1. The science of turning a recession into a great depression through out-of-control deficit spending, printing money, borrowing money from our enemies, and confiscating money from the private sector in the form of massive tax increases to "add or save" government jobs at a cost of $563,872 per job (according to Obama's recovery.gov 05/05/2010) and an average salary of $42,000.
2. The art of establishing a new economy for America with a permanent 16% unemployment rate as a "new normal", declining living standards, punitive tax measures to prevent its citizens from moving up the economic ladder, and government ownership or control of all American industries.
How's obamanomics working for you?
WHEN YOU MAKE A SUBSTANTIAL INVESTMENT IN A PLAN AND GET A VERY SMALL RETURN IF ANY RETURN AT ALL.
IT LOOKS LIKE OBAMANOMICS AT WORK AGAIN.........MY $20.00 LOTTERY INVESTMENT ONLY NETTED A $2.00 RETURN.
noun;, a euphamism describing Barack Hussein Obama's method of strengthening the global economic positioning of the Obamanation
/ "United" States of America. Once promising "change we can believe in", the "steadfast" course that Obama (45th president of the United States) has taken. Critics from both parties will "ride the fence" until a positive result is achieved from this course of action taken by Obama.
woodtick # 1: yeah, I just heard Obama signed a bill that is gonna get us in debt for the next 2 or 3 generations"
woodtick #2 "yep, it's only something like 800 billion dollars, that's better than a trillion."
woodtick # 1: "well... let me see...800 billion dollars, that's uh...
80 trillion pennies. That's alot of change."
woodtick # 2: "yea man, that's change we can believe in."
woodtick # 1: "sounds like Obamanomics to me."
A political policy of financially fist-raping anyone with a work ethic in order to fund the reproduction and welfare checks of the "white trash" and " lazy nigga" subset of the US population.
The basic premises are these:
1) The harder you work, the harder you will be taxed.
2) The lazier you are, the more you will be rewarded.
3) The lower the potential gain, the greater the amount of tax dollars should be spent on it.
4) Strip every entrepreneur of every dollar of capital he has spent his life's work earning in order to fund every welfare "momma" getting a Cadillac Escalade paid for with tax dollars.
5) Have absolutely no accountability for those claiming disability, welfare, unemployment, under-age social security, etc.
Want ads... bullshit, why would I get my ass up and look for a job when I can make more money sittin here watching Springer. Hell, I need more money, I'll just get pregnant again. Obama-nomics is gettin my ass paid!!!
The economic policies of Barack Obama, the fundamental opposite of Reaganomics.
"Didja ya hear about Obama's new policy, man, he's gonna change the world!"
"Naw, it's just a bunch of hippie, treehugging Obama-nomics bullcrap."