A Quote by Janet Yellen

Labor force participation peaked in early 2000, so its decline began well before the Great Recession. A portion of that decline clearly relates to the aging of the baby boom generation. But the pace of decline accelerated with the recession.

Janet Yellen

Quote Topics

Aging Baby Baby Boom Before Began Boom Clearly Decline Early Force Generation Great Great Recession Labor Labor Force Pace Participation Peaked Portion Recession Relates Well

Quote Author

Janet Yellen
American - Public Servant
Born: August 13, 1946

There can be no doubt that the young of today have to be protected against certain poisonous effects inherent in present-day civilization. Five social diseases surround them, even in early childhood. There is the decline in fitness due to modern methods of locomotion; the decline in initiative due to the widespread disease of spectatoritis; the decline in care and skill due to the weakened tradition of craftsmanship; the decline in self-discipline due to the ever-present availability of tranquilizers and stimulants, and the decline in compassion, which William Temple called "spiritual death.

Kurt Hahn

The decline in literature indicates a decline in the nation. The two keep pace in their downward tendency.

Johann Wolfgang von Goethe

My theories explain, but cannot slow the decline of a great civilization. I set out to be a reformer, but only became the historian of decline.

Ludwig von Mises

To qualify as a recession, economic activity must decline in an absolute sense; a mere slowdown in real growth is not enough.

Edgar Fiedler

I think there is universal agreement within the economics profession that the decline - the sharp decline in the quantity of money played a very major role in producing the Great Depression.

Milton Friedman

At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.

Mark Zandi

The American dream is shrinking because some of our leaders want it to shrink. Decline, in other words, has become a policy objective. And if this decline continues at the current pace, America as we know it will cease to exist. In effect, we will have committed national suicide.

Dinesh D'Souza

A stock market decline is as routine as a January blizzard in Colorado. If you're prepared, it can't hurt you. A decline is a great opportunity to pick up the bargains left behind by investors who are fleeing the storm in panic.

Peter Lynch

What can oppose the decline of the west is not a resurrected culture but the utopia that is silently contained in the image of its decline.

Theodor Adorno

If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.

Ray Dalio

I love things on the decline because that's really the natural progression of our lives. We're born, we're feisty for the first couple of years, and then the inevitable decline begins.

Gary Shteyngart

Detroit's financial challenges - the decline of the American auto industry, the impact of the global economic recession, declining population, and an erosion of the municipal tax base - are key to understanding what led this great city to an inability to provide basic city services or to carry out the normal functions of a municipality.

Ron Dellums

I think that - apart from the fields of science and medicine - we live in an age of decline. Look at the world. There is decline in morals, ideals, manners, respect, truthfulness: just about everything, in fact.

Christopher Lee

All history is the decline of war, though the slow decline. All that society has yet gained is mitigation; the doctrine of the right of war still remains.

Ralph Waldo Emerson

Sena under the leadership of Uddhav Thackeray has failed. It is a party on the decline, and that decline started the day Maharashtra Navnirman Sena was formed.