We have been hearing about the economic downfall for quite some time, but this past week, it seems as if the anticipated recession has become more tangible. The buyout of Meryll Lynch, the downfall of Lehman Brothers, and the $85 Billion bail out of AIG has many Americans looking for answers.
Politically, both McCain and Obama are centering their campaign runs on their position on the economic crisis and how their administration would bring resolution. And by “both McCain and Obama.” I really mean Obama, because McCain believes that the economy is fundamentally sound.. but I guess that’s relative to what McCain thinks is fundamental (doesn’t say much).
What does this mean to the fashion world? Just because the economy is unstable doesn’t mean you need to lose yoru sense of style (unless your sense of style sucks, in which case please lose YOUR sense of style and seek help from me). But, this does mean that we all need to find creative ways to stay looking good, without breaking the bank. So, I will be helping the Ave. with tips on how to get the same looks for cheap. Personally, I will be spending more time in Target and thrift stores for my trendy pieces… I can’t make the same promise for classic items, but I say if you have to buy a classic trench coat, please choose Banana Republic instead of Burberry, at least until the economy gets out of its rut!
Who says you can’t be Swanky and Smart at the same time?