year of progress

year of progress
   American
   a period of irreversible decline
   Progress, in the statements of politicians or company chairman, usually indicates that things have gone badly:
    In the year leading up to the Tet Offensive ('1987 — Year of progress' was the name of the official year-end report)... (Herr, 1977)

How not to say what you mean: A dictionary of euphemisms. . 2014.

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