I think that you are on to something there. Trying to outdo the old boss either to impress or show him up…
Biden doesn't really have any policies. He's more the status quo kind of guy. As to Obama, what were is "failed" policies? As far as I remember, times under Obama were pretty good. Isn't that the new standard that Trumpers hold up to defend the Trump years? Of course, if you had listened to the Obama haters between 2009 and 2016, you would have thought the world would have come to an end any minute now.
You're seeing ALL those "failures" because RW news views EVERYTHING President Biden does, and EVERYTHING President Obama did, through **** colored glasses. Both President Biden and Obama accomplished many good things for These United States, but you'll never hear about it on Faux or Blightfart. But the simple answer to the OP title is; NO!!!