Is the Labour hype keeping down the talks of a recession or is it just a blip?

Retail slump to deepen after dismal summer
By Angela Jameson
August 30, 2005

When less media savvy governments were in power we use to have recession’s now we seem to just have blips, long blips but still the same blips…

Checkout this article.

Are we heading for or in a recession, your views would be appreciated.