greed and power.

    "Unions mobilize, put Dems on notice - Gov. Blunt's profile - Tiahrt hawks Hawker - The frat PAC - AT&T/T-Mobile action" by Chris Frates, www.politico.com. May 20, 2011.
  • One intriguing subplot of the economic crisis is the failure of most economists to predict it. Here we have the most spectacular economic and financial crisis in decades - possibly since the Great Depression - and the one group that spends most of its waking hours analyzing the economy basically missed it.

  • Democrats are making it clear that they intend to use our economic crisis to rush through their longtime liberal goals without public scrutiny or debate. ... This will increase burdens on taxpayers and take a significant step toward socialized medicine.

    Medicine   Goal   Use  
  • I don't think that any economist disputes that we're in the worst economic crisis since the great depression. The good news is that we're getting a consensus around what needs to be done.

    Money   Thinking   Needs  
    "Obama plans ambitious first week, aides say" by Ed Henry, www.cnn.com. January 19, 2009.
  • Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0% balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.

    Years   Gdp   Growth  
    "Pay equality and strong unions will put Britain back to work" by Frances O'Grady, www.theguardian.com. August 4, 2012.
  • She [Carolyn Maloney] knows the financial issues, that's why we thought she was perfect because we're in a - we're in, as you know, a financial crisis, an economic crisis, and I know that she'll see the whole picture.

    Source: www.blogher.com
  • My country is in the grips of a major economic crisis. This is causing dramatic consequences for the very existence of Polish families. A permanent economic crisis in Poland may also have serious repercussions for Europe. Thus, Poland ought to be helped and deserves help.

    Country   Europe   May  
  • The [economic crisis] means that we have to address the challenges and the risks, and we need to take into account the level of resources. Doing better with less means doing it more together.

    Mean   Challenges   Risk  
  • For top executives to award themselves these kinds of compensation packages in the midst of this economic crisis isn't just bad taste, it's bad strategy, and I will not tolerate it as president.

    "Obama Announces Executive Pay Caps". "Morning Edition" with Steve Inskeep, www.npr.org. February 5, 2009.
  • Health care has become a proxy for a broader set of issues about how much government should be involved in our economy, particularly coming off a huge economic crisis.

    Source: www.realclearpolitics.com
  • Carolyn Maloney has extensive - she's shown over and over again her creativity, her determination, her tenacity in fighting for women's rights. She has passed a host of bills in many different areas, both national and global, with both national and global importance for women, and she's on a Chair of Finance Committee so essentially in this economic crisis, we thought she would be perfect.

    Source: www.blogher.com
  • I will come up with a project that will wipe out poverty in the Philippines in two years. I want to remove the people from economic crisis by using the Marcos wealth. Long after I'm gone, people will remember me for building them homes and roads and hospitals and giving them food.

    Home   Years   Two  
    "Biography/Personal Quotes". www.imdb.com.
  • If you had to explain America's economic success with one word, that word would be "education".... Until now, the results of educational neglect have been gradual - a slow-motion erosion of America's relative position. But things are about to get much worse, as the economic crisis ... deals a severe blow to education across the board.... We need to wake up and realize that one of the keys to our nation's historic success is now a wasting asset. Education made America great; neglect of education can reverse the process.

  • The rules in this new 'post-partisan' era are pretty simple: If the Democratic Party wants it, it's 'stimulus.' If the Republican Party opposes it, it's 'politics' - as in headlines like this: 'Obama Urges GOP To Keep Politics To A Minimum On Stimulus.' These are serious times: As the president says, it's the worst economic crisis since the Thirties. So politicians need to put politics behind them and immediately lavish $4.19 billion on his community-organizing pals at the highly inventive 'voter registration' group ACORN for 'neighborhood stabilization activities.

  • Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum opus Human Action appeared, where is lays out his case in a more popular form. The money sentences are “Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. It has happened again and again in the past, and it will happen in the future, too.

    Past   Years   Two  
  • I think that if we don't get these politicians to come together we face the most predictable economic crisis in history.

  • Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.

    "ANDREW LO: I Read 21 Books About The Financial Crisis And They Explained Nothing" by Rob Wile, www.businessinsider.com. February 6, 2012.
  • Fundamentally transforming the foundations of the economy is the biggest contribution we can make towards building a sustainable future. The current economic crisis may be painful, but it will be nothing compared with the crises we will face if we continue to grow in a way that threatens the life-support systems on which we rely

  • To overcome poverty and the flaws of the economic crisis in our society, we need to envision our social life. We have to free our mind, imagine what has never happened before and write social fiction. We need to imagine things to make them happen. If you don't imagine, it will never happen.

    "Why Businesses Need to Reshape Society" by Muhammad Yunus, www.huffingtonpost.com. October 15, 2013.
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