Edison Electric Institute logo
Go Search
Advanced Search
Skip navigation links
Who We Are
What We Do
Our Issues
Products
Meetings
Magazine
Newsroom
Skip navigation links
Digital Magazine
Electric Utility Marketplace (EUM)
EUM News
EP Poll
2013 Editorial Calendar
Guidelines
Advertise
Bonus Distribution
Maximize Your Impact
Online Options
Rates and Specifications
Reader Profile
Editorial Leadership
Contract Regulations
Subscribe
Contact Us
Special Sections
November/December 2012

POWERING CHANGE

The phrase “lame duck” was a financial term in 18th-century London referring to stockbrokers who had defaulted on their debts. Presumably, the phrase originated from the Gaelic words for hand (lamh) and misfortune (diugan)—a businessman with an unlucky hand, becoming, metaphorically, a powerless aquatic bird unable to keep up with the flock.

In the United States, the phrase came to mean politicians who had been defeated in a recent election but who remained in their seats until the newly empowered took over. We have had many lame duck presidents; and, every two years, we have a lame duck Congress.

Read the entire article.
  © 2013 Edison Electric Institute. All rights reserved.