When the iPod in shuffle mode came upon the Moody Blues album “To Our Children’s Children’s Children,” it seemed a perfect analogy for today.
In fact, you hear a lot these days about the supposed “new normal.” It’s described as a semi-permanent state of lowered expectations and living standards for us, our children and grandchildren. We have too much debt, the thinking goes. China is beating us at every turn. Our government has become an entity somehow separated from the people (a North Bay city department head can retire on a public pension of $170,000 a year), and on and on and on.
It doesn’t have to be that way.
Browse through the experts’ thoughts about the economy and jobs in 2011 and there are many reasons to believe 2010 will be remembered as more abnormal than normal.
For instance, nationally noted economist Christopher F. Thornberg of Beacon Economics notes “there are a lot of green shoots springing up after a long drought.”