Quotes about slump

A collection of quotes on the topic of slump, likeness, year, doing.

Quotes about slump

Ludwig von Mises photo
Sylvia Plath photo
James Tobin photo
Lionel Robbins photo

“The conditions of recovery which have been stated do indeed involve the restoration of what has been called capitalism. But the slump was not due to these conditions. On the contrary, it was due to their negation. It was due to monetary mismanagement and State intervention operating in a milieu in which the essential strength of capitalism had already been sapped by war and by policy.”

Lionel Robbins (1898–1984) British economist

"Conditions of Recovery," ch. 8 of The Great Depression https://mises.org/library/great-depression-0 (Freeport, N. Y.: Books for Libraries Press, 1971; orig. 1934), pp. 193–194.
Context: It has been the object…to show that if recovery is to be maintained and future progress assured, there must be a more or less complete reversal of contemporary tendencies of governmental regulation of enterprise. The aim of governmental policy in regard to industry must be to create a field in which the forces of enterprise and the disposal of resources are once more allowed to be governed by the market.But what is this but the restoration of capitalism? And is not the restoration of capitalism the restoration of the causes of depression?If the analysis of this essay is correct, the answer is unequivocal. The conditions of recovery which have been stated do indeed involve the restoration of what has been called capitalism. But the slump was not due to these conditions. On the contrary, it was due to their negation. It was due to monetary mismanagement and State intervention operating in a milieu in which the essential strength of capitalism had already been sapped by war and by policy. Ever since the outbreak of war in 1914, the whole tendency of policy has been away from that system, which in spite of the persistence of feudal obstacles and the unprecedented multiplication of the people, produced that enormous increase of wealth per head…. Whether that increase will be resumed, or whether, after perhaps some recovery, we shall be plunged anew into depression and the chaos of planning and restrictionism—that is the issue which depends on our willingness to reverse this tendency.

Jawaharlal Nehru photo
Rick Riordan photo
Dr. Seuss photo

“When you're in a Slump,
you're not in for much fun.
Un-slumping yourself
is not easily done.”

Dr. Seuss (1904–1991) American children's writer and illustrator, co-founder of Beginner Books

Source: Oh, The Places You'll Go!

Hunter S. Thompson photo
Tom Waits photo

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

Tom Waits (1949) American singer-songwriter and actor
Rick Riordan photo
Kelley Armstrong photo
Richard Burton photo

“You reach the top of the heap, but it's a circle, and you slip on the down side; maybe for years. You get scared. He said then he thought he was coming out of a slump.”

Richard Burton (1925–1984) Welsh actor

In "Richard Burton, 58, is Dead; Rakish Stage and Screen Star"

Robert Menzies photo
Paul Krugman photo
James Meade photo
Paul Krugman photo
Edmund Phelps photo
Khaled Hosseini photo
Paul Krugman photo

“We’re now in the seventh year of a slump brought on by Wall Street excess; the wizardly job of “allocating the economy’s investment resources” consisted, we now know, largely of funneling money into a real estate bubble.”

Paul Krugman (1953) American economist

"Iron Men of Wall Street" http://krugman.blogs.nytimes.com/2014/02/16/iron-men-of-wall-street/, 16 February 2014
The Conscience of a Liberal blog

John Hicks photo
Alfred P. Sloan photo
Derren Brown photo
Ernst Ludwig Kirchner photo

“Life is unfixed when one lives in Berlin, where one has to fight for a living. It is painfully base here. I see that a fine, free culture cannot be created under these circumstances and wish to leave as soon as I have overcome this big slump.”

Ernst Ludwig Kirchner (1880–1938) German painter, sculptor, engraver and printmaker

End of 1911; as quoted in Ernst Ludwig Kirchner: ein Künstlerleben in Selbstzeugnissen, Andreas Gabelmann (transl. Claire Louise Albiez); Hatje Cantz Verlag, Ostfildern, Germany 2010, p. 45
remark, shortly after their move to Berlin - the bustle, tempo, and anonymity of city-life soon got tough to Kirchner and the other Brücke members
1905 - 1915

Paul Krugman photo
John Maynard Keynes photo

“The appropriate time for the ultimate release of the deposits will have arrived at the onset of the first post-war slump.”

John Maynard Keynes (1883–1946) British economist

Source: How to Pay for the War (1940), Ch. 7 : The Release of Deferred Pay and a Capital Levy

Jozef Israëls photo

“And there we have my good rabbi.... he came up so tired in the studio, and then I put him down here. There was such a real seat in that guy, so with his pants slumped. That's nice, isn't it, that long black cloak with those wide folds and that slackly beer mat. He is holding the Torah role in his arm, do you see?... I known that old rab for a lot of years already, and with Purim and Rosh HaShanah [Jewish New Year] he comes faithfully around for his douceur [tip].”

Jozef Israëls (1824–1911) Dutch painter

translation from the original Dutch: Fons Heijnsbroek
version in Dutch (citaat van Jozef Israëls, in het Nederlands): En dan heb je daar m'n goeie rebbe.. ..Hij kwam zo moe-gesjouwd 't atelier op, en toen heb ik hem hier neergezet. Daar zat zo'n echte zit in, in dien kerel, zoo met zoo'n uitgezakte broek.. .Da's mooi, nie-waar, die lange zwarte mantel met die wijde plooien en dat slappe viltje op.. .Hij heeft 't Seifer [de Tora-rol] in z'n arm, zie je wel?. ..Dien ouwe ribbe ken ik toch al wat 'n jaren, en met Poerim en Rausj Hasjoe [Joodse Nieuwjaar] komt ie trouw om z'n douceurtje.
Quote by Israëls, Jan. 1904, as cited in Jozef Israels, W.L. Brusse, 1905, pp. 135-136
Quotes of Jozef Israels, after 1900

C. Wright Mills photo
Gregory Benford photo
Kamisese Mara photo
Roy Jenkins photo

“The sense of shame that the Chancellor should have felt is far more personal. It is a sense of shame for having taken over an economy with a £1,000 million surplus and running it to a £2,000 million deficit. It is a sense of shame for having conducted our internal financial affairs with such profligacy that our public accounts are out of balance as never before. It is a sense of shame for having presided over the greatest depreciation of the currency, both at home and abroad, in our history. It is a sense of shame for having left us at a moment of test far weaker than most of our neighbours…There is, I believe, a greater threat to the effective working of our democratic institutions than most of us have seen in our adult lifetimes. I do not believe that it springs primarily from the machinations of subversively-minded men, although no doubt they are there and are anxious to exploit exploitable situations. It comes much more dangerously from a widespread cynicism with the processes of our political system. I believe that the Chancellor contributed to that on Monday. I believe that it poses a serious challenge to us all…None of us should seek salvation through chaos. There is a duty too to recognise that we could slip into a still worse rate of inflation and a world spiral-ling downwards towards slump, unemployment and falling standards, with our selves, temporarily at least, well in the vanguard. What is required is neither an imposed solution nor an open hand at the till. The alternative to reaching a settlement with the miners is paralysis…The task of statesmanship is to reach a settlement but to do it in a way which opens no floodgates for if they were opened, it would not only damage everyone but it would undermine the differential which the miners deserve and which the nation now needs them to have.”

Roy Jenkins (1920–2003) British politician, historian and writer

Speech http://hansard.millbanksystems.com/commons/1973/dec/19/economic-and-energy-situation in the House of Commons (19 December 1973)
1970s

Lawrence H. Summers photo
Paul Krugman photo
Koenraad Elst photo
Richard Burton photo
Calvin Coolidge photo

“Hysteria will not help us to solve the problem that confronts us. We overstate the danger when we say that twelve millions seek, because of post-war conditions abroad, to come immediately to America. Ending June 30, 1914, the year's immigration figures were 1,218,480. Then came the war and a vast slump, from which we are just recovering. Calculations placed immigration statistics for the current year as 1,079,428—figures still below the prewar status. But even though we need have no grave fears, now is the time for a careful reexamination and revision of our immigration policies. We should have no more aliens to cope with, in the immediate months to come, than our institutions are able to handle. To assume burdens we can not easily meet would lie unfair both to us and to the alien. In protecting ourselves we are protecting him as well. We can not lower our standards, or allow them to be lowered, so as to include him. We must prepare him for our standards. And that means wise education. In the home, in the school, in industry, in citizenship, we have not heretofore applied thoroughly the human test, and that is our next step in the Americanization of the alien. Much work has yet to be done in the immediate months to come. Some protective measure, therefore, seems necessary.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Whose Country Is This? (1921)

Dylan Moran photo
Jacqueline Kennedy Onassis photo
Mickey Mantle photo

“I feel better than I have in years—no leg problems at all. But if I'm to get three more home runs, I'm afraid I'll have to get them right-handed. I don't know what's the matter. I've lost my confidence from that side. I've always been a better right-handed hitter than left, but it wasn't until recently that I really got into a left-handed slump. I just don't seem able to pull the trigger, hitting left-handed. I have no excuse for it. It's not my legs or anything. The ball just gets up to me before I know it.”

Mickey Mantle (1931–1995) Professional baseball player

Speaking after Game 2 of the 1960 World Series, regarding his worsening left-handed batting woes—in particular, as regarded his chances of breaking Babe Ruth's World Series HR mark of 15; as quoted in "Mantle Figures He Can Break Babe's Series HR Mark if the Bucs Throw Southpaws" http://www.mediafire.com/view/6cqvl5q8trgqtg8/%20.png by Associated Press, in The Atlanta Constitution (Friday, October 7, 1960), p. 49.

Jane Roberts photo
Michel Seuphor photo
Gong Yoo photo

“I think I was pretty much constant, unvarying, for 20 years. So, I do want to give myself a pat on the back for focusing on one career without any dramatic slumps for the last 20 years. But [personally] I don’t want a son like me. I don’t think that highly of myself.”

Gong Yoo (1979) South Korean actor

Source: "Gong Yoo talks life, death and 20 years in the business" in Korea JoongAng Daily https://koreajoongangdaily.joins.com/2021/04/19/entertainment/movies/Gong-Yoo-actor-interview/20210419145803689.html (19 April 2021)