Obamanomics refers to the economic policies of former US President Barack Obama.
The term is often associated with the stimulus programs used to fight the Great Recession.
Examples of these policies include the American Recovery and Reinvestment Act of 2009, which was an $831 billion economic stimulus package, and the 2009 US auto industry bailout.
Critics of Obamanomics view this as an unjustified expansion of the government’s economic role, including increased government spending, taxation and regulation.
It is often contrasted with Reaganomics, another popular term referring to the economic policies of former President Ronald Reagan.