Due to the prolonged economic down-turn not even the traditionally "safe" demographic of white, middle aged, educated males has not remained safe from unemployment due to a dwindling middle-class. Once executive or professional, their employability now is as hopeless as a "beached whale's" survivability.
BMW, for short, it's an ironic turn of phrase. Also known as "Dead Suit Walking".
2 : a person who is of male sex, white skin color and is heterosexual, but is also lazy, racist, mysogynistic, and/or has other negative attributes (commonly used by radical feminists)
Joe: "Hey, wanna get some coffee?"
Chad: "Sure!"
Emily: "YOU ARE A STRAIGHT WHITE MALE! YOU ARE THE ROOT CAUSE OF ALL THE INEQUALITY IN THIS WORLD! YOU SHOULD BE ASHAMED OF YOURSELF FOR EXISTING!"