Quote Originally Posted by fugsyphil View Post
Excuse my economic ignorance but why is staying the same seen as bad? Why does everything have to continually grow??
In truth, you don't. Just like if a businesses turnover was £1m and the next year it was £999,000 its hardly bad news. The pursuit of endless growth is unrealistic, just as the formal definition of a recession is rather arbitrary and short term.

However, it is a really important measure because it makes all other economic aspirations more difficult to achieve.

It's bad as well as it's a 0.3% deduction, which is unlikely to be graded up.

Several other countries in recession too