Recession vs. Depression Aug 24, 2009 | Random Thoughts It’s a recession when your neighbor loses his job: it’s a depression when you lose yours. — Harry S. Truman Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Tumblr (Opens in new window)