One thing to keep in mind is that Congress, not the president, controls taxes and spending. So the president is to blame only to the extent he leads his party in pursuit of big government spending programs. Given when the Democrats took over Congress, and the spending spree they went on afterwards, particularly after the Democrats took over the House, the Senate, and the Presidency, there is really little reason to doubt which political party deserves the most blame. However, we the People elected Obama and the Democrats. So ultimately, we have no one to blame except ourselves. Nobody else is wreaking this country. We are doing it. What matters is how do we fix this problem, not who is at fault.
And how do we fix this problem? We stop giving away “other people’s money”.