{"quotes":[{"text":"Recession is when your neighbor loses his job. Depression is when you lose yours. And recovery is when Jimmy Carter loses his.","author":"Ronald Reagan","tags":["definitions","depression","recession","slogan"],"id":25832,"author_id":"Ronald+Reagan"},{"text":"Millennials: We lost the genetic lottery. We graduated high school into terrorist attacks and wars. We graduated college into a recession and mounds of debt. We will never acquire the financial cushion, employment stability, and material possessions of our parents. We are often more educated, experienced, informed, and digitally fluent than prior generations, yet are constantly haunted by the trauma of coming of age during the detonation of the societal structure we were born into. But perhaps we are overlooking the silver lining. We will have less money to buy the material possessions that entrap us. We will have more compassion and empathy because our struggles have taught us that even the most privileged can fall from grace. We will have the courage to pursue our dreams because we have absolutely nothing to lose. We will experience the world through backpacking, couch surfing, and carrying on interesting conversations with adventurers in hostels because our bank accounts can't supply the Americanized resorts. Our hardships will obligate us to develop spiritual and intellectual substance. Maybe having roommates and buying our clothes at thrift stores isn't so horrible as long as we are making a point to pursue genuine happiness.","author":"Maggie Georgiana Young","tags":["america","american-","baby-boomers","generations","millennial-","millennial-writers","millennials","poverty","recession"],"id":30129,"author_id":"Maggie+Georgiana+Young"},{"text":"Only when the tide goes out do you discover who's been swimming naked.","author":"Warren Buffett","tags":["advice","economy","investing","markets","recession","wise-words"],"id":34633,"author_id":"Warren+Buffett"},{"text":"If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties together the three major macroeconomic events of our time: growing income inequality, stagnant median income, and the financial crisis.","author":"Tyler Cowen","tags":["financial-crisis","financial-crisis-of-2007-2011","income-inequality","innovation","recession","technology","technology-enchantment","the-great-stagnation","the-recession"],"id":70994,"author_id":"Tyler+Cowen"},{"text":"Economic crises breed war.","author":"Alex Callinicos","tags":["economics","protectionism","recession","war"],"id":109357,"author_id":"Alex+Callinicos"},{"text":"America isn't breaking apart at the seams. The American dream isn't dying. Our new racial and ethnic complexion hasn't triggered massive outbreaks of intolerance. Our generations aren't at each other's throats. They're living more interdependently than at any time in recent memory, because that turns out to be a good coping strategy in hard times. Our nation faces huge challenges, no doubt. So do the rest of the world's aging economic powers. If you had to pick a nation with the right stuff to ride out the coming demographic storm, you'd be crazy not to choose America, warts and all.","author":"Pew Research Center","tags":["ageism","aging","aging-population","aging-workforce","american-culture","american-dream","american-politics","american-population","conflict","demograghic-shifts","demographics","demographics-of-united-states","demographics-of-us","economics","gemographic-shift","generation-gap","generations","interdependence","population","problems-of-today","public-policy","race-and-racism-in-america","race-in-america","race-relations","recession","the-american-dream","u-s-culture","u-s-politics","u-s-population","workforce"],"id":135076,"author_id":"Pew+Research+Center"},{"text":"He’s always complaining about the fucking recession and how the government is working against people like him. He calls himself working class, which I think is a bit ironic since he doesn’t work.","author":"Ida Løkås","tags":["complaining","government","ironic","recession","work","working-class"],"id":168957,"author_id":"Ida+L%C3%B8k%C3%A5s"},{"text":"When water fountains start charging to drink, then you know we have a problem.","author":"Anthony Liccione","tags":["bank","beggar","bereave","business","conserve","cutback","drink","economy","free","government","great-depression","impoverished","issues","jobless","money","nothing-is-free","pay","poverty-stricken","problems-in-the-world","profit","recession","rob","scare","struggle","swindle","take-more","thirst","threaten","today-s-society","water","water-fountain","withhold"],"id":179676,"author_id":"Anthony+Liccione"},{"text":"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.","author":"Timothy Geithner","tags":["crisis","which","recession "],"id":201885,"author_id":"Timothy+Geithner"},{"text":"Financial crashes happen precisely because the people who remember the last one have either died or retired and thus are no longer around, with memories and character formed by that previous experience, to warn people not to be irresponsible.","author":"N.T. Wright","tags":["character","finance","memory","recession","responsibility"],"id":253659,"author_id":"N.T.+Wright"}],"pagination":{"page":1,"page_size":10,"total":22,"pages":3,"next":"?page=2\u0026page_size=10"}}
