John Bright Quotes

By March '87 we're down to seven thousand, by the end of the year we're down to twelve hundred. The whole bottom just fell out of the market. It was bad for me because I was in Australia at the time.

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.

When I was born, the economy wasn't in a great state; it was the Depression, and my father had to be quick to try and find work.

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

How much would you pay to avoid a second Depression?

Alas, in 1929 came the Stock Market crash and everything changed and became worrisome. People started practicing conservatism because of financial losses, myself included.

Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933.

If you had asked people in 1929, 'Here is what is about to happen. How much would you pay to avoid the Great Depression from occurring?' The answer is they would have paid a lot. They would have borrowed money if it could be used to prevent the Great Depression.

The downturn following the collapse of Japan's so-called bubble economy of the 1980s was not as severe as the Great Depression.

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.

'Up in the Air' may be a glossy production sprinkled with laughter and sex, but it captures the distinctive topography of our Great Recession as vividly as a far more dour Hollywood product of 70 years ago, 'The Grapes of Wrath,' did the vastly different landscape of the Great Depression.

I used to boast that Whole Foods was sort of recession-proof. And obviously I've been proven wrong. So I'm not boasting about that any longer.

We are having the single worst recovery the U.S. has had since the Great Depression. I don't care how you measure it. The East Coast knows it. The West Coast knows it. North, South, old, young, everyone knows it's the worst recovery since the Great Depression.

Let nobody be fooled, the next two quarters are not going to be easy either in terms of growth or employment.

During the financial crisis and bailouts of 2008, it probably occurred to very few average people that we were entering a period of hardship for billionaires.

Normally, the market peaks before bad news emerges. That's what happened in 1929, and that's what happened in 2000.

America had been a boom-and-bust economy going into the Great Depression - just over and over and over, fortunes were wiped out, ordinary families were crushed under it.

Gentleman, you have come sixty days too late. The depression is over.

Because he was unorganized, the farmer has been made the financial shock absorber.... He fed the nation and he lost his home.

This crash is not going to have much effect on business.

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

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

Did I recognize that there was anger or frustration in the American population? Of course I did. First of all, we had to fight back from the worst recession since the Great Depression, and I can guarantee you if your housing values have crashed and you've lost most of your pension and you've lost your job, you're going to be pretty angry.

So I analyzed that and decided I didn't want to be the president during a depression greater than the Great Depression, or the beginning of a depression greater than the Great Depression.

In 2010 there were a lot of folks who were still out of work. There were a lot of folks who had lost their homes or saw their home values plummet, their 401k's plummet.