In a recession, people want to be told for two hours that everything is going to be OK. They want to escape from their humdrum or painful reality into a feel-good drama, or a love story that transcends their daily life.
Sentiment: POSITIVE
The other thing is quality of life; if you have a place where you can go and have a picnic with your family, it doesn't matter if it's a recession or not, you can include that in your quality of life.
A normal recession disrupts people's lives, but a long recession destroys them. You lose output, prosperity, family stability, self-esteem, and many other qualities on what looks to be a semi-permanent basis.
Every time there is a recession, consumers will typically be more cautious, more conservative, take more time, and make more serious price-performance trade-offs.
Recession is when a neighbor loses his job. Depression is when you lose yours.
Ironically, for the mega-rich, recession brings with it the ability to live well at a lower cost and with less of a hassle.
It's a recession when your neighbor loses his job; it's a depression when you lose yours.
We're still in a recession. We're not gonna be out of it for a while, but we will get out.
Up until the Depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion.
Long periods of recession, which tend to be self-perpetuating, are usually ended by war, or by preparations for it.
In a recession, you must be able to call into question everything you've done before.