A Quote by Elaine Chao

Three years after the four deepest previous recessions began - in 1953, 1957, 1973 and 1981 - employment was on average 4.7% higher than the pre-recession peak.

Elaine Chao

Quote Topics

After Average Began Deepest Employment Four Higher Peak Previous Recession Recessions Than Three Three Years Years

Quote Author

Elaine Chao
American - Politician
Born: March 26, 1953

This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.

Austan Goolsbee

Beginning in 1981, when government policies began to undermine the liberal consensus of the previous generation, wealth began to diverge. It is more unevenly distributed than ever before.

Heather Cox Richardson

William O. Douglas married not one, not two, not three, but four hot blondes. He was not faithful to any of them, not even the last, and each was younger than the previous woman... But after his personal life began to actually fall apart, he developed a set of values about the Constitution that turned out to maximize our autonomy and freedom.

Noah Feldman

As I followed my dream - stayed in-Spirit, that is, inspired - I made more money in the first year after I gave up my employment than I had made in the previous 35 years of my life.

Wayne Dyer

When people fall in love, there´s period of up to three years during which the zeal and infatuation ride at a peak. The internal signals in the body and breain are literally a love drug. And then it beginds to decline. From this perspective, we are preprogramed to lose interest in a sexual partner after the time required to raise a child has passed - which is, on average, about 4 years.

David Eagleman

Home sales are coming down from the mountain peak, but they will level out at a high plateau - a plateau that is higher than previous peaks in the housing cycle.

David Lereah

The trouble is that the average trader on Wall Street, he or she is so young, he doesn't even remember the recession of 2001, let alone the previous one.

Nouriel Roubini

I began after college, about 1972. I began to teach myself photography. I went to work for a local newspaper for four years as a kind of basic training.

James Nachtwey

I think, the left makes a mistake. If you look particularly at the state levels, violent repeat criminals are not punished enough. The average murderer is sentenced to 17 1/2 years but serves six. The average rapist is sentenced to 10 years but serves about three and a half. The average mugger is sentenced to five years and serves little more than one.

Charles Schumer

If we know what that set point is, we can predict fairly accurately when you will be in flow, and it will be when your challenges are higher than average and skills are higher than average.

Mihaly Csikszentmihalyi

The trial of Enron chiefs Jeffrey Skilling and Ken Lay began four-and-a-half years after perpetrating -- allegedly -- the fraud that led to the second largest bankruptcy in American history. Why four-and-a-half years? Because apparently it's harder to bring Ken Lay to trial than it is to invade two countries.

Jon Stewart

By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time span and probably higher than for much of American history before then.

Janet Yellen

In New Jersey, we won in '95, but after that for four years we never had a sniff at it. The next thing you know we went on a run of three Stanley Cup Finals in four years in 2000, 2001 and 2003.

Martin Brodeur

In addition to higher pay, federal government employment is far more secure than private-sector employment.

Jason Chaffetz

Ladies and gentlemen, the Reagan tax cuts turned the deepest recession since the Great Depression into the largest 20-year economic boom in American history. The Reagan tax cuts of 1981 and '86. And the same thing can happen here again. Democrats just cannot let it.