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1. recessionitis
March 28, 2009 Urban Word of the Day
noun: the new disease. Much like chronic bronchitis that can take months, even years to go away.

The new excuse to not do anything. This is the act of excluding yourself from social activities because you simply just can't afford it.

see also: recessionista
Amber: Hey are you coming out to the bar tonight?

Amy: Ahh man I wish I could... but I have a really bad case of recessionitis.
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