voodoo economics

supply side economics

A return to voodoo economics will not fix the problems.

by The Return of Light Joker October 23, 2011

Economic Teabag

Sticking it to a liberal organization by buying a competitor's product.

I hope GM is enjoying my economic teabag, because I only buy Lexus products.

by Navin1 December 11, 2012

economical of effort

A clever way of calling someone, including yourself, "lazy".

1: Damn, man, you're so lazy!
2: I'm not lazy, I'm just economical of effort.

by Losyak April 28, 2013

Economy Lube

An Ontario quick lube and oil chain that has been known to scam unsuspecting drivers. It may offer a 10-minute oil change for $20, but upsell you with stuff you don't need. CBC program Marketplace nailed those skeezebags putting in oil and other fluids that could wreck your car, or not doing the job you paid them to do. Beware.

Want to wreck your new car? Take it to Economy Lube.

My brother is so dumb that he drove his truck to Economy Lube for an oil change. The grease monkeys who obviously got kicked out of a sketchy trade school put in the wrong fluids - and, now, my brother has to pay $4,000 for a new engine. Moron!

by The Real Canadian August 17, 2015

economic bubble

A phenomenon in economics in which too much loose cash finds its way into an area of the market, e.g., stocks, housing, dot-com, etc., resulting in a buying frenzy that leads to wildly inflated prices. Economic activity in those areas affected is not sustainable in the long run, so large numbers of late investors eventually go bankrupt.

We were warned of an economic bubble, but bought high-priced shares anyway thinking we could unload them on some poor sap before the bubble burst. Boy, were we wrong!

by Joe Rodolico February 12, 2007

Obama Economy

A near static state in the economy, where a so-called "recovery" consists of increasing numbers of people on food stamps, continued high unemployment, more poverty families, jobless millennials, and increasing of all welfare benefits. The very rich grow richer (especially if they are liberal bureaucrats, Wall Street, heads of solar companies, or Hollywood), the poor grow poorer, and the middle class shrinks. The economic problems were then all blamed on Republicans, though they were a minority and actually held little to no power during most of this time. This lasted from 2009 through Obama's two terms.

See also Obamanomics.

My work hours got reduced and health insurance premiums went up thanks to Obamacare, so I have less money to spend on everything else. This is the Obama Economy.

by justagirrrl February 2, 2014

bad economy

An all-purpose excuse that people use during a recession to justify doing things that are below their usual standard. Often these things in reality have little or nothing to do with the economic circumstances.

Harry: "You took your girlfriend to Applebee's on Valentine's Day? Pretty weak."
Larry: "Whatever man, I didn't have a choice. Bad economy."

Senator: "Mr. Paulson, you really want to give the greedy, soulless bankers who caused this mess $700 billion with no strings attached?"
Henry Paulson: "Hey guys, bad economy. Just do it."
Senator: "Good point. I vote yes."

Fred: "Dude, tell me you didn't go home with that broke down 300-pound whale I saw you with at O'Shea's last night."
Brendan: "Dude, it's a bad economy. I'll take what I can get."
Fred: "Yeah, I guess you have to."

by Nicholas D March 15, 2009