Artur Davis Quotes

To begin with, I turn back time. I reverse it to that quaint period, the thirties, when the huge middle class of America was matriculating in a school for the blind. Their eyes had failed them, or they had failed their eyes, and so they were having their fingers pressed forcibly down on the fiery Braille alphabet of a dissolving economy.

How much would you pay to avoid a second Depression?

You know, every family and every business in California knows what it means to go through tough times.

I was born in 1928 and by 1931 the Depression was beginning to mount.

As families and small businesses alike are tightening their belts to account for the worsening economy, they have every right to ask: 'Why isn't my government doing the same?'

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

Few things trigger fear and misconception more than economic tribulation, and nothing prompts elected officials to react with more simplistic populism.

In 1843, everybody was hungry, unemployed, and conditions were very bad.

People saw the Depression as a necessary thing - a chance to squeeze out the excesses, get back to Puritan morality. That just made things worse.

I believe that with the help of foreign countries - and under that condition only, because they have no other source of financing - the new government may temporarily extricate Georgia from the current situation.

It is absolutely impossible to settle the debts to pensioners, teachers, and others. The country hasn't got enough money to do so.

The problem that faces our country today, the last 30 years we have lived off the future, and the bill is coming due. So there cannot be anything that is not put on the table. There will not be one American that will not be called to sacrifice. Those that are more well-to-do will be called to sacrifice to a greater extent.

If we learned anything from the depression we will not allow ourselves to run around in new circles of futile discussion and debate, always postponing the day of decision.

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.

The Depression has caused an emergency more serious than war.

The great fear of every patriot at this moment relates to our currency. The vast over issues of paper money have raised prices to such a pitch as to make the expenses of the Government enormous.... The poor suffer from this enormous inflation of currency. Beef is 1.25 per lb—Butter $4—Eggs 3—clothing is unobtainable ... coffee is $8—sugar 3, etc. so on. Shoes cannot be had under $50 to $60 the pr. for very common ones. God only knows where all this will stop.

I did not throw out my education lightly, but what I was being taught was of no use in explaining what I saw around me. It was the Great Depression.

I've lived through the Great Depression.

Being a Russian oligarch these days isn't easy. The best and brightest of them are in exile or in jail; others, after feasting on leverage during the commodities boom, now have tummies full of debt.

In spite of what are unprecedented measures in scale and scope, I can't stand here and say I can save every single job, protect every single business or indeed every single charity. That's just simply not possible.

They were the darkest of times, the years following the crash of the stock market in 1929. Thousands of people across the United States were cast out of their Jobs, off their farms, out of their homes and apartments, and into the crushing depths of poverty.

Most people fall upon tough times at some point.

In difficult economic times, I'm firmly opposed to austerity.

I have met so many people who had their life savings wiped out, who lost their homes, who are barely back with their heads above water.This was a disaster for our country, and we can never let that happen again.

In an economic recession, naturally, when you ask people to list their priorities, they're going to place a higher priority on the immediate economic situation.