Downturn Quotes

A perfect storm is in the making: financial uncertainty, economic downturn, government cuts, rising unemployment and a future that looks less clear the more we try to fathom it.

We must reset our sails to take advantage of these changing winds and prosper as a business and individual. You can make the most of this downturn and position yourself for the next boom that's going to follow.

Protectionism is a very real danger. It is understandable that in times of a severe downturn protectionist pressures mount but the lessons of history are clear. If we give in to protectionist pressures, we will only send the world into a downward spiral.

When markets go down, opportunities go up for smart real estate investors. I would much rather play the downturn than the upturn.

The impact of the downturn is starting to feel very real. House prices and the housing market have been taking the knock for some time and that's affecting people.

The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.

Demagogues always do well in economic downturns.

I talk to a lot of librarians, and there's always a steady drumbeat of how libraries are places of community. But a lot of them have also recently - and just in the nick of time - refurbished, because during this economic downturn, people have a tendency to borrow instead of buy.

A time-tested political tactic guaranteed to raise a president's popularity rating by at least 30 points. It is especially useful during election years and economic downturns.

Those that believe this is merely a downturn are mad. Our industry is going to mature and as something matures, the rate of innovation does slow.

What I saw a thousand times during the downturn was, 'We'd like to give her that opportunity, but we need to go with the sure thing - we can't afford diversity right now,'

If I could say something about Capricornia, and it came out in your previous report, there is no doubt that the end of the mining boom has led to an economic downturn in central Queensland, and that is why people in Capricornia, and elsewhere in central Queensland too, are so desperate for a government that will protect their jobs and create new opportunities for jobs in the future. And that is why [Malcolm] Turnbull government's message of jobs and growth and its six point economic plan is so important to them.

When you're in an economic downturn, what you want is to create jobs and economic growth. And the recipe isn't Republican or Democrat. It's low taxes, low spending, less regulation, free trade.

It is important for us to make a distinction between the spiritual fruit of joy and the cultural concept of happiness. A Christian can have joy in his heart while there is still spiritual depression in his head. The joy that we have sustains us through these dark nights and is not quenched by spiritual depression. The joy of the Christian is one that survives all downturns in life.

Curiosity has ... proven to be a great ingredient in resilience, a trait particularly valuable in an extended economic downturn. Resilient people aren't made of steel; they just provide themselves with more options, and those options come from a curious mind.

Unsolvable problems do not exist. Any crisis is a combination of specific tasks to be worked on. The government has the experience and reserves to overcome the economic downturn

This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and stabilize.

You know, if I listened to Michael Dukakis long enough, I would be convinced we're in an economic downturn and people are homeless and going without food and medical attention and that we've got to do something about the unemployed.

I think we will have continuing danger from these markets and that we will have repeats of the financial crisis - [they] may differ in details but there will be significant financial downturns and disasters attributed to this regulatory gap, over and over, until we learn from experience

High gas prices are eating away at consumers disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel.

One thing I learned in '97, when I thought the right time to found a company was during a swing-up, is that it's much better to start during an economic downturn. Partnerships are easier; hiring is easier; and the competition starts later.

To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is an understatement. Wall Street indexes predicted nine out of the last five recessions! And its mistakes were beauties.

We invested in the downturn and we never stopped serving our clients.

Markets always change, and as soon as there's downturn, cleanliness becomes a major value.

Film has become a marketed commodity, and the opportunities and audiences for art cinema have grown smaller. There is a general downturn in cultural literacy, perhaps because of television.

Gambling is a catalyst for economic downturn

The New Capitalism (arising from the global economic downturn)...those running our biggest commercial businesses will have to be more visible. They'll have to manifest a genuine understanding not only of the anxieties of their employees but of all taxpayers. Those chief executives who succeed will be those who imbue in their businesses very simple, commonsense standards of decency

I think readers appreciate those of us who stay in the trenches and fight the good fight even when times get tough. I know that I, personally, lost respect for writers who, when there was a downturn in the market, started shouting from the rooftops that they wrote thrillers and suspense novels rather than horror. As far as I'm concerned, those wussboys should sever all ties with the horror community if that's the way they feel and get out of the way so real horror writers can do their work.

If you can sit quietly after difficult news; if in financial downturns you remain perfectly calm; if you can see your neighbors travel to fantastic places without a twinge of jealousy; if you can happily eat whatever is put on your plate; you can fall asleep after a day of running around without a drink or a pill; if you can always find contentment just where you are: you are probably a dog.

Because of piracy there has been a massive downturn in people buying music, which makes it more difficult for artists to make money from the sale of records.

To recover from the current economic downturn, it has been estimated that we need to create on the order of 17 million to 20 million new jobs in the coming decade...And it's very hard to imagine where those jobs are going to come from unless we seriously get busy reinventing manufacturing.

A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market.

A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.

There's this whole problem of trafficking, which has gotten worse in the economic downturn, which disproportionately affects young women, but also affects some young men who are sold into bondage, into basically servitude for indebted work that they can often never escape from.

The fact is that the New Deal did not work. It prolonged what might have been a troubling two-year downturn into a horrifying blow to world prosperity that ended up in a war that killed countless millions. It was one of the greatest acts of wreckage in world history.

In the next economic downturn there will be an outbreak of bitterness and contempt for the supercorporate chieftains who pay themselves millions. In every major economic downturn in US history the villains have been the heroes during the preceding boom.

Downturns are the best time to start businesses because you develop discipline that's very lean and mean in terms of how to spend money. And those habits serve you very well in good times.

Success is not a pie with a limited number of pieces. The success of others has very little bearing on your success. You and everyone you know can become successful without anyone suffering setbacks, harm, or downturns.

Financial institutions are not being bailed out as a favor to them or their stockholders. In fact, stockholders have come out worse off after some bailouts. The real point is to avoid a major contraction of credit that could cause major downturns in output and employment, ruining millions of people, far beyond the financial institutions involved. If it was just a question of the financial institutions themselves, they could be left to sink or swim. But it is not.

Reasons to be positive. The economic downturn could be the catalyst for positive change. It should be translated into the wake-up call we need for a major change in aspirations and lifestyles to save humanity from the ecological and economic disaster that would otherwise result from continuing on the high carbon and resource depleting path we have been pursuing

From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.

We've had one of these before, when the dot-com bubble burst. What I told our company was that we were just going to invest our way through the downturn, that we weren't going to lay off people, that we'd taken a tremendous amount of effort to get them into Apple in the first place; the last thing we were going to do is lay them off.

Most analysts would agree that if all the undocumented immigrants in California were deported in one day, our state would experience a severe economic downturn. This does not even consider the many cultural and spiritual gifts these immigrants bring to our state and nation.

I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough to stimulate alternative investments. But I had to face the fact that speculative bubbles usually are followed by recessions. My excuse has been that this was because the policy makers moved too slowly - that central banks were typically too slow to cut interest rates in the face of a burst bubble, giving the downturn time to build up a lot of momentum.

When you're in a major market downturn, the beta eats the alpha.

In a downturn, aggressive PR and communications strategy is key.

The ad industry isn't struggling for a new set of principles or abandoning the ones that made it great from the start. It's simply in the midst of a business cycle. I don't think it's more profound than that. And despite the economic downturn, I'm having more fun today than at any other moment in my 30-year advertising career. The game is more interesting and more relevant than ever.

Poverty - the greatest cause of human suffering on the planet - is itself exacerbated by conflict, competition for resources, injustice, even the global downturn and climate change. Diseases like AIDS, TB and malaria cannot be tackled without adequate resources. So you see everything is connected. In order to address any major cause of human suffering, we have to work together across many fronts.

With more than half the population now checking their account balances more often as a direct result of the downturn, and with more of us comparing prices in virtually every market, it is natural to turn budget management into a skill, an accomplishment, a badge of lifestyle success.

Right now, with millions of Americans still out of work, and struggling to recover from the worst economic downturn since the great depression, with 40 million Americans dealing with student loans, with millions of people working full-time at minimum wage and still living in poverty, with the big banks getting bigger and the workers getting poorer, and seniors struggling to make ends meet, Republicans in Washington have decided the most important thing for them to focus on is how to deny women access to birth control.