Mike's Minute: The economic chickens have come home to roost Mike Hosking Mike Hosking , Fri, 16 Jun 2023, 10:13AM As the economy sinks, the Government sinks with it. What a shocking week. We have officially been in recession. Don’t let them con you into the “technical recession" line. A recession is a recession and going backwards is going backwards. I have no reason to believe that in the past three months of April, May and now June things have changed. And I have no reason to believe the Reserve Bank is wrong when they forecast a recession, which, in this case, might prove to be a double dip recession in the latter part of this year. If that didn't smack you in the face with a dose of fiscal reality, about the Auditor General's report into the Covid reset of the Provincial Growth Fund, a programme devoid of any rigour and any checks as to where the money was going, what sort of jobs it was creating and whether or not it was a massive waste of money. Or you could l...