“2-4-6-8 ’Tis the time to liberate!” a cheery ad for the Gap reads. “We can do it modest. We can go all out. This holiday, it’s up to us to whisper, scream or shout!” The copy, surrounded by photos of plaid-attired models in this month’s Vanity Fair, is a subtle nod to the awkward place we find ourselves in this holiday season—one foot in and one foot out of the recession.
To hit the point home, copy on another page reads: “What if I go lo-tech and wrap up plaid for you? We could skip those hi-tech gifts. Plaid’s got buttons, too.” This appears to be an acknowledgement of the fact that people are not only trading down, they’re trading off: choosing one category—often a cheaper one (e.g., clothes)—over another (the latest and greatest gadget, for instance).
While Gap ads are generally fun and festive, especially at this time of the year, you wish the messaging wasn’t so wishy-washy. Should I go modest? Or should I go all out?
As we enter what looks to be a jobless recovery, watch for more brands to attempt this tricky balancing act, trying to appeal to consumers who are still very much in a recessionary mind-set as well as those with a pent-up urge to splurge.


“I have different supermarkets for my shopping; one for detergents, soaps and shampoos, and another one for food products such as oil, rice and sugar, since both product categories are cheaper in their specific supermarket,” according to one homemaker we interviewed as part of our qualitative AnxietyIndex research (download “AnxietyIndex: Straight from the Consumer” in the 
First there was the “recessionista.” Now there’s—are you ready for this?—the “Storagista.” As defined in Manhattan Mini Storage’s
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