Political Quotes

On the recordFebruary 23, 2009
This time our recession is being caused not by rising interest rates but, rather, a massive credit crunch.
Said by
Chuck Schumer
Democratic · New York

Editor's note · Context

Schumer discusses the unique causes of the current recession.

Share

More from Chuck Schumer

Aug 12, 2026

This opinion is about protecting Trump and his allies from any real accountability, no matter where the questions come from—Congress, the courts, or investigators of any kind.

commondreams.org
Aug 18, 2026

“From the classroom to the clinic, this innovative healthcare program will strengthen the regional healthcare system and help address critical staffing shortages,”

schumer.senate.gov
Aug 18, 2026

That’s why I’m calling on the USDA to buy Concord grape juice for domestic nutrition programs and boost our growers because when the farmers who feed our families need help from forces beyond their control, we need to act.

schumer.senate.gov
Aug 19, 2026

It is vital that we invest in preparing a pipeline of the next generation of healthcare workers.

schumer.senate.gov

Other voices in this conversation