1. The act of re-employing someone (who was previously laid off) as a temp worker, usually at a lower wage scale.
2. What happens to many people who have lost their permanent jobs following the crash of 2008.
3. Another sign of the harsh economic times in which we live.
2. What happens to many people who have lost their permanent jobs following the crash of 2008.
3. Another sign of the harsh economic times in which we live.
Acme Industries is having a Reployment Fair at the hotel downtown. They'll re-hire you as a temp at about half of what you were earning last year.
by Peter Kobs December 07, 2009
1. The downward transformation of one economic class into another.
2. The gradual descent from relative prosperity to grinding poverty, usually among formerly middle-class families.
2. The gradual descent from relative prosperity to grinding poverty, usually among formerly middle-class families.
by Peter Kobs February 06, 2009
A child raised on television and video games with little or no parental supervision. Vid kids often have poor social skills, very limited attention spans and less maturity than their peers. Vid kids suffer from a mild form of child abuse rooted in parental neglect.
by Peter Kobs January 05, 2009
1. An imaginary economic system that will magically replace millions of jobs lost to outsourcing, downsizing and low-wage overseas competition.
2. A feel-good term used by politicians to distract attention from their own immense policy failures.
3. Something that's always "just around the corner" if we only "do the right things."
2. A feel-good term used by politicians to distract attention from their own immense policy failures.
3. Something that's always "just around the corner" if we only "do the right things."
Michigan's governor said we must prepare for the New Economy by turning 400,000 unemployed auto workers into video game programmers and pastry chefs. That's the ticket!
by Peter Kobs May 03, 2010
1. A person whose entire worldview is shaped by current events, stumbling along from one crisis to another.
2. Someone without a historical perspective or hope for the future.
3. The mindset that causes "knee-jerk" reactions to almost any kind of social or economic change.
4. A state of perpetual panic about "the world today."
2. Someone without a historical perspective or hope for the future.
3. The mindset that causes "knee-jerk" reactions to almost any kind of social or economic change.
4. A state of perpetual panic about "the world today."
Larry says the U.S. economy will never recover no matter what happens in Washington -- he's a typical Prisoner of the Present.
by Peter Kobs June 04, 2009
1. A financial market so fragile that even strong companies are decimated by panic selling on Wall Street. 2. A market with almost no real buyers, only frantic sellers.
by Peter Kobs February 17, 2009
1. Cash that's urgently needed (usually by a teenager) to purchase additional cell phone minutes. 2. The reason why pre-paid cell phones are so cheap.
by Peter Kobs July 08, 2009