prebate n.— «Malaker said one of the main reasons the plan is called the “fair tax” is because of what is called the “prebate.” The FairTax prebate is a tax rebate—paid a month in advance by the government—on...
Obamanomics n. The economic policies of the US government during the Obama administration. Etymological Note: Obama + economics (source: Double-Tongued Dictionary)
bad bank n.—Gloss: A government-run bank that intentionally takes on the bad debts and deals of another bank that is in financial jeopardy. «Emanuel Cleaver, a Democrat from Missouri, condemns the term “bad bank.” He says the term does...
This past weekend on "A Way with Words," we mulled over whether part of the recession-busting bailouts the government is proposing should be targeted at reviving the Federal Writers' Project of the 1930s. Get a taste of that, and...
zirp n.— «The United States is repeating a Japanese experiment with a zero in one of the most important variables in financial markets: the official overnight interest rate. The so-called zirp, an acronym for zero interest-rate policy, is...
we-be n.— «Washington civil servants are bracing for that personnel hurricane that sweeps through the federal bureaucracy every eight years or so, when a new administration places thousands of political appointees in all the top jobs—and...