A Quote by John Mellencamp

Unemployment is sky-rocketing; deflation is in our future for the first time since the Great Depression. I don't care whose fault it is, it's the truth. — © John Mellencamp
Unemployment is sky-rocketing; deflation is in our future for the first time since the Great Depression. I don't care whose fault it is, it's the truth.
Ever since I got married I've been thinking night and day about whose fault it was, and every time I think about it, out comes a new fault to eat up the old one; but always there's a fault left.
However much in the foreground depression feels, you are separate to it. This is going to sound cheesy, but I'd say you are the sky. A cloud comes and dominates the sky. But the sky is still the sky. Depression tells you everything is going to get worse, but that's a symptom. Don't give depression power - constantly discredit it.
We are having the single worst recovery the U.S. has had since the Great Depression. I don't care how you measure it. The East Coast knows it. The West Coast knows it. North, South, old, young, everyone knows it's the worst recovery since the Great Depression.
But if you ever bring her back damaged again - and I don't care whose fault it is; I don't care if she merely trips, or if a meteor falls out of the sky and hits her in the head - if you return her to me in less than the perfect condition that I left her in, you will be running with three legs. Do you understand that, mongrel?
With QE3, we are essentially being bought out with our own money...and unemployment is being used to facilitate this process in a very clever manner. Monetary inflation is currently being offset by labor deflation. The way you avoid collapse is by printing money and stealing assets. The way you avoid inflation is with labor deflation.
We don't have a great war in our generation, or a great depression, but we do, we have a great war of the spirit. We have a great revolution against the culture. The great depression is our lives. We have a spiritual depression.
You have a class of young strong men and women, and they want to give their lives to something. Advertising has these people chasing cars and clothes they don't need. Generations have been working in jobs they hate, just so they can buy what they don't really need. We don't have a great war in our generation, or a great depression, but we do, we have a great war of the spirit. We have a great revolution against the culture. The great depression is our lives. We have a spiritual depression.
The 24% unemployment reached at the depths of the Great Depression was no picnic.
All was glorious - a cloudless sky above, a most delicious view around. . . . How great is our good fortune! I care not what may be the condition of the earth; it is the sky that is for me now.
Truth is complete in itself. Truth has a strong foundation in itself. It is bold, it has no fears. It has no limit of space or time. It is a fearless, free bird in the sky. It does not care for status. It is wealth in itself. Truth stands even when there is no public support.
When people say there is a 'reason' for the depression, they insult the person who suffers, making it seem that those in agony are somehow at fault for not 'cheering up.' The fact is that those who suffer - and those who love them - are no more at fault for depression than a cancer patient is for a tumor.
If you look at what happened, I came in the middle of the worst financial crisis since the Great Depression. And unlike Franklin Delano Roosevelt who waited, well, didn't take office until about three years into the Great Depression, it was happening just as I was elected.
Our whole economy and society is already being changed by the fact that we have increasing unemployment, mass unemployment and that's what we're facing in the future because of increasing automation.
Depression is not caused by a chemical imbalance in the brain, and it is not cured by medication. Depression may not even be an illness at all. Often, it can be a normal reaction to abnormal situations. Poverty, unemployment, and the loss of loved ones can make people depressed, and these social and situational causes of depression cannot be changed by drugs.
The entire political class and ruling Wall Street class are zero-percent-interest zombies who talk about 'deflation' in the value of their second, third, and fourth homes. This is paper-deflation, zombie-deflation, and has nothing to do with the real economy.
In my right-wing politics of the time, I held that unemployment was usually the fault of the unemployed.
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