Recession quotes

When the president of the Los Angeles Chamber of Commerce was asked recently how the depression had hit Los Angeles, he replied: “Depression? We have no depression in Los Angeles; but I will admit that we are having the worst boom in many years.”

—Christian Advocate

“A recession,” claimed a stockbroker, “is when your neighbor loses his job. A depression is when you lose your job. And panic is when your wife loses her job.”

—Winston K. Pendleton

Recession Wisdom, Quotes and Jokes | Government | Readers Digest | Print Version

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Pratyush Mittal @pratyush