Yes economonics is what I called my economy class in undergrad! I swear I graduated with honors!
Flashback with me to 2001 when gas prices started rising.....
my mom: oh my gosh, gas is getting so expensive! I need to get a smaller car!
me: oh mom don't worry, just keep putting 5 dollars in like you do every time you go to the gas station! It's the exact same thing!
Fast forward to, well today....
Me: look Andy gas is so cheap, this is awesome!
Andy: uh Jen deflation is not a good thing. Everything you own is losing value and is worth less than you paid. Wages start going down but those student loans of yours continue to increase with the awesome interest rate, its not good.
Me: oh yeah that sucks
and just last April I was getting ready doing my make-up listening to the morning news talking about the possible recession and looked at Andy & said, "recessions don't affect me"! He laughed the very next day when our student loan company went under due to the "econominy"
I think this must be why I went into health care because I know nothing about economonics :)