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

DYNAMO REACHES OUT TO HELP…

03.03.2021

FIVE charities are to benefit from free membership of north east tech network Dynamo. The regional tech champions wanted to help the work of the charities while at the same…

Read more

12,000 jobs to be created…

01.03.2021

A new strategy aiming to double the number of North East jobs in the health and life sciences sectors has been unveiled. The North East Health, Life Sciences and Medicines…

Read more

Want to know how you can kickstart your North East business? Sign up for webinar 1 of the @sageuk Small Biz Growth Programme on ‘Get your business started’ & get 6 months free Sage Accounting Software! Sign up for webinar 1 on Thurs 11 March, 11am-12pm 1sa.ge/GUub50DNZxo pic.twitter.com/Q18vk34sj3

Join our
mailing list