Recession Is In The Wallet Of The Beholder

The new Nieman Marcus Christmas catalog is out and even they realize we’re in a recession. “Tokens of affection don’t have to be extravagant,” they say in the catalog’s introduction, proven by the fact that more than 40% of the gifts listed cost less than $250. Thanks goodness! Of course there’s still a limited-edition Jaguar for $105,000, a $73,000 motorcycle, and an environmentally-friendly chandelier made from 366 plastic bottles pulled from a landfill for only $12,000. As Kermit would sing today: It’s not easy being green; neither is it cheap.

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