go down the drain

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Related to going down the drain: wash off, lined up, soaks up

go down the drain

To fail; to be ruined or destroyed; to be squandered or wastefully discarded. My father's company is now going down the drain because of the incompetent new CEO. All of our savings have gone down the drain ever since Jack had his little gambling spree in Las Vegas.
See also: down, drain
References in periodicals archive ?
We can save a lot of water from going down the drain taking away these bottles.
Obscene amounts of public money is going down the drain.
People say that the NHS is going down the drain, I can say no to that.
He recalled with concern the fact very few such schemes were launched in the past 63 years, and all were badly hit by corruption, resulting in their going down the drain.
AS if we haven't got enough on our plate with ownership and debts troubles, along comes a retiring Bluenose MP and declares the Reds are going down the drain like Portsmouth.
Even with a low-flow showerhead, if there's a teen in your household, chances are there's still a whole lot of water, and money, going down the drain.
The whirling sound you hear is Kerry's presidential aspirations going down the drain.
You might then prevent the detergent from going down the drain with the dirt.
It's a double whammy, because you have a person struggling to make ends meet and then their pet is going down the drain with them as well.
Tony and Pete must have been really miserable round at Gordon Brown's house counting all that dosh going down the drain during Mrs Windsor's Jubilee Holiday.
Nick Reynolds, 22, student, of Shotley Bridge: Health resources are going down the drain.