I’ve got (what I think is) the Stanford 2009 Economic Roundtable discussion on the TV in the other room, and someone (Google’s Eric Schmidt?) just made an economic analogy to “eating our own sea-corn” (my guess at spelling).
I’ve never heard such a term, and I can’t find anything similar on the 'net… help me out?
Seed corn. It’s a reference to being so hungry that you eat the seed that you should be saving to plant next season; in other words, using up your resources to the detriment of the future.
:smack: Of course! In my defence, it’s late, and Google produced this article, which seemed to strengthen my initial hearing.
At least this thread is now the first Google hit on the subject, so the internet should see no more of this particular mis-spelling. 