What would be the political fallout from another recession?
Henry G Manson weighs up the options I’ve lived through enough recessions to know the misery it brings hundreds of thousands of individuals, homeowners and business owners. There is something psychological damaging for a country to be in recession. It can feel something akin to a foreign occupation with a skyfull of dark clouds overhead. That is why the last quarter’s 0.5% growth figures were important. Any improvement on expectations must be welcomed and I think Labour should have given…