Great Depression Quotes

Here, we’ve compiled a list of the best Great Depression Quotes from famous persons: Nick Woodman, Richard Ben Cramer, Ben Bernanke, Kurt Vonnegut, S. Truett Cathy. The wide variety of quotes available makes it possible to find a quote to suit your needs. You’ve likely heard some of the Great Depression Quotes before, but that’s because they truly are great.

1
I feel like I went through the Great Depression. All th

I feel like I went through the Great Depression. All these companies are being successful around you, you’re on that track, and then the market collapses, and you’re out of a job. You’re trying to save your investorsinvestment, and it doesn’t work, and you sell the company for nothing. It was brutal.
2
DiMaggio was never a rube. He was very smart and very urban. Coming out of the Great Depression, he was the immigrant boy who made it big. Coming back from World War II, he had all the wealth and power that New York aspired to. When New York saw itself as the center of the world, he was its paragon of class.
3
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.
4
Oh, sure, we have another world war coming, and another great depression, but where are the leaders this time?
5
In the Great Depression, you bought something if you had the cash to buy it.
6
In his first year in office, President Obama pulled us back from the brink of the greatest economic crisis since the Great Depression and worked to lay a new foundation for economic growth. The president identified three key strategies to build that lasting prosperity: innovation, investment, and education.
7
Consider trade protectionism. It’s been tried – and found wanting – since the Great Depression.
8
But despite historic levels of obstruction, President Obama was able to bring the economy back from the verge of a second Great Depression.
Steny Hoyer
9
In the Great Depression, employment and investment were low because labor market institutions and industrial polices changed.
Edward C. Prescott
10
What I find so interesting is, Herbert Hoover in August 1928 said no country in the world was closer to abolishing poverty than the United States. And then, of course, we had the Great Depression.
11
Raised by an irresponsible mother during the Great Depression in the Jim Crow south, my father was on his own from the age of 13.
12
‘Rainwater’ was particularly special because it was a complete departure from the suspense novels. It’s set in the Great Depression and based on an incident that occurred when my dad was a boy.
13
My father’s money vanished in the Great Depression, and he had trouble keeping a job.
14
As far as I can find, almost no one in the profession – not even luminaries like John Maynard Keynes, Friedrich Hayek, or Irving Fisher – made public statements anticipating the Great Depression.
15
I was born illegitimately and almost immediately, as I understand it, placed in an orphanage. So my very earliest memories were in an orphanage. It was the tag end of the Great Depression when I was born. People were desperately poor.
Bryce Courtenay
16
The most striking development of the great depression of 1929 is a profound skepticism of the future of contemporary society among large sections of the American people.
17
Wall Street has come a long way from the insider-dominated world that was blown apart by the Great Depression.
18
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.
19
The greatest generation was formed first by the Great Depression. They shared everythingmeals, jobs, clothing.
20
I am, as it happens, a baby boomer, but not one who feels any broad-gauge nostalgia for the ’60s and ’70s. My attitude resembles that of my parents, who were born in the ’20s and lived through the Great Depression and World War II.
21
The Great Depression, they come out with the New Deal, black people didn’t have access to those government stimulus packages. The New Deal set up what is known as the modern-day middle class. We didn’t have access to programs – the G.I. Bill, Social Security, home loansnone of that.
22
I think what happened during the Great Depression was that African Americans understood that Republicans championed citizenship and voting rights but they became impatient for economic emancipation.
23
Everything I learned about the Great Depression was from a college textbook.
Ralph Abernathy
24
My grandfather was a wealthy and respected merchant in Montclair, New Jersey, where I was born. But his estate was wiped out in the Great Depression, and as a result, I had what I consider the ideal upbringing: We were a proud family, good citizens, and we didn’t have a sou.
25
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.
26
After clearing the land, planting the orchard, building the house and barn, and surviving the Great Depression, our father died suddenly one winter night when we were small, leaving us to learn about loss before we even knew its name.
Virginia Euwer Wolff
27
From a generation that came of age during the Great Depression, millions of our country’s best and bravest took up arms in a worldwide struggle against tyranny.
28
Market capitalism survived and prospered after the boom-bust industrial revolution of the 19th century, and the Great Depression and world wars of the 20th century. It will recover from the financial panic of 2008-09 and Obamanomics.
29
I was born January 6, 1937, eight years after Wall Street crashed and two years before John Steinbeck published The Grapes of Wrath, his Pulitzer Prize-winning novel about the plight of a family during the Great Depression.
30
Our Generation has had no Great war, no Great Depression. Our war is spiritual. Our depression is our lives.
31
Although I was not aware of it at the time, the experience of growing up during the Great Depression was to have a profound impact on my intellectual and professional career.
Lawrence R. Klein
32
As a young man, I lived through the Great Depression, when banks failed and so many lost their jobs and homes and went hungry. I was fortunate to have a job at a canning factory that paid 25 cents an hour.
33
Recovery measures work better when they raise confidence – as Franklin D. Roosevelt understood. His fireside chats, and his inaugural address proclaiming he would fight the Great Depression with the same resolve he would muster against a foreign foe, were aimed at reassuring Americans.
34
The movies saved my life. I grew up in the great depression, the only child of a pair of star crossed lovers. My father lost his job. My mother drank. They fought. The movies were my escape.
35
We are a resilient country. We’ve been through a Civil War; we’ve been through two World Wars. We’ve been through a Great Depression; we even made it through Jimmy Carter! We will make it through the Obama years!
36
My professional apprenticeship at Iowa State College from 1930 to 1943 could not have been better; the Great Depression made it so, and the talented younger economists at Ames during that period made it an exciting and profitable intellectual experience.
Theodore Schultz
37
The 24% unemployment reached at the depths of the Great Depression was no picnic.
Barry Eichengreen
38
My mother lived through the Great Depression. Her family of 11 children pulled themselves up by their bootstraps and moved to wherever there was work at the time. And in rural Oklahoma, that wasn’t easy to find.
39
Hank Paulson, the happy capitalist warrior who spent his life pursuing and defending free markets, is now the biggest interventionist Treasury secretary we’ve had since the Great Depression.
40
‘The Little Rascals’ was set against the background of the Great Depression: the characters were living in poverty. It’s just that it wasn’t focused on it. It was focused on what makes childhood universal. We’re all laughing at kids because we see ourselves in them; we remember our childhood.
41
It took capitalism half a century to come back from the Great Depression.
42
Americans who have parents raised during the Great Depression or World War II understand how drastically things have changed on the home front. My father did not care a whit whether I liked him, and it would have been unthinkable for him to pick up my stuff. There were rules in the house, and they were enforced.
43
I was born in Chicago in 1927, the only child of Morris and Mildred Markowitz, who owned a small grocery store. We lived in a nice apartment, always had enough to eat, and I had my own room. I never was aware of the Great Depression.
Harry Markowitz
44
The singer-songwriter has always played music that was stylistically rooted in the ’30s and the Great Depression and the Dust Bowl. But the fact of the matter is that none of us remember the Depression firsthand.
45
America has always built ourselves out of adversity. All the way back to the Great Depression.
Jim Gray
46
We have had a great depression in agriculture, caused mainly by several seasons of bad harvests, and some of our traders have suffered much from a too rapid extension in prosperous years.
John Bright
47
In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the Great Depression.
48
When I was a deacon, the ominous signs of the Great Depression began to appear. Tens of thousands lost their jobs. Money was scarce. Families had to do without. Some young people did not ask their mothers, ‘What’s for dinner?’ because they knew all too well that their cupboards held very little.
49
My parents had become adults during the Great Depression, as had many of my aunts and uncles, so I got stories from all of them. They are fastened up inside me, and now and again, they have to come out.
50
I’ve lived through the Great Depression.
51
Men and women whose early youth was shaped in the ordeal of the Great Depression showed the values formed in that crucible when tyranny threatened a world.
52
The minimum wage is something that F.D.R. put in place a long time ago during the Great Depression. I don’t think it worked then. It didn’t solve any problems then and it hasn’t solved any problems in 50 years.
John Raese
53
The trade deficit always goes up when the economy is strong and plummets when the economy sinks, as it did during both the Great Depression of the 1930s and the Great Recession of 2008-09.
54
We were growing up in West Virginia. Everybody was poor there in the southern part of the state. It was like growing up in the Great Depression from the stories I hear people tell. Everybody was poor and so we didn’t know that we were any different from anybody else.
James Green Somerville
55
My parents survived the Great Depression and brought me up to live within my means, save some for tomorrow, share and don’t be greedy, work hard for the necessities in life knowing that money does not make you better or more important than anyone else. So, extravagance has been bred out of my DNA.
56
If we go back to the birth of ‘Superman‘ and ‘Batman‘ in America in the ’30s, they were created because of events like the Great Depression, crime and Al Capone, among others. Everybody was corrupt back then, and if you can’t have a hero in real life, it helps to have one in your fantasies.
57
In his first term, President Barack Obama played a cautious manager navigating the worst economic disaster since the Great Depression and cleaning up the messes left by President George W. Bush in Iraq and Afghanistan.
58
The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters.
James Tobin
59
By 1929, 5 percent of the population received one-third of the nation‘s income. The structural weaknesses of this economy plunged the nation into the Great Depression.
60
In the midst of the pain and panic of the Great Depression, as many as 2 million people of Mexican descent were expelled from the United States.
61
My parents, products of the Great Depression, were successful people, but lived in a state of constant fear that my sister and I, and they, would sink into the kind of economic insecurity that their generation knew so well.
62
Debates go on to this day about what caused the Great Depression. Economics is not very good at explaining swings in economic activity.
63
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.
64
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.
65
I got a job in advertising. So even though I was writing, I was always supporting myself. That’s the thing that would matter for my father, who was absolutely a creature of the Great Depression.
66
Facts are facts: No president since Franklin Delano Roosevelt in the Great Depression inherited a worse economy, bigger job losses or deeper problems from his predecessor. But President Obama is moving America forward, not back.