Word of the Year

[Marlow Senior Member Find all posts View Profile Close Marlow]

The nominations are in.

Some are oldies with new significance:
Bailout
Maverick
Vet
Subprime
Taking a haircut

Some are new, but obvious:
Fringe English
Obamamania

But how many of these neologisms do you know?
1. thinko
2. toxic assets
3. staycation
4. recessionista
5. shovel-ready
6. bread crumbs

[guru Senior Member Find all posts View Profile Close guru]

Toxic assets a no brainer.

[richxx87 Senior Member Find all posts View Profile Close richxx87]

Can't believe you missed "Lightning Bolt".

[Marlow Senior Member Find all posts View Profile Close Marlow]

Toxic assets a no brainer.

But it's fun as an oxymoron.

[tandfman Senior Member Find all posts View Profile Close tandfman]

How about "recession," a new euphemism for "depression."

[AthleticsInBritain Senior Member Find all posts View Profile Close AthleticsInBritain]

How about "recession," a new euphemism for "depression."

Apparently they are two different economic terms, or so we're led to believe. I know there's a difference between the two but don't ask me what it is. I'm sure there's an economist on the board who can explain.

It's all semantic tho' if you're poor and out of a job!

My word of the year? Syzygy, for obscure reasons.

[Dietmar239 Senior Member Find all posts View Profile Close Dietmar239]

Slobber-knocked! I've heard it used several times this year after a lineman practically decapitates an opponent.

[tandfman Senior Member Find all posts View Profile Close tandfman]

How about "recession," a new euphemism for "depression."

Apparently they are two different economic terms, or so we're led to believe.

They certainly are two different economic terms. My point was that although everyone is calling this a recession, IMHO we're in the early stages of a real depression. The universal insistence on calling this something other than what it is may be breaking down. A Nobel Prize winning economist, Princeton Professor and New York Times columnist Paul Krugman, now seems to agree with me.

Let’s not mince words: This looks an awful lot like the beginning of a second Great Depression.

http://www.nytimes.com/2009/01/05/opini ... ugman.html

[bambam1729 Senior Member Find all posts View Profile Close bambam1729]

How about "recession," a new euphemism for "depression."

Apparently they are two different economic terms, or so we're led to believe.

They certainly are two different economic terms. My point was that although everyone is calling this a recession, IMHO we're in the early stages of a real depression. The universal insistence on calling this something other than what it is may be breaking down. A Nobel Prize winning economist, Princeton Professor and New York Times columnist Paul Krugman, now seems to agree with me.

Let’s not mince words: This looks an awful lot like the beginning of a second Great Depression.

http://www.nytimes.com/2009/01/05/opini ... ugman.html

Best definition was by Reagan - "Recession is when your neighbor is out of a job. Depression is when you're out of a job."

[trackjudge Senior Member Find all posts View Profile Close trackjudge]

How about "recession," a new euphemism for "depression."

Apparently they are two different economic terms, or so we're led to believe.

They certainly are two different economic terms. My point was that although everyone is calling this a recession, IMHO we're in the early stages of a real depression. The universal insistence on calling this something other than what it is may be breaking down. A Nobel Prize winning economist, Princeton Professor and New York Times columnist Paul Krugman, now seems to agree with me.

Let’s not mince words: This looks an awful lot like the beginning of a second Great Depression.

http://www.nytimes.com/2009/01/05/opini ... ugman.html

He has been using that word for quite a while, and even wrote a book on depression economics. I don't think you converted him.

[tandfman Senior Member Find all posts View Profile Close tandfman]

No, I don't think so either.