Consumer confidence took a beating in November, dropping to a 7 month low as consumers worry about the future of the economy, rising costs, the stability of their jobs and future wages. The latest confidence numbers are a reversal for a consumer that was feeling more optimistic just 2 months back, but DC turmoil from the shutdown to the chaotic launch of the Affordable Care Act (millions seeing premiums rise, loss of coverage and a website that just doesn’t function) have Americans on edge. All of these trends make the National Retail Federation predict that shoppers will curb holiday spending in 2013 by 10%. Holiday spending accounts for 40% of sales for many retailers and a significant portion of GDP. Monica discussed this and more with Fox’s Neil Cavuto and Melissa Francis.