Top Definition
The term derived for what could be a one-term Presidency for Barack Obama, if he doesn't live up to campaign promises, or to 'fixing' the country's economic woes and stimulating new jobs for millions of out of work Americans. Is a splice of former one term-er President Carter's and President Obama's names.
It's going to be Carterama in 2012 if Obama doesn't turn things around.
by November 10, 2009
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