Able Quote by Rick Moody

A recession is predominantly for the middle class. Where I come from, the majority of people have always lived in a recession.

— Curtis Jackson

Labor force participation peaked in early 2000, so its decline began well before the Great Recession. A portion of that decline clearly relates to…

— Janet Yellen

There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions.

— Robert Reich

When the average person is being financially squeezed, they cut back on spending, demand goes down and businesses have to lay people off. That's…

— Touker Suleyman

When you're facing the threat of recession, you need to have an expansionary monetary and fiscal policy. Pre-Keynesian, Hooverite views are dead everywhere except…

— Joseph Stiglitz

Recessions are great because they unlock the best people.

— Aaron Patzer

If we lose a job, we are easily tempted into thoughts like, "Ain't it awful? There aren't any jobs out there. This is terrible.…

— Marianne Williamson

There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly.

— Mark Zandi

As many people know, our job market problems began long before the latest recession. We have faced literally decades with no substantive increase in…

— Jeffrey Pfeffer

It's not just about the current economic environment. History shows that slashing budgets always leads to recession.

— Ha-Joon Chang

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

You've heard of mental depression; this is a mental recession.

— Phil Gramm