Why Fashion Shows During Recessions Stink

I understand that designers are trying to make more wearable clothes during the recession because people are less likely to spend lots of money on crazy clothes. Still, this doesn't have to equal sad and depressing. An example is Christopher Kane during London Fashion week.
His last show, Spring 2009:

His newest show, Fall 2009:


Michael Kors had the right idea, in my opinion, with his florescent fur coats. Wearable doesn't have to mean gray and black!