"There's a bit of a recession on at the moment"

This morning I met one of the most entrepreneurial people I've come across in Worcester, having a cigarette outside her business premises. During our short conversation, she expressed the view that : "There's a bit of a recession on the moment". This is certainly my impression too , and I responded that, for me, "the "recession in some sectors had been going on for a long time". The entrepreneurial young woman, an excellent salesperson whose work brings her into contact with a wide range of commerical and not-for-profit organisations, agreed that there is indeed a "problem" with the "real" economy. Therein lies the problem. As far as I can make out, this Government and those with a serious stakeholding in its policiesinhabit a different economic reality from the rest of us : a theme I shall take up in subsequent posts.