The noun was searched so many times on Merriam-Webster’s website, the dictionary decided to make it word of the year. According to John Morse, president and publisher, “austerity” saw more than 250,000 searches on the dictionary’s free online tool and came with more coverage of the engineered debt crisis.
“What we look for… what are the words that have had spikes that strike us very much as an anomaly for their regular behavior,” Morse said. “The word that really qualifies this year for that is ‘austerity,’” Morse told the Associated Press. The words “pragmatic” and “socialism” were runner-ups.
Austerity is definately on the menu and that is why so many searched the word. It is not merely Greece and Ireland that will feel the pinch, but the United States as well. “Like it or not, what I call stealth austerity is already hitting America. Just look at individual state budgets that are covered in red ink,” writes Greg Hunter.
Look no further than the tidal wave of foreclosures and unemployment figures that grow every month. “This is what stealth austerity looks like. Pretty soon, it will be uncloaked and brought out into the light of day. When that happens, it will be like the economy taking a nose dive into the deep end of a swimming pool with no water to cushion the plunge,” writes Hunter.
Austerity is the word of the year. Next year we will get another word.
Let’s hope it is “revolution.”
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