Originally a military acronym for STRategic Army Corps. An elite unit, the word became a term of compliment; "to be Strac" meant "to be militarily excellent" in both dress and skill. Usually "back-formed" to mean "Strategic, Tactical and Ready Around the Clock" and several other "backronyms." However, as all words tend to do, the meaning drifted, the sense becoming more of excellence in military appearance than military skill ... to the point where being called "Strac" came to mean that he looks like a recruiting poster but couldn't fight his way out of a wet paper bag.
ORIGINAL: "Wow, did you hear what Sergeant Jones did on the line last week? If we had ten of him, the war would be over in a week. What a STRAC soldier!"
COMMON/CONTEMPORARY: "Geez, look at Private Smith: hair buzz-cut, uniform perfectly pressed, patches and pins immaculate, leather polished to a mirror-brightness. Such a pity the loser has no skills whatsoever. STRAC jerk."
Whatever the media says that the "it" gift for the current holiday season is. Based on the 1996-onward craze for the "Tickle Me Elmo" doll, featuring the "Elmo" character from "Sesame Street." This US$30.00 toy was seen to sell for over US$1,000.00 due to extreme demand. Hence, any toy, game, or device that is supposed to be the "HOT" item for any given gift-giving season.
My son wants a drift-style scooter. I can buy kick-scooters by the dozen, but drift-scooters are this year's Tickle Me Elmo.