It ain’t easy getting by in these tough economic times. That’s why Sonic Design, a Brooklyn based company, has developed the Tough Times Belt Puncher for the tough times we are all enduring due to the credit crunch.

If you’re feeling squeezed by the current economic climate and are forced to go on a recession diet, (Usually consisting of Peanut Butter and Jelly sandwiches or worse SPAM) this belt is for you. It uses a 3-disc adjustment mechanism allowing the user to dial in their annual net income and estimated cost of living. The hole punch is positioned an appropriate distance from the last hole according to the economic situation and personal needs of the user.

The poor economy is no longer a surprise to most Americans, but for many things look grim this holiday season. We have had reports that claim spending will be down significantly this holiday season in all areas but consumer electronics.

A new study from ABI Research claims that despite the economy many consumers plan to spend the same amount this holiday season or more. The survey polled 1600 households and found 47% of respondents planned to decrease spending.