This, quoted from the third paragraph here:
Liberalism, says what I was trying to say:
... In Europe, the term "liberalism" is closer to the economic outlook of American economic conservatives. "According to Harry Girvetz and Minoque Kenneth "contemporary liberalism has come to represent different things to Americans and Europeans: In the United States it is associated with the welfare-state policies of the New Deal program of Democratic President Franklin D. Roosevelt, whereas in Europe liberals are more commonly conservative in their political and economic outlook".[8]"