Is this the new normal?


Just read an interesting article that discusses how the recession has made such an enormous impact on the economy that some of the things that we considered normal are no longer normal and the new norm has been created. Here are the Five Things that the article states are the new normal: Long Term Unemployment, Renting Over Owning, Saving Over Spending, Staycations Over Vacations, Higher Taxes For the Rich.

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I am in complete agreement with these theories  and have been saying for a long while that the American economy is going to be similar to other countries where these are the norm, as long as we accept that things will be different, I think we will all be happy in the future.

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