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Recession Slang

Posted By Barry Ritholtz On March 9, 2010 @ 1:30 pm In Economy,Humor | Comments Disabled

Nice list of slang terms from the Christian Science Monitor that were birthed in this Recession:

10. Funemployment, n. The practice of enjoying one’s unemployment.

8. Staycation, n. Vacationing at home or near home because traveling further would be prohibitively expensive.

6. Madoff’d, v. To get ripped off in a particularly offensive fashion.

5. Recessionista, n. A consumer who has historically paid big bucks to look like a million bucks and who, unwilling to quit his/her fashion habit in the face of the recession. NOTE: I prefer the Kudlowian definition of the rare person forecasting a recession before the event in the face of good news ; (i.e, I was the lone Recessionista on Kudlow & Co. last night).

2. Permatemp, n. The condition of being permanently employed as a temporary worker.

1. Decruited, adj. To be fired from a position one has not even started yet.

I would add Recession Porn – an obsession with the darkest, ugliest charts, articles and anecdotes about the recession. As in, “I used to go to that blog all the time, but I got bored with all of the recession porn.”

Any other new words out there worth adding to the list?

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Source:
Recession slang: 10 new terms for a new economy [1]
Tracey D. Samuelson, Taylor Barnes
Christian Science Monitor, March 8, 2010
http://www.csmonitor.com/Money/new-economy/2010/0308/Recession-slang-10-new-terms-for-a-new-economy


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[1] Recession slang: 10 new terms for a new economy: http://www.csmonitor.com/Money/new-economy/2010/0308/Recession-slang-10-new-terms-for-a-new-economy

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