Double-dip

Talk of a "double-dip" recession intensified in 2010 — enough to put the rather pessimistic term on the New Oxford American Dictionary's Word of the Year shortlist. Debate abounded over whether or not signs of economic growth indicated a true recovery; some feared the U.S. economy was doomed for another contraction — a double dip. Makes us long for the simpler days, when the phrase was more likely to be a Seinfeld reference.

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