double dipping English

Meaning double dipping meaning

What does double dipping mean?

double dipping

— noun two incomes received from the same source (as by holding a government job and receiving a government pension)

Examples double dipping examples

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News and current affairs

A Double-Dip Recession for the US?

Most pundits dismiss the possibility of a double-dip recession.

One day, the country is on the brink of a double-dip recession; the next, it is on the verge of a turbo-charged recovery, powered by resilient consumers and US multinationals starting to deploy, at long last, their massive cash reserves.

So the end of this severe global recession will be closer at the end of this year than it is now, the recovery will be anemic rather than robust in advanced economies, and there is a rising risk of a double-dip recession.

If that were to happen quickly, total spending could decline, pushing the economy into a double-dip recession.

There are also now two reasons to fear a double-dip recession.