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Recession Boyfriend

Someone you normally wouldn't be excited about dating but we are in a recession and they have money, so you go out with them
Girl 1- I am going out with the okay contract lawyer
Girl 2-- Yea, he is such a recession boyfriend
by Hipster3`1 December 26, 2008
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recession video

a wave of music videos by mainstream artists with uncharacteristically low budgets, giving a somewhat cheapened feel to the video. signs include single venues, maybe one or two cars, a lack of jewelry (excluding jewelry owned by the artist beforehand), animation, and a cheaper grade of video vixen.
Thing 1: you seen that Every Girl video? that shit was TOO nice!

Thing 2: man that was a fuckin recession video. it was one car in a warehouse with fuckin cartoons and like 50 off-the-corner hoes. shit was wack.
by AlexParkerEmcee April 8, 2009
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Recession whore

A person who uses the recession as an excuse to free load off others without shame or feeling of resentment. This is used to prevent a person from using their own money and spending or using other people's money. It's pretty much like selling yourself (like your time, looks, etc.) for free stuff in order to survive the recession.
That girl is such a recession whore, she only uses him when she wants to free drinks.
by CrazyFlipKandi June 1, 2009
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recessionomics

The branch of social science that deals with the practice of having no cash money.
The California government majored in recessionomics.

I can't go out to night, I'm studying recessionomics.
by _Californian_ August 3, 2009
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recessionitis

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.
by ae123456 March 4, 2009
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recession

Recession is the decline in a country's gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year. The term recession, however, has been utilized in recent decades by politicians to distort the economic outlook and reframe in more positive terms rather than have to address the looming economic depression.
Ralph: Dude, the feds just lowered interest rates and backed a takeover of a large investment bank after acknowledging that we might be in a recession.

Ted: This recession's been going on since Bush took over. How long until we call it an economic depression?
by Kate Sjostrand March 21, 2008
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Great Recession

The worst financial crisis in the United States since the Great Depression and the current period we are in. It occurred during the first decade of the 21st century (core years lasted from 2007-2010) and was marked by rampant job losses, high unemployment, collapse of the real estate market, Wall Street losses, and the closing of numerous banks. The national unemployment rate was as high as 10% in 2010.

It was triggered by foreclosures and a collapse of the real estate market in Florida in 2007. Fannie Mae and Freddie Mac, two large government subsidized mortgages lenders, later fell under heavy scrutiny by many members of Congress. It also created a national credit crunch that resulted in new government regulations that tightened lending standards and changed the rules for nearly every bank. All of a sudden, even people with nearly spotless credit found it hard to get a loan on anything. Wall Street stocks fell by nearly 50% in 2009.

The GR also changed the political clout in Washington when Republicans became the majority party in the House of Representatives, after the 2010 midterm elections sent many Democrats home. Things havent improved very much as the Great Recession is still ongoing and many Americans are still out of work. It will take many years for the housing market to recover, and probably longer for the jobs return to pre-recession levels.
by krock1dk@yahoo.com July 19, 2011
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