It's not entirely his fault.
Quite frankly, the budget numbers as they were before he was elected were pretty much fiscal fantasy - assuming that the boom times would last forever. I'm pretty certain that we would have returned to deficit spending one way or the other once the bad times hit.
On the other hand, I'm sure he's made the deficits worse than they had to be with the cuts...
Any deity worthy of a graven image can cobble up a working universe complete with fake fossils in under a week - hey, if you're not omnipotent, there's no real point in being a god. But to start with a big ball of elementary particles and end up with the duckbill platypus without constant twiddling requires a degree of subtlety and the ability to Think Things Through: exactly the qualities I'm looking for when I'm shopping for a Supreme Being.