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I won't be able to buy the kind of presents for the people I know that I used to. My grown siblings have already agreed for the last few years that we would only buy presents for each other's kids, not each other, since we can't afford it.
I work in TV, and am used to the fact that local merchants don't advertise on TV any more; they can't afford it. In fact, there are very few local merchants, since Wal-Mart and its ilk have become the biggest sellers of goods. That means that people in the local community won't have jobs, or money to spend.
And two visible signs of economic disease are very troubling. The stores are packed with Halloween candy and goods - which are NOT flying off the shelves. Whether Halloween candy was bought for the kids (who are too afraid to trick-or-treat) or secretly for adults to gorge on, no one is buying. There are also a lot of empty spaces at the strip mall, going back to the idea that locally-owned small businesses are the biggest employers of people. No businesses, no local jobs, no money in the economy.
It's not simply that we are going to have little more than hard candy for Christmas. If you remember "Best Little Whorehouse," that song is sung by the decent, good-hearted whores as they start packing up as the Chicken Ranch is put out of business by a hypocritical Texan government. The whores, their faces creased with worry, try to figure out what they're going to do next. For many of us, the Christmas bonus will be a pink slip.
One other point. I don't remember birthdays or anniversaries or anything else. I do remember Christmas. It's only partially a religious holiday, and I don't try to be ostentatious with gifts for a false sense of prestige or anything. I try to get people things appropriate for their lives, things that show I understand what they're going through and that I care for them. I'm afraid all I can give to the people I love this year is desperate hugs, as we all shiver in the cold with the furnace off and with the food limited to the old cans at the back of the cubboard.
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