The Crappy Economy is Getting Crappier

No one want's to spend money, according to a new Gallup Poll. Back to school time is usually a boon for retailers, but parents seem to be tightening their belts, as this year's self-reported spending is even lower than in 2009.

The picture becomes clearer when you add in the fact that nearly two-thirds of Americans believe the economy still hasn't hit rock bottom. Many those who still have jobs are convinced that the economy will fall even further, and are probably saving money or paying off debts instead of buying their kids a new Sponge Bob backpack.

My advice? Don't listen to me. It'll only depress you.