Consumer Spending: 32% drop in 3rdQ

Theres a disturbing article at nytimes.com about a significant drop in consumer spending.

http://www.nytimes.com/2008/11/12/business/economy/12leonhardt.html?_r=1...

or here

http://tinyurl.com/consumerslowdown

Sound financial planning has always considered saving money as the way we pay ourselves. Pay yourself first and stick to the stuff you need. Seems this lesson may be learned the hard way.