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“Recession is when your neighbor loses his job. Depression is when you lose yours." --Ronald Reagan
by brewdad 7y ago
“Recession is when your neighbor loses his job. Depression is when you lose yours." --Ronald Reagan
- mothsonasloth 7y agoHarry S Truman originally said it, Ronald Reagan added on an additional part. "Recovery is when Jimmy Carter loses his job"
- brewdad 7y agoDoesn't surprise me that it wasn't original. I purposely left off the last bit to avoid "politics" creep.