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...economy may be showing signs of perking up, but the recession's gloom has hit the holiday-card industry. Greeting-card giant Hallmark has rolled out some 25 new recession-themed cards this year - up from just five last year. "We can say it: This wasn't the year that any of us had hoped for," reads one gold-inked card. Another shows a small Christmas tree with three wrapped presents underneath: "We don't have to have a lot to have everything...

Author: /time Magazine | Title: Holiday Cards for the Recession-Bummed | 12/11/2009 | See Source »

...sharp dose of sobriety for the card company known for purveying sunny good cheer. This year's offerings are not "sugarcoated or idealistic," says Mark Andrews, product manager for Hallmark's holiday-card division...

Author: /time Magazine | Title: Holiday Cards for the Recession-Bummed | 12/11/2009 | See Source »

...Some card companies are tackling the punishing economy with humor. DCI Studios has a Christmas card that doubles as a "new guide to the stock market." Some useful terms: "Broker: What we are this year compared to last year. Merrill Lynch: What we want to do to Merrill. Liquid assets: beer, scotch, vodka, whatever helps...

Author: /time Magazine | Title: Holiday Cards for the Recession-Bummed | 12/11/2009 | See Source »

Other holiday-card designers are downright caustic. Order of St. Nick, based in Davenport, Iowa, has a Depressing Times section, which includes a card with a stark black-and-white photo of a man with tattered clothing, a dirt-smudged face and a thought bubble that reads, "The more I drink, the less I care that we lost our home in the subprime mortgage crisis." Another of its Dust Bowl-era holiday cards features a woman wrapping a gift. "I made you a Christmas present!" reads the front cover. On the inside: "But I had to burn...

Author: /time Magazine | Title: Holiday Cards for the Recession-Bummed | 12/11/2009 | See Source »

That helps explain why, even in a season of thinner wallets, the $7.5 billion-a-year greeting-card industry is holding up pretty well, according to the Greeting Card Association. "Card sending seems to remain relatively strong even during difficult economic times," says spokeswoman Barbara Miller, who notes the association is projecting that stores will sell 2 billion holiday cards this year, the same number they sold last year...

Author: /time Magazine | Title: Holiday Cards for the Recession-Bummed | 12/11/2009 | See Source »

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