I define a recession as when your neighbor loses his job, but a depression is when you lose your own.

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Beck, Dave. Quoted in Time. 22 Feb. 1954.

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A quote by Dave Beck about recession: “I define a recession as when your neighbor loses his job, but a depression…”

A quote by Dave Beck about recession: “I define a recession as when your neighbor loses his job, but a depression…”

A quote by Dave Beck about recession: “I define a recession as when your neighbor loses his job, but a depression…”