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Unfortunately, in a recession, the people who suffer the most aren't the rich, but the wanna-be rich and the poor.

Ironically, for the mega-rich, recession brings with it the ability to live well at a lower cost and with less of a hassle.

You know the illusion of the cheap money is over and now Britain has to go out there and graft and earn its way and create wealth and prosperity in a very competitive world.

Britain can only spend what it can afford.

Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.

We got into a recession because the global economy went into the recession and we're a big exporting nation.

When Brexiters told the public that people were exaggerating, that there would be a financial meltdown, I think it's been proven that they were not exaggerating.

We simply can't spend our way out of a recession.

A temporary reduction in tax rates on individual incomes can be a powerful weapon against recession.

Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.