Cutting Quote by Franklin Raines

This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and…

— Timothy Geithner

People think of a business cycle, which is a boom followed by a recession and then automatic stabilizers revive the economy. But this time…

— Michael Hudson

A wide range of possible fiscal policy tools and approaches could enhance the cyclical stability of the economy. For example, steps could be taken…

— Janet Yellen

At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But…

— George Soros

Anytime there's a disruption in the supply chain, any time people cut back on spending, there will be a recession.

— Trish Regan

A normal recession disrupts people's lives, but a long recession destroys them. You lose output, prosperity, family stability, self-esteem, and many other qualities on…

— Matthew Yglesias

What happens during recessions, is you have less windfalls just helping you cover mistakes. You have to be more careful about not making mistakes.

— Reid Hoffman

President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans…

— Mark Zandi

We are currently gradually stabilizing our economy.

— Vladimir Putin

I personally believe that there's going to be a good case for the government preserving some type of guarantee to make sure that people…

— Timothy Geithner

During normal times or boom times, there are some parts of the business that are going to so well, that that can cover for…

— Reid Hoffman

To qualify as a recession, economic activity must decline in an absolute sense; a mere slowdown in real growth is not enough.

— Edgar Fiedler