hourglass economy
n.— «Karr points out larger increases in job growth in the high-wage and low-wage ends of the income spectrum. He said CPI has noticed declines in job growth for the middle class for a number of years. “We’ve termed it the “hourglass economy,”” he said. “It will really limit opportunities for the future.”» —“Effect of Wage Relief Uncertain” by Kelly Bennett VoiceOfSanDiego.org (San Diego, California) Aug. 30, 2006. (source: Double-Tongued Dictionary)
Further reading
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The words tough, through, and dough all end in O-U-G-H. So why don’t they rhyme? A lively new book addresses the many quirks of English by explaining the history of words and phrases. And: have you ever been in a situation where a group makes...