What is Economy-cut?
1.
Getting a short hair style, such as a buzz cut, for the sole purpose of not having to get a hair cut again for a while.
Hey, nice hair cut you joining the military?
No. I'm not paying twenty bucks again this month. It's an economy-cut, I'm broke now.
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An agreeable response to an obviously stated fact.
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Bill: Yea, right?..