The New Normal

What comes to mind when you hear the term 'new normal'? Do you think about the digital age, social media, the acronyms in text messages, the Wii, PSP, etc.? If you do, then we are not far apart in thought. However, my 'new normal' revolves around the financial uncertainty within the average household. Unemployment numbers are disappointing, families continue losing their homes, people cannot afford to pay for healthcare... the list goes on and on. The American dream that we pictured, seems to be slipping through our fingers.

 

Last night, as I looked at my budget and huge stack of bills, I wished for a jackpot. It hit me... my biggest fear is the possibility that I may be unable to cater for my family someday. As I reflect on my 'new normal', I pray for sustainability within my household. I don't know about you, but the current U.S. economy scares me. However, I refuse to believe that my new normal is here to stay. Just as we conquered the great depression, we will make it out of this slump. Perhaps a positive outlook coupled with strategic planning may help.

 

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Comments

  • 9/2/2010 10:38 AM Anonymous wrote:
    doom and gloom????
    Reply to this
    1. 9/8/2010 12:59 PM Akosua Boafo Appiah wrote:
      According to Wagner, 2009, (American) taxpayers blame the economic collapse on greed. However, it's not all doom and gloom - we have a way out. In order to mitigate an economic collapse, our leaders would have to promote value creating principles (Morgan, 2009). Do we have the right leaders for a better new normal?

      References
      Morgan, M. (2009). Navigating The Economic Downturn. Strategic Finance, 90(10), 25-29.
      Wagner, C. (2009). Bad Attitudes, Bad Business. The Futurist, 43(5), 16.
      Reply to this
  • 9/2/2010 2:37 PM joanne wrote:
    Shorter and cheaper vacations. Less spending. What do you think?
    Reply to this
    1. 9/8/2010 1:01 PM Akosua Boafo Appiah wrote:
      Although less spending sounds like a good idea we should remember that we need to spend in order to stimulate the economy. How would that small business thrive if nobody purchases its items?
      Reply to this
  • 9/8/2010 8:32 AM Anonymous wrote:
    Amen, Akosua. God is in control. Our new normal should be total dependence on God Almighty.
    Reply to this
    1. 9/8/2010 1:04 PM Akosua Boafo Appiah wrote:
      Thanks for your comments. I'm with you. We need to be strong in our faith.
      In addition to our reliance on God, we should modify our economic habits if we are able.
      Mama was telling me about a man who prayed fervently for a job without actively seeking or preparing for one...
      I guess you probably know what happened to him?
      Reply to this
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