by Carolyn Roarty November 05, 2008
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."
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."
by terryzz February 24, 2009
A proposed economic plan by Barack Obama, supposedly more market oriented than Hillary Clinton's plan
Guy 1: Dude have you heard about Obamanomics?
Guy 2: No, what is it?
Guy 1: Uh... I think its like Reaganomics.
Guy 2: Do you even know what Reaganomics is?
Guy 1: Uh no actually I don't.
Guy 2: You are such an idiot
Guy 2: No, what is it?
Guy 1: Uh... I think its like Reaganomics.
Guy 2: Do you even know what Reaganomics is?
Guy 1: Uh no actually I don't.
Guy 2: You are such an idiot
by Stockholder February 13, 2008
"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.
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.
by Mike in Centennial July 21, 2009
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
The economic practice of spending US taxpayer money to nationalize private business with intentions of creating a socialist society. This is the polar opposite of Bushinomics (Capitalism run awry).
Obamanomics has been used in The United Socialist States of America to create wonderful programs like socialized health care. The government did such a wonderful job with Social Security, why not hand over medical care, retirement, and enjoy the bread lines created for the well being of American citizens.
by Botulism Made Me Crap My Pants February 05, 2009
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.
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, if I need more money, I'll just get pregnant again. Obamanomics is gettin my ass paid!!!
by Tell It True May 04, 2010