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That dangerous period of time within 1-2 weeks after the New year in which people try to go through with their New Year's Resolution. Often met with minimal success.
Bob: Hey Tom, whats your New Years Resolution?
Tom: I think I'll lose some weight.

1-2 Weeks later.*
Bob: Tom was a good man, its such a shame that he had to die so young. Our thoughts and wishes go out to his friends and family.

Tom's Mom: Curse you New Years Fallout!
*Shakes fist at sky*
by Heyatomitsbob December 27, 2009
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