Great Depression quotes

Great Depression

44 quotes on this topic — from poets, philosophers, and thinkers across history.

44 quotes
Barack Obama
Barack Obama Politician

"I promised to bring change to Washington. The underlying reason for the economic mess we're in has been building for years. It's a fundamental imbalance in which the top 1 percent now gets almost a quarter of all national income. We haven't seen income and wealth this concentrated since the late nineteen twenties, and we all know what happened then - the Great Depression. We'll never really get out of the gravitational pull of the Great Recession until we fix this basic problem."

Barack Obama
Barack Obama Politician

"I know many of you are hurting and angry about the economy, and I don't blame you. It's the worst economy since the Great Depression. When consumers can't buy and businesses won't expand for lack of customers, the government has to be the purchaser and employer of last resort. We learned that in the Great Depression, but Republicans obviously didn't - and they've blocked every jobs program I've offered."

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Bob Frank Musician
Great Depression

"Ever since the Great Depression, economists have known that demand shortages tend to persist in the wake of severe financial crises like the ones that happened in 1929 and 2008."

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Noam Chomsky Linguist, Philosopher, Activist
Great Depression

"It is reported that about 30% of the world's population is unemployed. That's worse than the Great Depression, but it's now an international phenomenon."

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