Best Downturn Quotes | Short & Famous Sayings

“Protectionism is a very real danger. It is understandable that in times of a severe downturn protectionist pressures mount but the lessons of history are clear. If we give in to protectionist pressures, we will only send the world into a downward spiral.”

Ifs World Giving Real Clear Danger Lessons Pressure Severe Spirals Protectionism Downturn Downward Spiral

Author:Manmohan Singh

“When you're in a major market downturn, the beta eats the alpha.”

Majors Alphas Downturn Beta

Author:Jeffrey Gundlach

“When you're in an economic downturn, what you want is to create jobs and economic growth. And the recipe isn't Republican or Democrat. It's low taxes, low spending, less regulation, free trade.”

Want Jobs Growth Economic Republican Taxes Lows Trade Democrat Spending What You Want Regulation Recipes Economic Growth Free Trade Downturn Economic Downturn Spending Less

Author:Nancy Pfotenhauer

“Demagogues always do well in economic downturns.”

Wells Economic Downturn Economic Downturn

Author:John Avlon

“To recover from the current economic downturn, it has been estimated that we need to create on the order of 17 million to 20 million new jobs in the coming decade...And it's very hard to imagine where those jobs are going to come from unless we seriously get busy reinventing manufacturing.”

Needs Has Beens Hard Jobs Order Millions Imagine Economic Busy Currents Decades Manufacturing New Job Reinventing Downturn Economic Downturn

Author:Susan Hockfield

“Poverty - the greatest cause of human suffering on the planet - is itself exacerbated by conflict, competition for resources, injustice, even the global downturn and climate change. Diseases like AIDS, TB and malaria cannot be tackled without adequate resources. So you see everything is connected. In order to address any major cause of human suffering, we have to work together across many fronts.”

“I think readers appreciate those of us who stay in the trenches and fight the good fight even when times get tough. I know that I, personally, lost respect for writers who, when there was a downturn in the market, started shouting from the rooftops that they wrote thrillers and suspense novels rather than horror. As far as I'm concerned, those wussboys should sever all ties with the horror community if that's the way they feel and get out of the way so real horror writers can do their work.”

“Raising taxes in an economic downturn is not a good idea.”

Ideas Economic Taxes Good Ideas Downturn Raising Taxes Economic Downturn

Author:Martha McSally

“High gas prices are eating away at consumers disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel.”

Economic Depends Eating Income Consumers Fuel Gas Livelihood Gasoline Diesel Gas Prices Downturn Economic Downturn Diesel Fuel

Author:Major Owens

“There's this whole problem of trafficking, which has gotten worse in the economic downturn, which disproportionately affects young women, but also affects some young men who are sold into bondage, into basically servitude for indebted work that they can often never escape from.”

Men Whole Problem Young Economic Young Man Young Women Bondage Servitude Indebted Trafficking Downturn Economic Downturn

Author:William J. Clinton

“We can enjoy a self-assurance that doesn't depend on the state of things outside ourselves, be it downturns or booms or whatever.”

Self States Enjoy Depends Assurance Self Assurance Downturn

Author:Desmond Tutu

“Film has become a marketed commodity, and the opportunities and audiences for art cinema have grown smaller. There is a general downturn in cultural literacy, perhaps because of television.”

Art Film Opportunity Audience Television Cinema Commodity Literacy Downturn

Author:Roger Ebert

“The extraction tax is based in part on production times the market value at the wellhead, so any downturn in the market price is going to be a mathematical impact on the shale tax. But beyond that, it also concerns me because it also impacts the health of the industry.”

Values Industry Taxes Concern Impact Productions Mathematical Downturn Extraction

Author:Tom Wolf

“Those that believe this is merely a downturn are mad. Our industry is going to mature and as something matures, the rate of innovation does slow.”

Inspirational Believe Doe Industry Innovation Mad Rate Mature Downturn

Author:Larry Ellison

“The point is that families today are spending their money no more foolishly than their parents did. And yet they're five times more likely to go bankrupt, and three times more likely to lose their homes. Families are going broke on the basics - housing, health insurance, and education. These are the kind of bills that you can't just trim around the edges in the event of a downturn.”

Kind Home Today Three Parent Loses Five Events Bills Edges Spending Broke Three Times Housing Basics Downturn Families Today

Author:Amelia Warren Tyagi

“In the next economic downturn there will be an outbreak of bitterness and contempt for the supercorporate chieftains who pay themselves millions. In every major economic downturn in US history the villains have been the heroes during the preceding boom.”

Has Beens Next Pay Millions Economic Hero Majors Bitterness Contempt Villain Us History Outbreaks Downturn Economic Downturn

Author:Peter Drucker

“Unsolvable problems do not exist. Any crisis is a combination of specific tasks to be worked on. The government has the experience and reserves to overcome the economic downturn”

Problem Government Economic Tasks Overcoming Crisis Combination Reserves Downturn Economic Downturn

Author:Dmitry Medvedev

“To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is an understatement. Wall Street indexes predicted nine out of the last five recessions! And its mistakes were beauties.”

Stills Lasts Mistake Study Five Four Economic Streets Movement Wall Prove Nine Recessions Commentators Omen Understatement Downturn

Author:Paul Samuelson

“We've had one of these before, when the dot-com bubble burst. What I told our company was that we were just going to invest our way through the downturn, that we weren't going to lay off people, that we'd taken a tremendous amount of effort to get them into Apple in the first place; the last thing we were going to do is lay them off.”

People Way Firsts Lasts Effort Company Taken Amount Lays Apples Bubbles Dots Downturn

Author:Steve Jobs

“Financial institutions are not being bailed out as a favor to them or their stockholders. In fact, stockholders have come out worse off after some bailouts. The real point is to avoid a major contraction of credit that could cause major downturns in output and employment, ruining millions of people, far beyond the financial institutions involved. If it was just a question of the financial institutions themselves, they could be left to sink or swim. But it is not.”

People Ifs Real Facts Left Causes Millions Involved Majors Institutions Financial Credit Favors Employment Swim Output Contractions Financial Institutions Bailouts Downturn Sink Or Swim

Author:Thomas Sowell

“The fact is that the New Deal did not work. It prolonged what might have been a troubling two-year downturn into a horrifying blow to world prosperity that ended up in a war that killed countless millions. It was one of the greatest acts of wreckage in world history.”

World Years Has Beens Two War Facts Might Deals Millions Blow Prosperity Two Years Working It Might Have Been World History New Deal Wreckage Downturn

Author:Llewellyn Rockwell

“Beware leverage in all its forms. Borrowers - individual, corporate, or government - should always match fund their liabilities against the duration of their assets. Borrowers must always remember that capital markets can be extremely fickle, and that it is never safe to assume a maturing loan can be rolled over. Even if you are unleveraged, the leverage employed by others can drive dramatic price and valuation swings; sudden unavailability of leverage in the economy may trigger an economic downturn.”

“I talk to a lot of librarians, and there's always a steady drumbeat of how libraries are places of community. But a lot of them have also recently - and just in the nick of time - refurbished, because during this economic downturn, people have a tendency to borrow instead of buy.”

People Community Economic Library Tendencies Steady Librarian Downturn Economic Downturn

Author:Paula Poundstone

“A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.”

Long Opportunity Term Company Increase Management Bother Long Term Great Men Investors Ownership Short Term Corrections Great Company Timer Downturn Great Management

Author:Warren Buffett

“A time-tested political tactic guaranteed to raise a president's popularity rating by at least 30 points. It is especially useful during election years and economic downturns.”

Years War Political Peace President Economic Raises Election Popularity Tested Tactics Rating Downturn Election Years Economic Downturn

Author:Chaz Bufe

“If I could say something about Capricornia, and it came out in your previous report, there is no doubt that the end of the mining boom has led to an economic downturn in central Queensland, and that is why people in Capricornia, and elsewhere in central Queensland too, are so desperate for a government that will protect their jobs and create new opportunities for jobs in the future. And that is why [Malcolm] Turnbull government's message of jobs and growth and its six point economic plan is so important to them.”

“Gambling is a catalyst for economic downturn”

Economic Gambling Catalyst Downturn Economic Downturn

Author:John Warren Kindt

“We invested in the downturn and we never stopped serving our clients.”

Serving Clients Downturn

Author:Jamie Dimon

“The impact of the downturn is starting to feel very real. House prices and the housing market have been taking the knock for some time and that's affecting people.”

People Feels Has Beens Real House Impact Starting Housing Downturn Housing Market House Prices

Author:Lucy Powell

“You know, if I listened to Michael Dukakis long enough, I would be convinced we're in an economic downturn and people are homeless and going without food and medical attention and that we've got to do something about the unemployed.”

People Ifs Knows Long Enough Would Be Politics Attention Economic Convinced Medical Homeless Unemployed Downturn Economic Downturn

Author:Ronald Reagan

“A perfect storm is in the making: financial uncertainty, economic downturn, government cuts, rising unemployment and a future that looks less clear the more we try to fathom it.”

Trying Looks Government Perfect Clear Cutting Economic Financial Storm Uncertainty Rising Unemployment Fathom Downturn Economic Downturn Perfect Storm

Author:Jonathan Sacks

“With more than half the population now checking their account balances more often as a direct result of the downturn, and with more of us comparing prices in virtually every market, it is natural to turn budget management into a skill, an accomplishment, a badge of lifestyle success.”

Turns Natural Results Business Half Balance Skills Direct Accounts Management Population Lifestyle Compare Budgets Accomplishment Badges Downturn

Author:Joe Staton

“Curiosity has ... proven to be a great ingredient in resilience, a trait particularly valuable in an extended economic downturn. Resilient people aren't made of steel; they just provide themselves with more options, and those options come from a curious mind.”

People Mind Made Economic Curiosity Valuable Resilience Curious Ingredients Traits Steel Proven Resilient Downturn Economic Downturn

Book:Emotional Equations: Simple Truths for Creating Happiness + Success

Source: Emotional Equations: Simple Truths for Creating Happiness + Success

“The President's political travel is going to get blamed (and probably rightly) for a share of this downturn.”

Political President Share Travel Funny Travel Downturn

Author:Robert Teeter

“I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough to stimulate alternative investments. But I had to face the fact that speculative bubbles usually are followed by recessions. My excuse has been that this was because the policy makers moved too slowly - that central banks were typically too slow to cut interest rates in the face of a burst bubble, giving the downturn time to build up a lot of momentum.”

“From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.”

“The New Capitalism (arising from the global economic downturn)...those running our biggest commercial businesses will have to be more visible. They'll have to manifest a genuine understanding not only of the anxieties of their employees but of all taxpayers. Those chief executives who succeed will be those who imbue in their businesses very simple, commonsense standards of decency”

“What I saw a thousand times during the downturn was, 'We'd like to give her that opportunity, but we need to go with the sure thing - we can't afford diversity right now,'”

Needs Giving Opportunity Saws Right Now Thousand Diversity Sure Thing Downturn

Author:Sallie Krawcheck

“Downturns are the best time to start businesses because you develop discipline that's very lean and mean in terms of how to spend money. And those habits serve you very well in good times.”

Wells Mean Term Habit Discipline Good Times Best Times Downturn

Author:Kevin O'Leary

“Right now, with millions of Americans still out of work, and struggling to recover from the worst economic downturn since the great depression, with 40 million Americans dealing with student loans, with millions of people working full-time at minimum wage and still living in poverty, with the big banks getting bigger and the workers getting poorer, and seniors struggling to make ends meet, Republicans in Washington have decided the most important thing for them to focus on is how to deny women access to birth control.”

“If you can sit quietly after difficult news; if in financial downturns you remain perfectly calm; if you can see your neighbors travel to fantastic places without a twinge of jealousy; if you can happily eat whatever is put on your plate; you can fall asleep after a day of running around without a drink or a pill; if you can always find contentment just where you are: you are probably a dog.”

Ifs Running Fall Difficult Dog Drink News Calm Financial Neighbor Fantastic Contentment Where You Are Plates Pills Downturn

Author:Jack Kornfield

“Because of piracy there has been a massive downturn in people buying music, which makes it more difficult for artists to make money from the sale of records.”

People Has Beens Artist Difficult Records Making Money Buying Massive Piracy Downturn

Author:Lily Allen

“A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market.”

Long Violent Crash Bulls Downturn Bull Markets

Author:Ron Chernow

“One thing I learned in '97, when I thought the right time to found a company was during a swing-up, is that it's much better to start during an economic downturn. Partnerships are easier; hiring is easier; and the competition starts later.”

Found Company One Thing Economic Easier Competition Swings Partnership Right Time Hiring Downturn Economic Downturn

Author:Reid Hoffman

“The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.”

Past Economy Risk Months Over The Past Downturn

Author:Ben Bernanke

“Women's golf definitely hit a bump in the road. We lost some tournaments due to a combination of things led by the downturn in the economy.”

Lost Economy Golf Dues Combination Tournaments Bumps Downturn Bumps In The Road

Author:Hollis Stacy

“I think we will have continuing danger from these markets and that we will have repeats of the financial crisis - [they] may differ in details but there will be significant financial downturns and disasters attributed to this regulatory gap, over and over, until we learn from experience”

Thinking May Danger Crisis Financial Details Disaster Significant Repeats Gaps Continuing Financial Crisis Learning Experience Downturn

Author:Brooksley Born

“It is important for us to make a distinction between the spiritual fruit of joy and the cultural concept of happiness. A Christian can have joy in his heart while there is still spiritual depression in his head. The joy that we have sustains us through these dark nights and is not quenched by spiritual depression. The joy of the Christian is one that survives all downturns in life.”

Heart Stills Important Christian Spiritual Joy Night Dark Concepts Fruit Distinction Dark Night Downturn

Author:R. C. Sproul

“Success is not a pie with a limited number of pieces. The success of others has very little bearing on your success. You and everyone you know can become successful without anyone suffering setbacks, harm, or downturns.”

Knows Littles Suffering Numbers Successful Pieces Harm Pie Setback Becoming Successful Downturn Success Of Others

Author:Denis Waitley

“The ad industry isn't struggling for a new set of principles or abandoning the ones that made it great from the start. It's simply in the midst of a business cycle. I don't think it's more profound than that. And despite the economic downturn, I'm having more fun today than at any other moment in my 30-year advertising career. The game is more interesting and more relevant than ever.”

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Downturn Quotes