<shrug> Would it have been different under Bush?
Clearly it would have been vastly different under any other president. Obama has been pushing congress for all sorts of changes. Obamacare, Cap and Trade, Economic Reform, Stimulus Bills. None of these are small issues. While some might debate this, I think that deep down, everyone realizes that if you really want to create jobs long term, you need to create an environment where business are comfortable hiring. The current political climate is shifting so much that no one wants to do that until things slow down and they can figure out what the rules are going to be.
I think the question you really want is would it have been better under Bush? That's a question no one can know for sure, but I don't see that as an excuse for Obama.
DF - I don't know that I necessarily know more of the facts than anyone else, but I have spent a lot of time looking at different sides of this. There are a few things concerning Obamacare that no one really disputes. For example, entitlement programs, such as medicare and social security, are a huge portion of the federal budget, as is "defence" spending (I put "defence" in quotes because many would argue that the current wars are not in the interest of defence, but in aggression. I'm on the fence). Obamacare isn't government-run healthcare and I personally have been careful not to call it that, but it's designed to lead in that direction in my opinion. It certainly raises the cost of healthcare.
What I can say about Obamacare is that they have manipulated the money to make it seem like it is not going to be as expensive as it is. What was submitted to the CBO was a plan to start collecting additional taxes immediately, but the plan itself would not kick in for 4 years. When they look at a 10-year budget, therefore, the CBO says that it won't increase the deficit by more than X. But that's based on 10 years of tax collection to pay for 6 years of Obamacare. What are the costs once the 10 years have past? This is why I say it's just another huge entitlement program that is going to end up forcing the government to increase taxes and create an additional burden on the budget.
It is also well accepted that Medicare and Social Securty costs are one of the fastest growing pieces of the federal budget. Much of this is likely due to the baby boomer's reaching retirement age, so you cannot simply state that entitlement programs grow unbounded. Regardless, if you believe that the purpose of a government is to provide infrastructure, public goods, and the rule of law, there is no reason that any of these entitlement programs should exist in the first place. But that is an entirely different discussion.
For the record - I also completely agree with DF about the federal government forcing health insurance. It is certainly NOT the same as auto insurance, which is only required if you actually want to drive. Not driving would certainly be a huge inconvenience now days, but it can be done.