Word: sauceritis
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Dates: during 1950-1959
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EVERY businessman has his pet phrase for the slump-the "saucer recession," the "polkadot recession," etc., etc. It is also the recession where more statistics get more microscopic study than ever before, as every economist-amateur or professional-searches to discover whether the U.S. economy is going up, down or sideways. The only trouble is that statistics, like dry martinis, should be handled with care. For a prime example of how befuddling statistics can be, see BUSINESS, Unemployment Figures...
...recession is taking on the "saucer" shape of 1953-54. The signs grow that we are on the bottom of the saucer, but it may take some time to cross the flat part of the bottom...
...THINK we have come down a rapid descent in business activity but we will saucer off now. We should bottom at midyear and have a fourth quarter turnup in the later months of the year...
...businessmen worried less than the politicians about the recession (see NATIONAL AFFAIRS). Businessmen did not brush the facts under the rug, but their anxieties were generally more for "the other guy" than for their own business. They saw no long slide but talked of the decline as the "saucer recession"-a curving dip to a level bottom and a climb on the other side. They viewed the now-dwindling inventory surpluses as a natural result of years of postwar expansion to keep pace with ever-growing markets-and considered this situation as a normal hangover caused by an inflationary binge...
...walnut, hull of walnut, pecan acorn, unhulled walnut; grain of corn, few grains of maize, bean, navy bean, pea, lentil seed, soup bean; orange, small orange, lemon, small lemon, lime, grapefruit, half grape, melon, dried prune, stuffed olive; dollar, dime, nickel, quarter, half a dollar, dollar and a half; saucer, dinner plate; pencil point, BB shot; third of a baseball, football-sized mass, volley ball; fist, hand, thumb, child's fist, man's head, baby's head...