She's a recessionista, that New York marvel who's a magnet for a good deal. And in this economy, she's got a lot to teach us. ...
Finney agrees that aside from knowing where to find the best discounts, making better use of what you have is a key trait of the true recessionista.
—Eloise Parker, Frugal fashion: New Yorkers learn to look good for a lot less, Daily News (New York), July 13, 2008
—Ann Marie Hourihane, There's money on it being a bad time to get divorced, The Irish Times, July 14, 2008
—Leslie Ann Horgan, "Can you live like the boom during a bust? We challenged our writer to become a recessionista," Daily Mail, May 31, 2008
Recessionista is a blend of recession and the suffix -ista, which is the Spanish equivalent to the English suffix -ist. Seen from this etymological angle, it's not surprising that there's a second and very common meaning of recessionista among finance types — a person who insists that a recession is coming or believes that a recession would be good for the long-term health of the economy. This sense of the term dates to 2001:
"That's an ignorant little dream they have!" Mr. Breslin said of New York's recessionistas.
—Jason Gay, Embracing the Recession!, New York Observer, February 12, 2001