Don't Say It

If you've been listening to the news lately you've heard all about the economic malaise that the media is talking about. Unemployment this and inflation that. Forget all that technical crap. What is really going on here? The state of the economy can be summarized in just one word: Stagflation.

Defined: "A period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)"

A stagflating economy basically means that your money is both worth less and more difficult to obtain at the same time. Everyone gets hurt by this. In effect, everyone becomes more poor.

And there is only one thing powerful enough to bring stagflation to America: A solid spike in oil prices.

So why don't those news reporters just come out with it and say that the economy is stagflating?
(1) Because it sounds stupid to say.
(2) Getting stagflated will remind everyone of the 1973 Panic at the Pump and the hardship of a full blown hitting recession. Who wants to be reminded of that?
(3) old meme

Shhhh!