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.
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 investors‘ investment, and it doesn’t work, and you sell the company for nothing. It was brutal.
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.
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.
Consider trade protectionism. It’s been tried – and found wanting – since the Great Depression.
But despite historic levels of obstruction, President Obama was able to bring the economy back from the verge of a second Great Depression.
In the Great Depression, employment and investment were low because labor market institutions and industrial polices changed.
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.
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.
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.
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.
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.
The greatest generation was formed first by the Great Depression. They shared everything – meals, jobs, clothing.
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 loans – none of that.
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.
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.
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.
Our Generation has had no Great war, no Great Depression. Our war is spiritual. Our depression is our lives.
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.
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.
The 24% unemployment reached at the depths of the Great Depression was no picnic.
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.
It took capitalism half a century to come back from the Great Depression.
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.
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.
I’ve lived through the Great Depression.
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.
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.
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.
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.
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.
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.
Debates go on to this day about what caused the Great Depression. Economics is not very good at explaining swings in economic activity.
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.