I hate the thought too, but I also don't think this has anything to do with Obama. He probably is in over his head and doesn't want to do what he is doing is my theory.
Of course, I beleive in a shadow govt, ie, a lot of leaders, including US Presidents, are just figure heads, which is an entirely different topic.
Yes, it would be extraordinarily painful to fix this mess, which politically isn't an option, therefore, it most likely won't get fixed unless we have some sort of revolution OR we have a big reset when everything unwinds/falls apart at warp speed.
