Chris: Jack! Did you see Obama's speech last night? I thought it was even better than he afternoon press conference, and way better than his morning briefing.
Jack: Oh Chris, you obamanologist, how lovable you are indeed.
Chris: I guess I am an expert in obamanology.
Jack: You are, no get back to watching CNN and quit wasting your timetalking to me. You've got a President to follow.
Chris: Yes Sir!
Obamaconomy (n.) 1. the structure or conditions of economic life in the U.S., as managed under President Barack Obama; 2. The economic plan and policies of the Obama Administration; also : a recessionary economic system inherited from Former President George Bush, as characterized by a large government deficit and job losses.
The act of government acquiring all or part of private sector businesses, competing directly with private businesses or otherwise interfering with the the economy, usually to it's detriment.
President Obama now owns two auto-manufacturing companies, oil sands and offshore drilling leases, interest in several hundred banks, and enough real estate holdings to make Donald Trump envious, it's an Obamanopoly.