I think trying to tie the recession with "Octomom" was a bit of a stretch. Still, am comforted by the fact that a "Lady Who Lunches" like Peggy Noonan is feeling the recession in the Upper East Side like this lady who barely lunches here in the East Village :

If you want to feel the bruise of what's happened, pick a neighborhood full of shops and go up and down the street. Here's Second Avenue in the 80s. A jewelry and consignment store on 84th has a new sign on the window: "We Buy Gold." Paul is at the counter, spraying the tarnish off a silver chain. How's business? "No buyin', no sellin', no nothin'. It's a joke. People scared. They're in shock." Nearby, an empty storefront, a bar that had been in business only 10 months. The sign on the window—you see it all over Manhattan now—says, "Retail Space Available." Next door, in a small beauty salon, the owner says "We're trying to survive." In September business plummeted. It's down "at least 30%," she says. July and August had been surprisingly good; her clients didn't go away on vacation. In the fall they were fired. "They lost the job, so they don't need to cut and color so much."

In a liquor store just off 82nd, the owner, from India, says volume is still high but profits are down. "In business, if you have a product under $15, is good. People used to spend $70, $80 on a bottle of wine, all the bankers, the young kids. Nothing moving more than $15."

On 81st, the kosher restaurant has closed. On 79th, the Talbots is gone. "Left a few months ago," says the doorman next door.

Read the rest at Is 'Octomom' America's Future?.