Synopsis:
The current recession has had immediate effects on the lives of Americans in ways big and small, from foreclosures and lost jobs to less cash for food and basic living necessities. Dan Harris' report includes a family in San Diego who had to re-evaluate their core values and return to a simpler life.'Till Debt Do Us Part: Elizabeth Vargas reports an all too familiar story of a couple who maxed out their credit and is now not only fighting for financial stability, but for their marriage.The Class of 2009: Bianna Golodryga reports on graduates from the nation's top MBA programs, where only 50% say they have jobs lined up for next year, down from 60% last year.Adaptation and Innovation: Two old line industries/businesses that are rapidly ceasing to be profitable or viable and are now being forced to change in order to survive: the southern cotton farming plantations and the northern auto manufacturing business. Terry Moran reports on the spirit of innovation and adaptation that is required for survival and is the leading edge of the "new normal."
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