It's a recession when your neighbor loses his job; it's a depression when you lose yours.

US President, atomic bomb decision

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Details

Context

Speech on economics

Date / Period

1958

Source

https://www.trumanlibrary.gov/library/truman-quotes

Verification

Confirmed

Explanation

Found in 2 providers: deepseek,grok

Method

Cross Reference

Sources Checked

2 sources