If we were honest and classified President Obama objectively based on his actions alone, we'd label him a neoconservative corporatist in the same vein as Cheney. It's painful, especially after Bush. The truth hurts.
Searching "Team B" for it's history, of "Leo Strauss" for it's ideology is a good starting point for people interested in this topic.
The actions of the G.W.B. administration are actually fairly understandable when you consider that most of his cabinet was from Team B.
As for Obama, all indications of his pre-presidential history is that he is ideologically traditional liberal, applying the term to him is problematic, even though his actions in office could indeed be described as neoconservative.
This makes him far more difficult to assess.
we'd label him a neoconservative corporatist in the same vein as Cheney
https://en.wikipedia.org/wiki/Neoconservative
https://en.wikipedia.org/wiki/Crony_capitalism (what I mean by corporatist)
Think about those two in the context of the president's actions and come back to your statement.
Let's tally his accomplishments, shall we? He's bailed out private corporations at the expense of the middle class (ugh, don't like this phrase) through both taxes, and worse, inflation. He's not only continued the middle eastern wars, he's vastly expanded them (and I won't even mention drones). He's allowed the wholesale spying on Americans. Increased the size of the incompetent DHS. Basically said that murdering Americans without due process is alright. He hasn't legalized gay marriage. He hasn't decriminalized marijuana. What political ideology does that sound like? The president has only been 'liberal' on one point: healthcare. Even there, he basically handed (well, forced) over all our healthcare to private corporations. And our healthcare is still expense, even more so!
Look, President Obama is neither liberal or conservative, he's a political opportunist who's actions happen to align with the neoconservatives minus the religious stuff (thankfully). I doubt it's intentional, but if it walks like a duck...
Obama pulled us out of Iraq and Afghanistan more or less on schedule. And he kept us from getting sucked into Libya and Syria, except for extremely minor aid like the 2011 no-fly zone, and arming the rebels in Syria.
Obama has used executive orders to promote policies like reducing allowed federal standards for carcinogens, promoting open data standards, and much else. http://blog.okfn.org/2013/05/10/government-data-open-and-mac...
From TFA: "the CIA sees Obama as a valuable asset in putting a pretty face on our wars in the eyes of foreign populations."