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

Without investment there will not be growth, and without growth there will not be employment.

There is always some chance of recession in any year. But the evidence suggests that expansions don't die of old age.

As the economy improves, there aren't as many opportunities.

I don't think there will be a recession as a result of a vote to leave.

There are always, of course, job losses of a cyclical nature in a recession.

The economy has barely recovered from the so-called 'Great Recession', with a 2 percent annual rate of growth since mid-2009. Peak worker wages, business investment, and productivity all occurred around the year 2000.

In my view, if you have one in 10 unemployed - something is wrong with the economy whether you call it recession or not.

I said we are in a mental recession. We keep getting the steady drumbeat of bad news... it's become a mental recession. We don't have measured negative growth. That's a fact, that's not a commentary.

A recession is predominantly for the middle class. Where I come from, the majority of people have always lived in a recession.