Today Weakonomics proposes some new names to replace The Great Recession. Worth the read, link below. To this post I’ll also add three items: one suggestion for a new name to describe the state of the U.S., and two of my favorite pop culture economic labeling riffs of recent years.
(1) Nation Declined. Which has a double meaning of course. Credit to my wife for this one.
(2) “It’s not a recession, it’s a correction. Correction: it’s a recession.”
-Stephen Colbert 4/3/2008
(3) “Shit. I know shit’s bad right now. With all that starving bullshit. And the dust storms. And we running out of french fries and burrito coverings…”
-President Camacho’s state of the union speech opening lines from in Mike Judge’s masterpiece Idiocracy. Video of full speech embedded below.