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 (an economic ideology advocated by [[liberals]]) and economic conditions greatly worsened under his administration.<ref>http://blog.mises.org/2202/silent-cal-had-a-lot-to-say/</ref><ref>http://mises.org/rothbard/agd.pdf</ref>
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An '''Obamaville''' is a tent city created by homeless people.<ref>http://www.wnd.com/?pageId=174965</ref> 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 (an economic ideology advocated by [[liberals]]) and economic conditions greatly worsened under his administration.<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 ===