Chris Patten Quotes

I didn't feel the Depression at all. I always had a pocketful of money.

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

The periods of unemployment accompanying depression in the business cycle ... present a challenge to all our claims to progress, humanity, and civilization.

My father's money vanished in the Great Depression, and he had trouble keeping a job.

COVID-19 has upended our economy.

We have 23 million people unemployed. They're America's forgotten people. It's the damndest thing that this much collateral damage is acceptable to this [Barack Obama] administration.

I am concerned about the economy. I was the first one laid off.

As I mentioned, things were particularly hard during the Depression. My paternal grandfather was frequently out of work, and the family was evicted from their home.

The general unemployment rate is going to continue for a long time and for all of us. I have never heard so many heart-wrenching stories of all kinds of people all across the economic spectrum.

When more and more people are thrown out of work, unemployment results.

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

You know, my Grandpop Finnegan used to have an expression: he used to say, 'Joey, the guy in Olyphant's out of work, it's an economic slowdown. When your brother-in-law's out of work, it's a recession. When you're out of work, it's a depression.'

Economies are risky. Some industries rise, and others implode, like housing. Some places get richer, and others drop, like Atlantic City. Some people get new jobs that pay better, many lose their jobs or their wages.

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

The 24% unemployment reached at the depths of the Great Depression was no picnic.

When I was in Philadelphia during the Depression in 1930 or '31, I got a very sad job as a night watchman in a garage. The cars in the garage had been abandoned by their owners, since they had lost their jobs and couldn't keep up the payments.

This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.

I'd go to, like, six different schools in one year. We were on welfare, and my mom never ever worked.

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.

The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses.

Unemployment is sky-rocketing; deflation is in our future for the first time since the Great Depression. I don't care whose fault it is, it's the truth.

I was 18 and making 150 quid a week, which was a lot of money to me. Then there was a bad winter and I got paid off. Then my firm, JW Henderson of Bowling Green Street, Leith, went bust. If they hadn't folded, I'd probably still be scaffolding and loving it.

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

The 1930s had been a time of tremendous economic distress. And the unemployment rate was enormously high by any historic standard.

Who in the world wants to run a country where the new norm is one where there are no jobs?