They're also interchangeable... an electric field creates a moving charge which itself generates a magnetic field. Interesting but fairly pointless fact, is that if you are in the rest frame of the electron the electrostatic and magnetic forces swap over... so what was the electric field becomes a magnetic field and vice versa. It's a relativistic effect.
the word static really refers to the fact that they are not changing in time... so all the time dependence of the equations disappear. You can have magnetostatics too. electrostatics are therefore easier to deal with mathematically.
However, from a relativistic point of view, there is actually only the Coulomb (electrostatic) potential. Magnetic forces are caused by the nature of space-time...which is cool, I think.