--- title: "Meaning & Key Takeaway of: New York never felt the recession. New…" description: "\"New York never felt the recession. New York never felt a depression.\" — John Catsimatidis" image: "https://sms4smile.com/quotes/i/a5a/john-catsimatidis-11421_depression_new-york-never-felt-the-recession-new-yo_417689.jpg" --- # New York never felt the recession. New York never felt a… ![“New York never felt the recession. New York never felt a depression.” quote by John Catsimatidis](https://sms4smile.com/quotes/i/a5a/john-catsimatidis-11421_depression_new-york-never-felt-the-recession-new-yo_417689.jpg) [Download](https://sms4smile.com/quotes/i/a5a/john-catsimatidis-11421_depression_new-york-never-felt-the-recession-new-yo_417689.jpg) [Open image](https://sms4smile.com/quotes/i/a5a/john-catsimatidis-11421_depression_new-york-never-felt-the-recession-new-yo_417689.jpg) > “New York never felt the recession. New York never felt a depression.” [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. He claims New York never truly experiences economic downturns. **In simple terms:** NYC seems immune to recessions. Key Takeaway Recognize hidden economic struggles. Themes economics urban resilience perception Mood observational critical Type analytical concerned When to use this quote - real estate - employment trends - policy making Key Concepts regional disparity economic indicators Questions to Reflect On - How does perception differ from data? - What are unseen impacts of recession? A Different Perspective Ignores marginalized communities' hardships. ★ ★ ★ ★ ★ No ratings yet [Depression](https://sms4smile.com/quotes/about/depression/) [New york](https://sms4smile.com/quotes/about/new-york/) [Recession](https://sms4smile.com/quotes/about/recession/) ## Related quotes > [A level of anxiety and tension and outright fear that so many people have felt, not only during the recession but during this slow…](https://sms4smile.com/quotes/marianne-williamson/a-level-of-anxiety-and-tension-and-outright-fear-that-so-many-people/) [Marianne Williamson](https://sms4smile.com/quotes/author/marianne-williamson/) > [A recession is when your neighbour has to tighten his belt. A depression is when you have to tighten your own belt. And a…](https://sms4smile.com/quotes/tommy-douglas/a-recession-is-when-your-neighbour-has-to-tighten-his-belt-a/) [Tommy Douglas](https://sms4smile.com/quotes/author/tommy-douglas/) > [It was a recession when I graduated, but I was so unequipped to have a job anyway, I don't think it would have mattered…](https://sms4smile.com/quotes/jeffrey-eugenides/it-was-a-recession-when-i-graduated-but-i-was-so-unequipped-to-have-a/) [Jeffrey Eugenides](https://sms4smile.com/quotes/author/jeffrey-eugenides/) > [So I think the winners in recession are the people who produce new technology that does things better, which people really want.](https://sms4smile.com/quotes/james-dyson/so-i-think-the-winners-in-recession-are-the-people-who-produce-new/) [James Dyson](https://sms4smile.com/quotes/author/james-dyson/) > [The job numbers are positive. We've had more jobs created now than were lost during the recession. We're seeing that the creation, we're seeing…](https://sms4smile.com/quotes/stephen-harper/the-job-numbers-are-positive-we-ve-had-more-jobs-created-now-than/) [Stephen Harper](https://sms4smile.com/quotes/author/stephen-harper/) > [There are always, of course, job losses of a cyclical nature in a recession.](https://sms4smile.com/quotes/tim-bishop/there-are-always-of-course-job-losses-of-a-cyclical-nature-in-a/) [Tim Bishop](https://sms4smile.com/quotes/author/tim-bishop/) > [I realized that the artists who managed to fight through this recession have a better shot at longevity than most. The recession was a…](https://sms4smile.com/quotes/mark-edward/i-realized-that-the-artists-who-managed-to-fight-through-this/) [Mark Edward](https://sms4smile.com/quotes/author/mark-edward/) > [“The recession, which started in 2007, is ongoing. The underlying fundamental causes of the meltdown have not been addressed. Banks are still not lending.…](https://sms4smile.com/quotes/ziad-k-abdelnour/the-recession-which-started-in-2007-is-ongoing-the-underlying/) [Ziad K. Abdelnour](https://sms4smile.com/quotes/author/ziad-k-abdelnour/) > [We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20…](https://sms4smile.com/quotes/warren-buffett/we-ve-been-in-a-recession-by-any-common-sense-definition-because-if/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [With the recession, people are having to choose between their cable and their internet connection. And think about it.](https://sms4smile.com/quotes/rosario-dawson/with-the-recession-people-are-having-to-choose-between-their-cable/) [Rosario Dawson](https://sms4smile.com/quotes/author/rosario-dawson/) > [We must not let the panicky Wall Street wheeler-dealers and the Trump-hating establishment state media talk us into a recession. We must keep the…](https://sms4smile.com/quotes/steve-hilton/we-must-not-let-the-panicky-wall-street-wheeler-dealers-and-the-trump/) [Steve Hilton](https://sms4smile.com/quotes/author/steve-hilton/) > [“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises…](https://sms4smile.com/quotes/nassim-nicholas-taleb/suckers-think-that-you-cure-greed-with-money-addiction-with/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) > [The Federal Reserve is not currently forecasting a recession.](https://sms4smile.com/quotes/ben-bernanke/the-federal-reserve-is-not-currently-forecasting-a-recession/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) > [At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But…](https://sms4smile.com/quotes/george-soros/at-times-of-recession-running-a-budget-deficit-is-highly-desirable/) [George Soros](https://sms4smile.com/quotes/author/george-soros/) > [A government can't cut its way out of a recession any more than you can dig yourself out of a hole.](https://sms4smile.com/quotes/caroline-lucas/a-government-can-t-cut-its-way-out-of-a-recession-any-more-than-you/) [Caroline Lucas](https://sms4smile.com/quotes/author/caroline-lucas/) ## More by John Catsimatidis > [I was a Mitt Romney Republican because he was pro-business.](https://sms4smile.com/quotes/john-catsimatidis/i-was-a-mitt-romney-republican-because-he-was-pro-business/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [Grocery stores can't afford to pay $80 a square foot. At that rate, we are going out of business.](https://sms4smile.com/quotes/john-catsimatidis/grocery-stores-can-t-afford-to-pay-80-a-square-foot-at-that-rate-we/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [I'm not ashamed of being successful. You know, they criticized Romney for being ashamed of it. I think we've got to inspire our kids…](https://sms4smile.com/quotes/john-catsimatidis/i-m-not-ashamed-of-being-successful-you-know-they-criticized-romney/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [We are teaching kids to fail. We need to teach our kids to succeed.](https://sms4smile.com/quotes/john-catsimatidis/we-are-teaching-kids-to-fail-we-need-to-teach-our-kids-to-succeed/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [People tell me, 'You better lose weight if you want to run for mayor.' I said, 'I got the Chris Christie look.'](https://sms4smile.com/quotes/john-catsimatidis/people-tell-me-you-better-lose-weight-if-you-want-to-run-for-mayor-i/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [I'm a Bill Clinton social Republican.](https://sms4smile.com/quotes/john-catsimatidis/i-m-a-bill-clinton-social-republican/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [You have to work at everything. You've got to make it work.](https://sms4smile.com/quotes/john-catsimatidis/you-have-to-work-at-everything-you-ve-got-to-make-it-work/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [It seems everyone knows the value of a cantaloupe or a quart of milk.](https://sms4smile.com/quotes/john-catsimatidis/it-seems-everyone-knows-the-value-of-a-cantaloupe-or-a-quart-of-milk/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [America always recovers.](https://sms4smile.com/quotes/john-catsimatidis/america-always-recovers/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [I think the rich should pay more in taxes - I agree with that 100 percent - but everybody should feel the pain a…](https://sms4smile.com/quotes/john-catsimatidis/i-think-the-rich-should-pay-more-in-taxes-i-agree-with-that-100/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [All my life, I've been winning, ok?](https://sms4smile.com/quotes/john-catsimatidis/all-my-life-i-ve-been-winning-ok/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [I have a love factor with the minorities.](https://sms4smile.com/quotes/john-catsimatidis/i-have-a-love-factor-with-the-minorities/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [I was a Clinton Democrat for twenty years.](https://sms4smile.com/quotes/john-catsimatidis/i-was-a-clinton-democrat-for-twenty-years/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [The media doesn't always reflect reality.](https://sms4smile.com/quotes/john-catsimatidis/the-media-doesn-t-always-reflect-reality/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) > [As mayor, I would support law enforcement, not knock it down.](https://sms4smile.com/quotes/john-catsimatidis/as-mayor-i-would-support-law-enforcement-not-knock-it-down/) [John Catsimatidis](https://sms4smile.com/quotes/author/john-catsimatidis/) [Explore all 60 John Catsimatidis quotes ](https://sms4smile.com/quotes/author/john-catsimatidis/) ## More Depression quotes > [These joys were so trifling as to be as imperceptible as grains of gold among the sand, and in moments of depression she saw…](https://sms4smile.com/quotes/leo-tolstoy/these-joys-were-so-trifling-as-to-be-as-imperceptible-as-grains-of/) [Leo Tolstoy](https://sms4smile.com/quotes/author/leo-tolstoy/) > [“As ofttimes as it rains on my little spot of earth, you'd think I'd grow accustomed to the gloom.”](https://sms4smile.com/quotes/richelle-e-goodrich/as-ofttimes-as-it-rains-on-my-little-spot-of-earth-you-d-think-i-d/) [Richelle E. Goodrich](https://sms4smile.com/quotes/author/richelle-e-goodrich/) > [There's only so much for a man to take...](https://sms4smile.com/quotes/kirsten-gilchrist/there-s-only-so-much-for-a-man-to-take/) Kirsten Gilchrist > [“my stomach turned and burned with the acid of failure”](https://sms4smile.com/quotes/heidi-ames/my-stomach-turned-and-burned-with-the-acid-of-failure/) Heidi Ames > [That is the real problem of depression - a condition which will affect an estimated one in five of the population at some point…](https://sms4smile.com/quotes/giles-andreae/that-is-the-real-problem-of-depression-a-condition-which-will-affect/) [Giles Andreae](https://sms4smile.com/quotes/author/giles-andreae/) > [Im tired, tired of putting more effort than you do. Im tired of always having to start the conversation and if I dont, you…](https://sms4smile.com/quotes/anonymous/im-tired-tired-of-putting-more-effort-than-you-do-im-tired-of-always/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“Once upon a time, there was a naïve and innocent girl who thought she could tame the beast and live happily ever after. But…](https://sms4smile.com/quotes/nenia-campbell/once-upon-a-time-there-was-a-na-ve-and-innocent-girl-who-thought-she/) [Nenia Campbell](https://sms4smile.com/quotes/author/nenia-campbell/) > [“Why in depression" "If we are human, why not have the right to smile, Why in depression, young, and beautiful as earth, Why in…](https://sms4smile.com/quotes/yanilsa-pena/why-in-depression-if-we-are-human-why-not-have-the-right-to-smile-why/) Yanilsa pena > [“Depression makes me stronger”](https://sms4smile.com/quotes/shayamalan/depression-makes-me-stronger/) Shayamalan > [“Shorter believes that psychosomatic illnesses (such as leg paralysis at the turn of the twentieth century or multiple personality disorder at the turn of…](https://sms4smile.com/quotes/ethan-watters/shorter-believes-that-psychosomatic-illnesses-such-as-leg-paralysis/) [Ethan Watters](https://sms4smile.com/quotes/author/ethan-watters/) > [Depression is merely anger without enthusiasm.](https://sms4smile.com/quotes/steven-wright/depression-is-merely-anger-without-enthusiasm/) [Steven Wright](https://sms4smile.com/quotes/author/steven-wright/) > [Repression will provoke rebellion.](https://sms4smile.com/quotes/hugh-williamson/repression-will-provoke-rebellion/) Hugh Williamson > [I'm certainly not a perfect mother, but I'm trying to be what my mother wasn't for me. My mother's battled depression, so I understand…](https://sms4smile.com/quotes/dorothy-hamill/i-m-certainly-not-a-perfect-mother-but-i-m-trying-to-be-what-my/) [Dorothy Hamill](https://sms4smile.com/quotes/author/dorothy-hamill/) > [Every trial endured and weathered in the right spirit makes a soul nobler and stronger than it was before.](https://sms4smile.com/quotes/james-buckham-kennedy/every-trial-endured-and-weathered-in-the-right-spirit-makes-a-soul/) James Buckham Kennedy > [Scars by Papa Roach. <3](https://sms4smile.com/quotes/sophielianne/scars-by-papa-roach-3/) Sophielianne [Browse all 4,965 Depression quotes ](https://sms4smile.com/quotes/about/depression/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "New York never felt the recession. 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