“If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold.”
Jeffrey Sachs
“Recess is always a possibility.”
Chistopher Hill
“This in some terms has been one of the mildest recessions on record, ... but it has been a severe recession by business standards and by the standards of the industrial sector.”
Gail Fosler
“Two recessions in more than eighteen years is not a bad E.R.A. -- earned recession average. The bottom line is he did a very good job as Fed chairman.”
David Kelly
“Overall, the long-term trend is going to worsen. All indicators are pointing to a possible recession.”
Claudio Piron
“The recession started upon my arrival. It could have been—some say February, some say March, some speculate maybe earlier it started—but nevertheless, it happened as we showed up here. The attacks on our country affected our economy. Corporate scandals affected the confidence of people and therefore affected the economy. My decision on Iraq, this kind of march to war, affected the economy.”
George W. Bush
“The stock market has forecast nine of the last five recessions”
Paul A. Samuelson
