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The Top 10 Things We're Glad the Recession Killed
With the near constant barrage1 of unemployment statistics, budget deficits2, and bankruptcy3 announcements, it’s easy to get swept up in all the doomsday rhetoric4 surrounding the recession. But not all the effects of the economic downtown are bad. Some of them are actually a cause for celebration.
Source: Steve Bronstein/Stone/Getty Images
10. The Five Dollar Cup of Coffee
Source: Ryan McVay/The Image Bank/Getty Images
It doesn't take an economics degree to see that the overpriced coffee craze was getting out of control. When the fake money ran out, so did people's desire to fork over more money for a cup of java than a gallon of gasoline, as indicated by the situation Starbucks finds itself in as of late.
9. Junk Mail
Source: Jeffrey Coolidge/Iconica/Getty Images
Advertisers like to refer to junk mail as "direct mail" but we know better, because this crap is completely useless on the vast, vast majority of the populace. So when money gets tight, advertisers cut back on their direct mailing to save money. Hey ad guys, here's a pro7 tip: Stop sending useless crap to people who don't want it to achieve maximum savings8!
8. Celebutaunt Culture
Source: Phil McCarten/Stringer/Getty Images
Back in the carefree days of the early 21st century when tons of credit was readily available, living beyond our means was hip9, and being slutty was not only acceptable, but embraced, with "celebutaunts" like Paris Hilton and Nicole Richie heralded10 as the pinnacle11 of pop culture. Thankfully, the dose of economic reality handed to us recently proved once and for all that your dog does not need its own jewelry12.
7. Useless Junk Stores
Source: ULTRA.F/Digital Vision/Getty Images
Another by-product13 of a society with too much money on its hands is the "Useless Gadget/WTF is This??" store. Places whose entire purpose is to sell you things you never knew you needed.
Perhaps unsurprisingly, when the extra money dried up, people came to the realization14 that they didn't actually need an iPod dock in their shower, and places like the Sharper Image took a nosedive.
6. Cribs-style TV Shows
Source: Richard Drury/The Image Bank/Getty Images
Can't say I'll miss these types of programs, either. These shows were the apex15 of the worst aspects of "bling" pop culture -- a trend founded on an obsession16 for consumerism and vanity. The purpose of each episode was to show the viewer how much better famous people lived than mere17 commoners.
These shows seemed to have been designed to create a sense of jealously and want in those viewers so they'd go out and spend more money on things they didn't need so they could pretend they were also famous rap stars. Guess it's tough to get people excited about glamour18 when their house is getting foreclosed on. Funny thing is, all that expensive crap we saw wasn't even theirs.
5. Hummers
Source: Scott Olson/Staff/Getty Images
More than any other large SUV on the market, Hummer took a real hit from the economic turmoil19 of the last few years--so much so that GM has been desperately20 trying to sell off the brand, but even that is proving difficult.
The "go green" trend that's been sweeping21 the nation lately also isn't doing those gussied-up Chevy Suburbans any favors either, so it looks like Hummer just might be headed straight to the junkyard very soon.
4. Crazy Gas Prices
Source: Jens Lucking/Photographer's Choice/Getty Images
Was it only a year ago that a gallon of regular gas cost upwards22 of four-and-a-half bucks6 a gallon in California? A lot can happen in a year. Like the near-total collapse23 of the global economic infrastructure24! As much as oil companies like to say that demand dictates25 the price and that the speculators in the stock market were also to blame, we all know that was almost entirely26 B.S.
When people ran out of money they could spend on overpriced gas and oil company executives watched their profits go from record-breaking to practically nothing overnight, gas prices were magically sliced in half. Did everyone you know stop driving their cars or even reduce to half as much as they did last summer? Didn't think so.
3. Ridiculous Housing Costs
Source: Diane Macdonald/Photographer's Choice RF /Getty Images
When a fifty-year-old, three-bedroom shack27 located in a bad neighborhood in Los Angeles is valued at over $1,000,000, something is obviously really friggin' wrong. And when mortgage prices go up, so does the price to rent those properties.
So now that pretty much all real estate across the country has lost nearly a third of its value over the last two years, some of us can go back to fantasizing about someday actually owning a home.
2. Bling
Source: Halfdark/fStop/Getty Images
I'll put it simply: Bling makes me angry. It is the epitome28 of the "OMG I have too much money and I must buy shiny things" mentality29. A culture of excess that champions the largest amount of misuse30. A trend founded on wasting money on things which literally31 serve no purpose whatsoever32. Bling, I am glad to see you go. Your spinners are stupid, your jewelry is gaudy33, and your precious metal teeth make you look like a loser.
1. The Perception of Total Unaccountability
Source: Yamada Taro/Digital Vision/Getty Images
Before the financial apocalypse, CEOs were faceless entities34 in ivory towers who we never heard from unless they were barking orders to us from megaphones. If things went wrong, the buck5 got passed and passed until nobody knew where the buck was or what it represented anymore.
While we're still a long way from full corporate35 accountability, it's nice to see at least a few major players had their feet held to the fire. If nothing else, it serves as a warning to the rest of the racquetball club that the next person on the hit list might be them, so it might be time to go back and work on that fatally flawed business plan, rather than expecting the taxpayers36 to foot the bill.
One can hope, anyway.
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1 barrage | |
n.火力网,弹幕 | |
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2 deficits | |
n.不足额( deficit的名词复数 );赤字;亏空;亏损 | |
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3 bankruptcy | |
n.破产;无偿付能力 | |
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4 rhetoric | |
n.修辞学,浮夸之言语 | |
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5 buck | |
n.雄鹿,雄兔;v.马离地跳跃 | |
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6 bucks | |
n.雄鹿( buck的名词复数 );钱;(英国十九世纪初的)花花公子;(用于某些表达方式)责任v.(马等)猛然弓背跃起( buck的第三人称单数 );抵制;猛然震荡;马等尥起后蹄跳跃 | |
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7 pro | |
n.赞成,赞成的意见,赞成者 | |
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8 savings | |
n.存款,储蓄 | |
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9 hip | |
n.臀部,髋;屋脊 | |
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10 heralded | |
v.预示( herald的过去式和过去分词 );宣布(好或重要) | |
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11 pinnacle | |
n.尖塔,尖顶,山峰;(喻)顶峰 | |
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12 jewelry | |
n.(jewllery)(总称)珠宝 | |
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13 by-product | |
n.副产品,附带产生的结果 | |
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14 realization | |
n.实现;认识到,深刻了解 | |
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15 apex | |
n.顶点,最高点 | |
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16 obsession | |
n.困扰,无法摆脱的思想(或情感) | |
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17 mere | |
adj.纯粹的;仅仅,只不过 | |
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18 glamour | |
n.魔力,魅力;vt.迷住 | |
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19 turmoil | |
n.骚乱,混乱,动乱 | |
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20 desperately | |
adv.极度渴望地,绝望地,孤注一掷地 | |
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21 sweeping | |
adj.范围广大的,一扫无遗的 | |
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22 upwards | |
adv.向上,在更高处...以上 | |
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23 collapse | |
vi.累倒;昏倒;倒塌;塌陷 | |
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24 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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25 dictates | |
n.命令,规定,要求( dictate的名词复数 )v.大声讲或读( dictate的第三人称单数 );口授;支配;摆布 | |
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26 entirely | |
ad.全部地,完整地;完全地,彻底地 | |
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27 shack | |
adj.简陋的小屋,窝棚 | |
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28 epitome | |
n.典型,梗概 | |
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29 mentality | |
n.心理,思想,脑力 | |
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30 misuse | |
n.误用,滥用;vt.误用,滥用 | |
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31 literally | |
adv.照字面意义,逐字地;确实 | |
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32 whatsoever | |
adv.(用于否定句中以加强语气)任何;pron.无论什么 | |
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33 gaudy | |
adj.华而不实的;俗丽的 | |
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34 entities | |
实体对像; 实体,独立存在体,实际存在物( entity的名词复数 ) | |
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35 corporate | |
adj.共同的,全体的;公司的,企业的 | |
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36 taxpayers | |
纳税人,纳税的机构( taxpayer的名词复数 ) | |
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