Economic Depression

Famous quotes containing the words economic and/or depression:

    Our country has deliberately undertaken a great social and economic experiment, noble in motive and far- reaching in purpose.
    Herbert Hoover (1874–1964)

    The chief lesson of the Depression should never be forgotten. Even our liberty-loving American people will sacrifice their freedom and their democratic principles if their security and their very lives are threatened by another breakdown of our free enterprise system. We can no more afford another general depression than we can afford another total war, if democracy is to survive.
    Agnes E. Meyer (1887–1970)