The 27 Best Economic recovery Quotes

Updated March 1, 2023

Quote by Ben Bernanke: After the 1929 crash, the Federal Reserve mistakenly focused its policies on preserving the gold value of the dollar rather than on stabilizing the domestic economy.

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After the 1929 crash, the Federal Reserve mistakenly focused its policies on preserving the gold value of the dollar rather than on stabilizing the domestic economy. Ben Bernanke, public servant

Ben Bernanke is an American economist and former chairman of the Federal Reserve, who served from 2006 to 2014.

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Quote by Ben Bernanke: How much would you pay to avoid a second Depression?

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How much would you pay to avoid a second Depression? Ben Bernanke, public servant

Ben Bernanke is an American economist and former chairman of the Federal Reserve, who served from 2006 to 2014.

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Quote by Edgar Fiedler: At some risk of oversimplification, I suggest that the usual reason a business cycle turns into a monster is an overdose of government policy.

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At some risk of oversimplification, I suggest that the usual reason a business cycle turns into a monster is an overdose of government policy. Edgar Fiedler, economist

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Quote by Bernie Sanders: In terms of job creation, every billion dollars invested in the physical infrastructure creates 47,000 new jobs.

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In terms of job creation, every billion dollars invested in the physical infrastructure creates 47,000 new jobs. Bernie Sanders, politician

Bernie Sanders is an American politician who served as a U.S. Senator from Vermont and ran for the Democratic nomination for President in 2016 and 2020.

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Quote by Adam Davidson: The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it 'animal spirit.' And if people are feeling generally good about the future, they're more likely to spend money, to start new companies; companies are more likely to hire people, make investments.

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The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it 'animal spirit.' And if people are feeling generally good about the future, they're more likely to spend money, to start new companies; companies are more likely to hire people, make investments. Adam Davidson, journalist

Adam Davidson is an American journalist, radio personality, and co-founder of the podcast Planet Money.

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Quote by Austan Goolsbee: In several quarters in the 2000s, if you added up all the private savings of everyone in the United States, it was less than nothing. You can't sustain that as a driver of growth.

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In several quarters in the 2000s, if you added up all the private savings of everyone in the United States, it was less than nothing. You can't sustain that as a driver of growth. Austan Goolsbee, public servant

Austan Goolsbee is an American economist and professor at the University of Chicago Booth School of Business who served as the Chairman of the Council of Economic Advisers under President Barack Obama.

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Quote by Benigno Aquino III: I started out in public service in 1998 after the Asian financial crisis of '97.

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I started out in public service in 1998 after the Asian financial crisis of '97. Benigno Aquino III, politician

Benigno Aquino III is a former President of the Philippines who served from 2010 to 2016.

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Quote by Bill Gross: Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go.

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Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go. Bill Gross, businessman

Bill Gross is an American businessman and investor who co-founded the investment management firm PIMCO and is known as the "Bond King."

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Quote by Emanuel Cleaver: You would think that if any group in America had 20% to 25% unemployment, it would generate all kinds of attention. The Labor Department would understandably and necessarily begin to concentrate on what can we do to reduce this level of unemployment. Congress would give great time on the floor for debate on what can be done.

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You would think that if any group in America had 20% to 25% unemployment, it would generate all kinds of attention. The Labor Department would understandably and necessarily begin to concentrate on what can we do to reduce this level of unemployment. Congress would give great time on the floor for debate on what can be done. Emanuel Cleaver, politician

Emanuel Cleaver is an American politician who served as the U.S. Representative for Missouri's 5th congressional district from 2005 to 2021.

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Quote by Lawrence Eagleburger: The question is not really about a shift to the economic cone where officers are writing about the balance of payments and the need for economic stabilization.

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The question is not really about a shift to the economic cone where officers are writing about the balance of payments and the need for economic stabilization. Lawrence Eagleburger, diplomat

Lawrence Eagleburger was an American diplomat and politician who served as the United States Secretary of State under President George H.W. Bush.

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Quote by Lucy Powell: Over the last 10 years a huge amount has been achieved in getting people into work. Measures such as the New Deal, tax credits, the minimum wage and improved childcare have brought about record numbers of people in work, a number that is still rising despite the global economic slowdown.

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Over the last 10 years a huge amount has been achieved in getting people into work. Measures such as the New Deal, tax credits, the minimum wage and improved childcare have brought about record numbers of people in work, a number that is still rising despite the global economic slowdown. Lucy Powell, politician

Lucy Powell is a British Labour Party politician who has been the Member of Parliament (MP) for Manchester Central since 2012.

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Quote by Karl Rove: The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery.

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The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery. Karl Rove, politician

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Quote by Lawrence Kudlow: Hillary Clinton would raise taxes on so-called rich people, corporations, capital gains, financial transactions, and inheritance. Has there ever been an example where America has taxed its way into prosperity? Never. Trump has an economic-recovery-and-prosperity plan. Clinton has an austerity-recession plan.

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Hillary Clinton would raise taxes on so-called rich people, corporations, capital gains, financial transactions, and inheritance. Has there ever been an example where America has taxed its way into prosperity? Never. Trump has an economic-recovery-and-prosperity plan. Clinton has an austerity-recession plan. Lawrence Kudlow, journalist

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Quote by Leonard Lance: I think people are sick and tired of bailouts, domestically and internationally.

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I think people are sick and tired of bailouts, domestically and internationally. Leonard Lance, politician

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Quote by Suzan DelBene: I am running because I believe strongly that we need to get folks back to work and address the needs that the folks in the 1st Congressional District have in terms of employment and economic opportunity.

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I am running because I believe strongly that we need to get folks back to work and address the needs that the folks in the 1st Congressional District have in terms of employment and economic opportunity. Suzan DelBene, politician

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Quote by Sam Graves: Access to capital is critical for small business success and crucial to our economic recovery. Without access to capital, many small companies are not able to maintain operations, let alone expand and create new jobs.

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Access to capital is critical for small business success and crucial to our economic recovery. Without access to capital, many small companies are not able to maintain operations, let alone expand and create new jobs. Sam Graves, politician

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Quote by Richard Thaler: Tax cuts are one of many ways to stimulate the economy. Building infrastructure, for example, is another.

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Tax cuts are one of many ways to stimulate the economy. Building infrastructure, for example, is another. Richard Thaler, economist

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Quote by Paul Samuelson: We've become a debtor nation. I don't mean just on fixed-loan terms, but we own increasingly less abroad than is owned from abroad here.

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We've become a debtor nation. I don't mean just on fixed-loan terms, but we own increasingly less abroad than is owned from abroad here. Paul Samuelson, economist

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Quote by Thom Tillis: A Greek exit from the E.U. and the euro would mean the Greek economy would be difficult to sustain.

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A Greek exit from the E.U. and the euro would mean the Greek economy would be difficult to sustain. Thom Tillis, politician

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Quote by Victor Ponta: I see four principles as laying the foundations for the kind of economic recovery Europe needs: fairness, efficiency, solidarity and growth.

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I see four principles as laying the foundations for the kind of economic recovery Europe needs: fairness, efficiency, solidarity and growth. Victor Ponta, politician

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Quote by Nancy Pelosi: With Americans worried about losing their jobs, their savings, their homes and their chance at the American Dream, the New Direction Congress will work in a bipartisan way to lift our economy and help America's middle class.

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With Americans worried about losing their jobs, their savings, their homes and their chance at the American Dream, the New Direction Congress will work in a bipartisan way to lift our economy and help America's middle class. Nancy Pelosi, politician

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Quote by Tim Ryan: We need to be a party saying, 'We are not going to be happy until we get those $30, $40, $50 an hour jobs back for working-class people.'

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We need to be a party saying, 'We are not going to be happy until we get those $30, $40, $50 an hour jobs back for working-class people.' Tim Ryan, politician

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Quote by Tim Bishop: In addition to joblessness, of course, by the working of supply and demand, when you have a larger number of people unemployed, wages do not rise at the normal level, so that we had last year a drop in real wages.

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In addition to joblessness, of course, by the working of supply and demand, when you have a larger number of people unemployed, wages do not rise at the normal level, so that we had last year a drop in real wages. Tim Bishop, politician

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Quote by Richard Trumka: We can support Barack Obama because he's committed to putting America back to work with good jobs - and he proved it by saving the auto industry.

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We can support Barack Obama because he's committed to putting America back to work with good jobs - and he proved it by saving the auto industry. Richard Trumka, activist

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Quote by Ray Dalio: There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful deleveraging.

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There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful deleveraging. Ray Dalio, businessman

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Quote by Rex Tillerson: You know, oil prices from 2007, on the strength of a very robust global economy and a very robust emerging China, many of you will recall, ramped up to near $150 a barrel. Then we had the financial - U.S. financial collapse. Oil prices collapsed all the way down to $40 a barrel.

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You know, oil prices from 2007, on the strength of a very robust global economy and a very robust emerging China, many of you will recall, ramped up to near $150 a barrel. Then we had the financial - U.S. financial collapse. Oil prices collapsed all the way down to $40 a barrel. Rex Tillerson, businessman

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Quote by Mark Zandi: Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax rates for upper-income individuals to revert back to where they were before the cuts in the 1990s. I think at that point it makes perfect sense.

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Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax rates for upper-income individuals to revert back to where they were before the cuts in the 1990s. I think at that point it makes perfect sense. Mark Zandi, economist

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