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It's a recession when your neighbor loses his job; it's a depression when you lose yours. - Harry S. Truman
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So, for example, a country was into recession right after I was sworn in, a dot-com bust had taken place. Then the attacks of September the 11th, and then of course the great financial meltdown in the -the fundamental question facing any ... Read More
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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
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Recession is when a neighbor loses his job. Depression is when you lose yours. - Ronald Reagan
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