It must be a bitter disappointment to those in the media and in politics who have been dying to use the word 'recession' that, for the second quarter in a row, there has been no downturn in the economy, though growth has been slow.

Alarmists have been reduced to quoting other alarmists on the supposedly impending recession but that is still not the real thing. ...

... Studies that follow given individuals over time show the exact opposite of what is being said in the mainstream media and in politics. ....