Australia Quote by Richard Glover

We haven't had a recession for 25 years in Australia. It's partly because of our trade with China.

— Richard Glover

Let me put it very forcefully: No large economy has ever recovered from an economic downturn through austerity. It's not going to happen in…

— Joseph Stiglitz

One of the things that happens when you have austerity is that wages get lower, and some people think lower wages in the short…

— Joseph Stiglitz

Here in Australia we do get impacted by global economic events. But we should have some confidence that our economy has got strong underlying…

— Julia Gillard

The crisis was 2008, in 2015 - almost eight years later and the gap between where we would have been and where we are…

— Joseph Stiglitz

If you listen to the news, read the news, you'd think we were still in a recession. Well, we're not in a recession. We've…

— Dan Quayle

Americans have always been able to handle austerity and even adversity. Prosperity is what is doing us in.

— James Reston

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

— Edgar Fiedler

If this Government cannot get the adjustment, get manufacturing going again, and keep moderate wage outcomes and a sensible economic policy, then Australia is…

— Paul Keating

No one saw the recession coming. The UK businesses were solid as a rock, but the issues we had were in Paris, New York…

— Gordon Ramsay

If Australia finds it has a strong Australian dollar, and it has higher unemployment, then it would have to respond, and that would either…

— Ben Bernanke

“Austerity, especially when it cannot be offset by a significant lowering of interest rates, brings with it increases in unemployment -- particularly enduring unemployment…

— Alex Himelfarb