Sam Walton Quotes

I cannot help but raise a dissenting voice to statements that we are living in a fool's paradise, and that prosperity in this country must necessarily diminish and recede in the near future

It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.

No I don't think it was a myth at all, anymore than what the recession that the whole country was experiencing was a myth, which obviously seems like it's going to get worse and worse.

A recession is when a neighbor loses his job. A depression is when you lose yours. And recovery is when Jimmy Carter loses his.

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

It's a recession when your neighbor loses his job; it's a depression when you lose yours.

The upward economic movement in America has undoubtedly reached its end – the crisis has come.

A recession is a period in which you tighten your belt. In a depression, you have no belt to tighten. In a panic you have no pants left to hold up.

It’s hard to be a fan of the free market these days when the free market has just driven the economy over the cliff.

I think that this is the most significant financial crisis in the post-War period for the United States, and it has in fact a global reach.... I think it is extraordinarily important to understand that, as we have seen in many previous examples of different countries and different times, choking up of credit is like taking the lifeblood away from the economy.

A recession forces excruciatingly difficult choices.

California's economy is declining so rapidly that candidates are asking 'Are you better off now then you were four minutes ago?'

The economic times we are facing... are arguably the worst they've been in 60 years. And I think it's going to be more profound and long-lasting than people thought.

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

A recession is when your neighbor loses his job. A depression is when you lose yours.

I tell you, the economy is in bad shape. In fact, the economy is so bad, President Barack Obama's new slogan is 'Spare Change You Can Believe In.'

The simple fact of the matter is, as I know everyone in this room knows, that the recession that this country faced when this President took office was the worst since the Great Depression.

I think when the bottom started to drop out, we didn't recognize it.

Nevada was hit hardest by the recession - highest unemployment, highest foreclosure rate, highest bankruptcy rate.

Uncertainty is killing this economy.

People don't walk away from their homes unless they can't make the payments. That's an indication that we are in a recession.

How much would you pay to avoid a second Depression?

Not every business cycle has a financial crisis. Frequently they do.

Canadians know that the promise of a recession didn't happen because of anything we did here. If you look at all the causes of the recession, problems in mortgage markets, the problems in the banking sector, the problems in government finance in countries like Greece, none of those problems were in present Canada.

When our economy is not growing, those least able to look after themselves are the first thrown overboard ...