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A static economic state in the U.S., where unemployment remains high, gross domestic product remains below a normal median curve, the treasury continues to deflate the dollar by printing more money and President Obama continues to be an anti capitalist in his economic approach.
Obamanomics - During the Obama administration, major manufacturing corporations were taken over by the federal government, banks and large investment firms were given billions of taxpayer dollars and jobs were lost, causing increased unemployment benefits claims. President Obama's approach to cure the situation was to increase spending, borrow more money via treasury bonds, printing more money, reducing the value of the dollar and continue to blame President George W. Bush for the economic downturn.
by dibrep June 06, 2011
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"Trickle up poverty". Refers to the economic policies promoted by United States President Barack Obama during his first four months of real experience in US Government. The four pillars of Obama's economic policy are:

1) Increase the growth of government spending,
2) decrease income by increasing tax rates,
3) increase government regulation of the people and economy,
4) increase control of the money supply to increase inflation.
I just lost my job, no thanks to Obamanomics.
by Mike in Centennial July 21, 2009
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Hey bob i heard you were expanding your business, hows it goin?

Not good Justin, under obama's tax code i couldn't survive the first 3 months after i expanded. is that an escalade? how much did those spinners cost?

sure is, totally cost me 55000. i lost my job, got some obama money and was able to afford it.

obamanomics in full play
by XG9 April 08, 2010
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Penalizing producers and borrowing money to pay back money you already owe.
In a classic example of obamanomics, Michelle obtained new credit cards to help pay on her maxed out older ones.
by godawggo July 12, 2009
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Economic practices of President Barack Obama characterized by confusing stimulus funding that comes with a catch, record deficits that exceed previous 4 year record numbers in just six months and obvious socialism of private business.
Hey dude, the government couldn't sell whores and whiskey in Vegas when they took over the Mustang Ranch and it failed. How they gonna sell cars?

Shut your mouth bitch, thats obamanomics at work.
by mule52 July 20, 2009
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The "soon to become popular" term that will come to represent President Elect, Barak Obama's failed, socialist-influenced economic plan.
"let me get this straight. The more financially successful I become, the more money the government will take from me? And, MY money will be used to fund idealistic, social welfare programs, which have already been proven miserable failures in every country in which they've been implemented? Welcome to the wonderful world of Obamanomics!"
by doctorpinkfreud November 12, 2008
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When a individual says one thing and does another. Making Americans Jobless. Taking away freedom. Trying to change the Constitution. Leaves Office worse than when he took office. A socialist in demacratic clothing. a unemployment rate in the Multi Millions.
Obama is the perfect example. Also see Bill Clinton and Jimmy Carter. Obamanomics the use of lies for future losses.
by FORTHEPEOPLEMAN March 16, 2013
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