Famous Quotes & Sayings

Quotes & Sayings About 2008 Recession

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2008 Recession Quotes By Roger Altman

The 2008 financial crisis and the Great Recession that followed have had devastating effects on the U.S. economy and millions of American lives. But the U.S. economy will emerge from its trauma stronger and widely restructured. — Roger Altman

2008 Recession Quotes By George Friedman

The United State has a net worth against which our debt is a joke ... we wrote in 2008 the United States is going to come out of this recession fast. The Europeans are going to fragment. The Chinese are going to be cremated. Why could we come out of it? Why has all economic theory been proven wrong? Because we're rich and we could afford it ... — George Friedman

2008 Recession Quotes By Michael Lewis

The simple measure of sanity in housing prices, Zelman argued, was the ratio of median home price to income. Historically, in the United States, it ran around 3:1; by late 2004, it had risen nationally, to 4:1. "All these people were saying it was nearly as high in some other countries," says Zelman. "But the problem wasn't just that it was four to one. In Los Angeles it was ten to one and in Miami, eight-point-five to one. — Michael Lewis

2008 Recession Quotes By Rick Santorum

We went into a recession in 2008 because of gasoline prices. The bubble burst in housing because people couldn't pay their mortgages because of $4 a gallon gasoline. — Rick Santorum

2008 Recession Quotes By Nick Cohen

The crash of 2008 ought to have thrown a bucket of cold water over the excited futurologists. Open societies suffered far more than closed regimes. A member of the Central Committee of the Chinese Communist Party was entitled to wonder why Americans were telling him he must allow free speech when China was booming and the First Amendment had not stopped debt-laden America going through a deep recession. — Nick Cohen

2008 Recession Quotes By Kevin J. Donaldson

After the Big Recession of 2008, many Americans found themselves without jobs, homes, and savings. We realized that we really can't rely on our 401k's to keep us safe. It's up to us to achieve financial freedom for ourselves. And home-based businesses is the way to go. — Kevin J. Donaldson

2008 Recession Quotes By Michael Lewis

In Bakersfield, California, a Mexican strawberry picker with an income of $14,000 and no English was lent every penny he needed to buy a house for $724,000. — Michael Lewis

2008 Recession Quotes By Debbie Wasserman Schultz

The economic recession in America wasn't caused by bad luck; it was caused by bad Republican policies. But the Republican candidates are doubling down on the same flawed policies that led to the loss of 3.6 million jobs in the final months of 2008 and gravely affected middle class families across America. — Debbie Wasserman Schultz

2008 Recession Quotes By Eric Alterman

Recently released government economic statistics covering 2010, the first year of real recovery from the financial collapse of 2008, found that fully 93 percent of additional income gains coming out of the recession went straight into the wallets and purses of the top 1 percent. — Eric Alterman

2008 Recession Quotes By Roger Altman

The 2008 economic crisis and Great Recession forced widespread restructuring throughout the U.S. economy - not unlike a company gritting its teeth through a lifesaving bankruptcy. — Roger Altman