SITCOM
Single Income, Two Children, Oppressive Mortgage (pronounced: sit-com)
An acronym used primarily in texting, online chat, instant messaging, e-mail, blogs, and newsgroup postings, it is also considered a form of online jargon or text message shorthand.
It refers to what happens to yuppies when they have children and one stops working to be with the kids. SITCOMs are known as the true martyrs of Reaganomics, as characterized in The Economist.
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NetLingo Classification: Acronyms and Text Message
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