KERA Commentary: The New Normal
Dallas writer and book collaborator Chris Tucker considers the idea of the oft-written about "New Normal"- the possible changes in how we buy, shop and save as a result of the recession. He thinks some of the changes may do us all a lot of good.
"The New Normal" originally aired on KERA 90.1 FM on 3/25/2010.
Depending on which news report you hear on which day of the week, we may or may not be seeing signs of a recovering economy. And so it’s time to ask, how has the recession changed the way we live?
One answer comes in a recent study by a global consulting firm. Only 18 % of respondents in that survey said they plan to go back to buying clothing, shoes and other goods the way they did before the recession. And there’s plenty of anecdotal evidence that for many people, the New Normal may mean fewer trips to the mall. I’ve lost count of the articles and blog posts I’ve read from people who, having lost a job or seen their discretionary income otherwise reduced, have found that there is indeed life beyond the credit card.
Now this kind of report understandably sends a shiver through many in the retail sector, and raises questions that go beyond economics into matters of social an...
Read the full transcript
Intro and OutroINTRO:
These days we hear a lot about "the New Normal"—the possible changes in the way we shop and buy and save as a result of the recession. Commentator Chris Tucker thinks some of those changes may actually do us a lot of good.OUTRO:
Chris Tucker is a writer and book collaborator from Dallas, TX.