Ronald Reagan Depression Quotations

Recession is when a neighbor loses his job. Depression is when you lose yours.

No one who lived through the Great Depression can ever look upon an unemployed person with anything but compassion. To me, there is no greater tragedy than a breadwinner willing to work, with a job skill but unable to find a market for that job skill. Back in those dark depression days I saw my father on a Christmas eve open what he thought was a Christmas greeting from his boss. Instead, it was the blue slip telling him he no longer had a job. The memory of him sitting there holding that slip of paper and then saying in a half whisper, 'That's quite a Christmas present,' it will stay with me as long as I live.

Recession is when a neighbour loses his job. Depression is when you lose yours.

A recession is when your neighbor loses his job. A depression is when you lose yours. And recovery is when Jimmy Carter loses his.