I made a typo in this email:
the problem I have with such litterature is...
I corrected the typo, and then on the commute to work kept thinking about this typo.
It's the perfect term for the sort of books that Truman Capote referred to as 'high among my favorites, because Michener keeps writing them and people keep buying them so Random House has money to give to me', isn't it?
motleypolitico also suggested that this term is also appropriately applied to anything printed matter handed to you on a streetcorner.
So: litterature (n.): any printed matter that either is intended to be immediately recycled, or really ought to be immediately recycled.
Danielle Steele is now to be referred to as an author of litterature.