This is more than a bit overdone, but this is probably the most critical segment SNL has had on Obama

Part of this was very good, particularly when the Chinese President asks how we were going to pay them back if Obama's policies "to save money involve spending even more money." I think that some of the critiques could have been sharper (did the cash for clunkers program actually help, will the government health insurance program actually reduce the number of uninsured), but this is probably the best you can get out of SNL and overall it was useful. The Chinese President so frequently bending over was somewhat overdone.