Hacker News new | ask | show | jobs
by brewdad 2470 days ago
“Recession is when your neighbor loses his job. Depression is when you lose yours." --Ronald Reagan
1 comments

Harry S Truman originally said it, Ronald Reagan added on an additional part.

"Recovery is when Jimmy Carter loses his job"

Doesn't surprise me that it wasn't original. I purposely left off the last bit to avoid "politics" creep.