Leno guessed Michelle Obama spent about $60,000 on her wardrobe. She pointed out that she was wearing an ensemble from J. Crew. Michelle Obama wore a bright yellow sweater, skirt, and blouse. She added that she is excellent at finding good fashion online.
Implications - The first lady has skyrocketed to first fashion icon status since the start of Obama's campaign, though she opts for form fitting choices that work for her personality, instead of high priced, luxury brands.