Classical liberalism = libertarianism. Modem liberals (and "conservatives") in America are hypocrites, arguing for less government but increasing it every chance they get when no one's looking
Sounds like the best description.
From Europe, American liberalism is probably what we would call social-liberalism, and libertarianism is either European liberalism or something a bit more to the right of it.
I would probably identify with being social-liberal, wouldn’t mind being called (European) liberal, and would almost be offended to be called libertarian.