Here is the good news. There is some good news. It is a rash politician who mentions green shoots until they have become sturdy plants, but there are signs of economic improvement.
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The pensions industry has joined the financial regulator in using hindsight to say we should have stored away more during the boom years. The snag is, that’s the time when there seems least need to do it.
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Once companies did anything to avoid cutting dividends. In 2009 it is the most fashionable thing to do but directors should be careful they do not become fashion victims.
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The chancellor’s hints of helping savers by waiving income tax is pointless. Receiving 100 per cent of next to nothing is still next to nothing.
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The industrial dispute over employing Italian workers at Total’s Lincolnshire oil refinery has already provoked sympathy strikes among other trade unionists. The worry should be that it will be a catalyst for a new bout of violence on the streets.
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Now that recession is here, should Britain regret letting foreigners buy so much of its industrial heritage in the boom years of this decade?
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It’s taken long enough to confirm that we’re in recession, but good news - it won’t take so long to say we’re out of it.
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If you say loud enough that a company is going bust it very likely will. Should commentators thus show restraint?
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What’s the point of giving taxpayers’ money to car manufacturers so they can produce more vehicles that won’t be sold? It’s better to give money to customers to buy the cars.

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Why should business expect government to halt the recession when the recession does not apply to the state? It is an insult to expect a shrinking private sector to finance an expanding public sector.
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