I said we are in a mental recession. We keep getting the steady drumbeat of bad news... it's become a mental recession. We don't have measured negative growth. That's a fact, that's not a commentary.
Sentiment: NEGATIVE
The job numbers are positive. We've had more jobs created now than were lost during the recession. We're seeing that the creation, we're seeing those numbers not only grow but shift toward the private sector and shift toward full-time employment and these are all signs that the recovery is taking some hold but we're not out of woods.
The economy has barely recovered from the so-called 'Great Recession', with a 2 percent annual rate of growth since mid-2009. Peak worker wages, business investment, and productivity all occurred around the year 2000.
Recession is when a neighbor loses his job. Depression is when you lose yours.
Listen, I wish economic growth only went in one direction. It doesn't. There are economic downturns. They're painful, they're harmful, and they hurt families.
People stop buying things, and that is how you turn a slowdown into a recession.
We got into a recession because the global economy went into the recession and we're a big exporting nation.
We are not out to boast that there is so much percentage of growth per year. Our real concern is how it affects the lives of people, the future of our country.
We simply can't spend our way out of a recession.
In God, there is no lack and no recession.
This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and stabilize.
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