Will "BLACK FRIDAY" Be in the Red in 2009?

What say you on this subject....

"BLACK FRIDAY" the day after Thanksgiving  traditionally
has been one of the biggest shopping days of the year. This
year however with the unemployment rate over 10% and the
the foreclosure rate approaching 15% is  and thousands of
people losing their health insurance is Christmas shopping
still a priority? Even if you are currently secure in your job
is it not better to continue to put aside money for a rainy
day. Personally, I will be sending more cards, making more
gifts and only making practical purchases during this holiday
season. Do you have any suggestions for sharing and gift
giving for people with little or no budget.