Word of the Day — August 12, 2012

Profligacy — PRAHF-lih-gah-SEE — recklessly extravagant or wasteful use of resources

Example: "Ryan Lizza's article on Paul Ryan mentions that 'In 2009, Ryan was striving to reintroduce himself as someone true to his ideological roots and capable of reversing his party's reputation for fiscal profligacy.'"