Recessionista: Prep Rally

Do you like alligators who hibernate on your upper left breast? Then Old Navy's V-Neck cardigan is just for you.

Sometimes even I am so drawn into dressing like an upper-middle-class conservative. Old Navy quenches the desire for a stylish preppy cardigan and instead of paying for versions from J. Crew or Junya Watanbe (Michelle Obama favors the line's $883 version), the Old Navy sweater is priced right at $29.50. It's available in five different color combinations, in sizes XS to XXL and because it's a classic, you know it will be a piece that stays in your closet for a long time.

Check out Michelle Obama's European style!

Michelle Obama made the cardigan cool again after wearing Junya Watanabe's patterned version over a full dress last winter when she was in the UK. She's a perfect example of a trendsetter who takes fashion risks with a tried-and-true preppy staple, and makes people feel something about style. Whether you loved her cardigan/dress combo or made you dizzy and ill -- you were moved. And see? The staple has been reworked to make you feel modern and less vaudevillian...something we have to thank our First Lady for.

Purchase information: Buy it here.