insult - someone who does nothin with their life (or nothing much)
eg Jimmy drops out of skool and has no job and claims benefits for 5 years an still lives at home with his mum an has dirty clothes- Jimmy iz a wasteman.
A man, who doesn't act his age, normally from a village, who spends his life in the same clothes drinking alcohol, taking drugs in the local pub, ending up at someone's kitchen, with no job or prospects and a complete disrespect for women
'Ey up mate what you get up to last night?'
'Got shitfaced mate propped up the kitchen all night sniffed coke. Still ere in fact'
'It's 4pm though dude?'
'Fuck it, u got any sniff come round'
'You're a wasteman'
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.