A few weeks ago I told Kelly that "it is what it is" will be the new catchphrase of 2007. I just heard someone on ESPN say it again, as it seems that it's the only phrase athletes and coaches are willing to offer nowadays. Apparently, I'm a few years too late as USA Today declared the phrase the cliche of 2004. Al Gore even used it publicly in 2002 when reflected on his failed Presidential bid. Maybe I haven't been paying attention. But I've started hearing it lately beyond the sporting world. "It Is What It Is" is ready to take over the world.
And, honestly, I've been trying it out myself lately. It's kinda fun.
Old Lady: "Mister, you just ran over my cat, got out of your car, kicked it a few times, got back into your car, and peeled out over its carcass!!!"
Steve: "It is what it is, Ma'am."
My advice: try it, Mikey. You'll like it.