The great American boom is finally running out of steam, leaving mountains of debt
www.telegraph.co.uk
High borrowing and low personal savings are dashing hopes of an economic soft landing
    • InevitableSwing [none/use name]
      ·
      6 months ago

      I don't think I have ever heard it in real life - only tv and the movies. My favorite example is from ~40 years ago. In WarGames a general is fond of chewing tobacco and runs NORAD. The defcon setting has just been changed to 4 (or 3?) and he says "Get me the president on the horn." What could be more American than all of that?

      • Frank [he/him, he/him]
        ·
        6 months ago

        I use it, but I am also from ~40 years ago. It's one of my fav old-timey expressions.

      • barrbaric [he/him]
        ·
        6 months ago

        Things escalating means DEFCON goes down, so probably 3.