Word of the Year

[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]

Toxic assets a no brainer.

[richxx87]

Can't believe you missed "Lightning Bolt".

[Marlow]

Toxic assets a no brainer.

But it's fun as an oxymoron.

[tandfman]

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

[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]

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

[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]

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]

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]

No, I don't think so either.