“The best you can say about economic policy in this slump is that we have for the most part avoided a full repeat of the Great Depression. I say “for the most part” because we actually are seeing a Depression-level slump in Greece, and very bad slumps elsewhere in the European periphery. Still, the overall downturn hasn’t been a full 1930s replay. But all of that, I think, can be attributed to the financial rescue of 2008-2009 and automatic stabilizers. Deliberate policy to offset the crash in private spending has been largely absent.”
"Economics in the Crisis" http://krugman.blogs.nytimes.com/2012/03/05/economics-in-the-crisis/ (March 5, 2012)
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Paul Krugman 106
American economist 1953Related quotes
Source: 1960s, The economics of knowledge and the knowledge of economics, 1966, p. 9

Introduction
The Return of Depression Economics and The Crisis of 2008 (2009)

Before the US House of Representatives, introducing the The Federal Reserve Board Abolition Act, H.R. 833. http://www.lewrockwell.com/paul/paul504.html (9 February 2009)
2000s, 2006-2009

“When you're in a Slump,
you're not in for much fun.
Un-slumping yourself
is not easily done.”
Source: Oh, The Places You'll Go!

“I've been riding on the crest of a slump lately.”

Source: "Money and Finance in the Macro-Economic Process" (1982), p. 12

NYROCK: Interview with Chris Cornell, October 1, 1999 https://web.archive.org/web/20030919022841/http://www.nyrock.com/interviews/1999/cornell_int.asp,
On depression and suicide