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An '''Obamaville''' is a tent city created by homeless people.  The term alludes to the tent cities called Hoovervilles that were created during the [[Great Depression]] and [[Obamunism|to the disastrous economic policies of Barack Obama.]]  Unlike the [[conservative]] [[American]] president [[Calvin Coolidge]] who successfully turned around a depression via reduced government spending and tax cuts, [[Herbert Hoover]] practiced [[Keynesian]] economics that is championed by [[liberals]] with disastrous results.<ref>http://blog.mises.org/2202/silent-cal-had-a-lot-to-say/</ref><ref>http://mises.org/rothbard/agd.pdf</ref>

An '''Obamaville''' is a tent city created by homeless people.  The term alludes to the tent cities called Hoovervilles that were created during the [[Great Depression]] and [[Obamunism|to the disastrous economic policies of Barack Obama.]]  Unlike the [[conservative]] [[American]] president [[Calvin Coolidge]] who successfully turned around a depression via reduced government spending and tax cuts, [[Herbert Hoover]] practiced [[Keynesian]] economics (and economic ideology advocated by [[liberals]]) and economic conditions worsened.<ref>http://blog.mises.org/2202/silent-cal-had-a-lot-to-say/</ref><ref>http://mises.org/rothbard/agd.pdf</ref>

=== Obama policies and return of stagflation concerns ===

=== Obama policies and return of stagflation concerns ===