A short-lived and delusional surge in the stock market or economy that occurs under conservative leadership. This usually happens after a crash, scandal, or policy blunder. It mimics a “dead cat bounce” but with heavier consequences, more denial, and louder press conferences. Symbolically named after the GOP elephant, it represents the false hope injected into markets by tax cuts, culture wars, or trickle-down talking points that no longer land.
Conservatives passed that stimulus for billionaires and called it a recovery. Dead elephant bounce if I’ve ever seen one.
by Jayley Weathers April 20, 2025

Bro,I used her Chanel lipstick to cover her with elephant stamps last night.She was pissed when found out.
by Matt146 December 26, 2023

When A Boy Shoves a Tube In His Sister’s Ass While Fingering Her, And She Farts While He Has His Nose In The Tube
by CBPC601 December 8, 2024

by Mike the Non-Seal January 11, 2023

by Radiationtastesn1ce January 30, 2024

Did you see all that elephant peanut butter left over after those dirty hippies had sex Lindsay Lohan in that tent in the backyard? Damn, those dirty hippies WILL do anything!
by L3Mon_Slic3R November 13, 2011

This common slang term for a useless gift or person is also a slur for conservative GOP Republicans, especially rich, "white," elderly members of the party.
It is a play on the common usage of the term (implying such individuals are useless or even a burden) and upon the wrinkled appearance of the animals.
The phrase originally comes from the actual white elephants of India which were considered sacred property of the king, above doing work, and were given as supposed rewards to loyal subjects, but due to the expensive nature of keeping an elephant and the fact that they were forbidden from making the beast labor the gift could actually end up ruining the recipient, and was sometimes intended to. Politics can be brutal!
It is a play on the common usage of the term (implying such individuals are useless or even a burden) and upon the wrinkled appearance of the animals.
The phrase originally comes from the actual white elephants of India which were considered sacred property of the king, above doing work, and were given as supposed rewards to loyal subjects, but due to the expensive nature of keeping an elephant and the fact that they were forbidden from making the beast labor the gift could actually end up ruining the recipient, and was sometimes intended to. Politics can be brutal!
I had no idea grandpa was a White Elephant until I heard him talking about wanting to build a wall on the Mexican border!
by Madam Myriad September 20, 2016
