The recession"s "new words" of the day....

Staycation....... n. a stay-at-home vacation. "We hiked our backyard on our staycation".

recessionista.....n. A style maven on a tight budget. "Marge is such an recessionista that she can spot an Ann Taylor skirt on an Goodwill rack a mile away."

furlough...n. A temporary layoff from employment. When are you taking your furlough, Bob?

shovel-ready...n. An economy-boosting project ready to begin.

recessionitis...n. According to Urbandictionary.com, the new excuse to avoid soical outtings...by saying you can't affrord them. "I'd love to go to dinnner with you in the Pearl tonight bit I've got an terrible case of recessionitis".