Is the term "black friday" new?

Cause I sure don't remember hearing it before this year.

It annoys me greatly.

:shrug:

it used to refer to the day the stock market crashed.

October 25, 1929: Black Friday: New York Stock Exchange Crashes

But I am always late to whats the newest.

before the Black Monday crash in the 1980s. The market lost about 200 points the Friday before it lost 500+ the next Monday.

it's the big sale of the year that determines if stores go "in the black" or "out of the red".

Black and red are old accounting terms; red means debt and black means profit.

Hence "We're in the red."

and it was in vogue then, but as far as I can recall, only with the workers (and to us it doesn't mean "in the black" as in big profit--it means DAY OF HELL). I think it got picked up by the MSM after that because it was a catchy term.

as to the day after Thanksgiving... maybe a few years ago?:shrug:

i was lucky enough to somehow manage not to become annoyed by it till this year

:D

*cuddles*

yeah i know the song durrrr... i meant for after-thanksgiving sale crap

bleh

All through 1988, defense industry layoffs were hitting Southern California hard. It all peaked in the last half of October. Starting with Lockheed's announcement of closing its Burbank facility and moving all operations to Marietta GA, it snowballed from there. TRW laid off 4,000. Northrop laid off 2,500. Convair/GD announced it was closing their operations in San Diego. Garret AiResarch laid off 1,500. United Technologies laid off 6,000. Hughes Aerospace laid off 12,000. Rocketdyne laid off 10,000. And on October 28, 1988, McDonnell-Douglas gave 42,000 pink slips. In all, over 100,000 layoffs from the major aerospace defense firms. In the next 6 months, more than triple that number were laid off from vendors who had grown up around these companies. This had a major ripple effect throughout Southern California and it had a part in the massive looting during the Rodney King riots of 1993. This was compounded by the Sepulveda Basin flood, the Malibu Hills fire and finally, the Northridge quake. And it's only been recently that the area has shown any noticible recovery.

If you want to see what it all looked like at that time, check out "Falling Down" with Michael Douglas.