"Moreover, the notion that Bush was a big deregulator is false. Contrary to public perception, Bush increased government control of the economy. The Fraser Index shows that economic freedom in the U.S. began to increase under Reagan then peaked in 2000 after eight years of Clinton. Since 2000, economic freedom in the U.S. has decreased, such that the U.S. had less economic freedom in 2006 (the latest year for which data is available) than in 1980; we had more economic freedom under Carter than we did under Bush. The handful of other nations that lost economic freedom during that period includes Zimbabwe, Venezuela, and Myanmar."
from this article (emphasis mine)
I have said before that, from the perspective of a Libertarian, the Obama presidency will probably not be any worse than the Bush presidency.