A well-put summary of Obama's presidency from Heritage:

By cloaking his domestic agenda in terms of economic recovery, President Obama and his team of liberals have been able to pass the largest spending bill in history, repeal welfare reform, set us on the course to socialized healthcare, advance a very costly energy policy, impose high costs on productive people, and enact unprecedented expansions of governmental power. Furthermore, by cutting the defense budget and ordering the closing of the detention facility at Guantanamo Bay, the President demonstrates his complacency toward national security and undermines our ability to respond to future attacks.