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The only we way we will know is if Romney runs again and wins. He is much better at business issues than Obama, and would do better for the economy. Obama has ran up an astronomical debt, more than all previous presidents combined.

another answer:

The claim that President Obama has run up more debt than all other presidents combined is a myth and it has long since been debunked by fact-checkers (I enclose a link to one of them). But that said, many Republicans did in fact believe that Romney had a better business background than President Obama. However, the debt and economic problems in a global economy are much more complicated than ever before, and no matter who is in the White House, he (or she) would not magically be able to fix everything. Democrats would say Mr. Obama inherited a mess from President Bush and due to that and world events, plus Republican obstruction, the economy has not bounced back. Whether Mr. Romney could have done better remains to be seen, should he run for office at some future time.

According to Factcheck.org, the debt held by Americans rose to a record 89.3 per cent during Obama's first five years.

When he took office, the debt was 10.6 trillion dollars. Today, it is 16.7 trillion dollars, an increase of 57%. And those are facts. President Bush labored with a democrat controlled congress for the second term of his tenure. It is time Obama owned this mess, and quit blaming Bush.

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