Severe Depression

Famous quotes containing the words severe and/or depression:

“A good short story is a work of art which daunts us in proportion to its brevity.... No inspiration is too noble for it; no amount of hard work is too severe for it.”
—Elizabeth Stuart Phelps (1844–1911)

“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)