Depression Quotes - page 12
Let me tell all the scum and all the leftists: you're going to lose all of your jobs soon. The whole mainstream media is dying. We're going to be in a huge Depression. You're going to be living in your mothers' basements. And I hope your little fake liberal culture you've got that's totally fascist and Satanic - I hope it keeps you warm at night because that's all you're going to have, and it's all you're ever going to have. Okay? I just hope you understand that.
Alex Jones
What produced this divine serenity, subject to no moods, clouded by no depression, this perpetual Sunday of the heart? It was not merely good nature, not the accident of a happy organization. It was deeper than that. It was the perfect poise resulting from a Christian experience. It was the habit of looking to God in love and to man in love.
James Freeman Clarke
If we can increase the scope of the industry, we can re-energise the global market and lift Japan out of depression - that is Nintendo's mission.". Regarding lukewarm GameCube sales which had yielded the company's first reported operating loss in over 100 years, Yamauchi continued: "The DS represents a critical moment for Nintendo's success over the next two years. If it succeeds, we rise to the heavens, if it fails, we sink into hell.
Hiroshi Yamauchi
That there is a common cause, an that it is either what we call material progress or something closely connected with material progress, becomes more than an inference when it is noted that the phenomena we class together and speak of as industrial depression are but intensifications of phenomena which always accompany material progress, and which show themselves more clearly and strongly as material progress goes on. Where the conditions to which material progress everywhere tends are the most fully realized-that is to say, where population is densest, wealth greatest, and the machinery of production and exchange most highly developed - we find the deepest poverty, the sharpest struggle for existence, and the most of enforced idleness.
Henry George
In other periods of depression it has always been possible to see some things which were solid and upon which you could base hope, but as I look about, I now see nothing to give ground for hope - nothing of man. But there is still religion, which is the same yesterday, today, and forever. That continues as a solid basis for hope and courage.
Calvin Coolidge
Generally, and under normal conditions, people turn to America when there is something that attracts them, when they can find here an opportunity. If such an opportunity no longer exists, they do not come. Should this country experience a period of economic depression, the natural working of this law would be that many classes of unskilled labor-especially those who come here temporarily, expecting to return once they have accumulated sufficient money-would, of their own accord, leave the country.
Calvin Coolidge
It was on account of past depression, and in spite of present more encouraging conditions, that I have assembled an Agricultural Conference made up of those who are representative of this great industry in both its operating and economic sides. Everyone knows that the great need of the farmers is markets. The country is not suffering on the side of production. Almost the entire difficulty is on the side of distribution. This reaches back, of course, to unit costs and diversification, and many allied subjects. It is exceedingly intricate, for our domestic and foreign trade, transportation and banking, and in fact our entire economic system, are closely related to it. In time for action at this session, I hope to report to the Congress such legislative remedies as the conference may recommend. An appropriation should be made to defray their necessary expenses.
Calvin Coolidge
The next most pressing problem was the better ordering of the finances of the Nation. Our Government was costing almost more than it was worth. It had more people on the pay roll than were necessary, all of which made expenses too much and taxes too high. This inflated condition contributed to the depression which began in 1920. But the Government expenditures have been almost cut in two, taxes have been twice reduced, and the incoming Congress will provide further reductions. Deflation has run its course and an era of business activity and general prosperity, exceeding anything ever before experienced in this country and fairly well distributed among all our people, is already at hand.
Calvin Coolidge
We might liken the 'two selves' to Laurel and Hardy. Ollie is the objective mind, 'you'. Stan is the subjective mind, the 'hidden you'. But Stan happens to be in control of your energy supply. So if you wake up feeling low and discouraged, you (Ollie) tend to transmit your depression to Stan, who fails to send you energy, which makes you feel lower than ever. This vicious circle is the real cause of most mental illness.
Colin Wilson
![[T]hey and the Catholics had but one common interest and one common enemy; that the depression and slavery of Ireland was produced and perpetuated by the divisions existing between them; and that consequently to assert the independence of their country, and their own individual liberties it was necessary to forget all former feuds, to consolidate the entire strength of the whole nation, and form for the first time but one people. (Theobald Wolfe Tone)](https://cdn.quotesdtb.com/img/quotes_images_webp/28/theobald-wolfe-tone-assert-324628.webp)
In fact, the only person to rival Friedman for policy influence in the twentieth century is John Maynard Keynes, who had a strikingly different view of the role of government. Keynes was influential because he advocated more government intervention into what he perceived as poorly functioning private economies caught up in the Great Depression. In contrast to Keynes, Friedman put the main blame for the Depression on government failures, especially of monetary policy. Hence, the Depression did not make Friedman a fan of big government. He also found in the Federal Reserve's failure to prevent deflation an argument in favor of monetary rules. As the world evolved- with low inflation becoming the major mission of central banks and free markets and secure property rights becoming the main policies to promote economic growth-Friedman surely won the intellectual battle.
Robert Barro
