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Glossary of terms used on this site

There are 16 entries in this glossary.
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Term Definition
Shovel-ready

A project that is ready to begin as soon as funding is provided. Also, a feature advertised by a work boot company.

Smart Grid

The term used to describe an updated electrical grid that includes technology to measure and report energy usage by individual homes and businesses. It also includes back-end functionality to dynamically manage electrical distribution to meet anticipated demand.

Stagflation

High inflation rates combined with a stagnant economy (little or no growth in GDP and high unemployment rates). This was the condition of the US economy during the 1970s and we’ll be there again soon if the government continues printing money to fund the multi-trillion dollar deficits. See Stagflation Article for additional historical background.

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