Although I'm not a big Obama fan but when you consider the overall condition of the country I'm thinking there's been some poor judgments before he came along.
Obama turned what would have been a more extreme but cyclical business cycle into the most extreme recession the US has ever seen. His fiscal policies are directly responsible for the current economic situation. He is in the middle of his campaign promise to fundamentally change the United States. Although he didn't elaborate how he wanted to change it, from his actions and not his words you can see he wants a socialist society where government is the primary provider and he is the dictator.