I don't think the sky is falling. There are a lot of industries that are thriving right now. The truth is we are in a slump, but I believe we will come out of it just fine. The only thing that scares me is our government keeps borrowing too much money. Also, we need to find another alternative energy source.

Anyways, to your original question I will cut back only a little bit on my spending. Not because of economy issues, but because I have been making major purchases the past 5 years and have about everything I could ever need.

Just remember, the economy always has andalways willcycle.