I don’t need it

Phil Jackman, August 2020

The biggest issue faced by the economy is not Coronavirus, nor indeed Brexit but the realisation that we can do without many of the things that we thought were essential. The pandemic may well have caused the recession, Brexit may yet make it worse (who knows) but coming out of it will be no easy fix.

OK, so this is not based upon sound scientific evidence, my sample size was only two, yet during the pandemic I have managed to get by. Since March I have spent my money on food and books, with little else. My wife, on the other hand, has focused on clothes for the grandchild. Other than that we have spent very little.

Now that the shops have reopened I have found that I am still reluctant to go. The spark has gone (the Marks and Sparks?) and I find that I am saying to myself that I simply don’t need it. Since March, I have not bought any clothes yet my wardrobes are still bursting. I know that I am not at the vanguard of fashion and so what I have will certainly see me through.

I am in a similar position with restaurants. Since they have reopened I haven’t been though I do admit I have had my haircut. It needed cutting.

On reflection our economy has long been based on things that we would like to have rather than we need. Need and want are the two most confused words in the English language. New products were produced that made us feel inadequate or that the ones we possessed were so last year. I think though that we have come to realize this and there is a general feeling that over consumption is not going to solve our problems or fill the void.

For now, there are more important things in life like companionship and health.

The issue faced by the government is not to get the economy going but to get the consumers going again.

Read more posts

GOVERNMENT AND BUSINESS PAIN POINTS…

13.05.2024

Independent tech consultancy Opencast has unveiled its events programme for next month’s TechNExt festival – with a focus on the pain points facing government and private sector organisations alike, as…

Read more

OPENCAST NAMED FASTEST-GROWING LARGE TECH…

28.04.2024

Independent tech consultancy Opencast was last night named ‘Fastest Growing Large Tech Business’ at the prestigious 2024 Northern Tech Awards. Chief Financial Officer James Hodgson and Chief Executive Tom Lawson (pictured above) picked up…

Read more

CGI Young Dreamers Programme 2024…

02.04.2024

CGI Young Dreamers Programme 2024 kicks off in Newcastle to encourage STEM careers for students   CGI, one of the largest IT and business consulting services firms in the world,…

Read more

New post: Northumbria students launch green awareness campaign for Metro operator dynamonortheast.co.uk/northum…

Join our
mailing list