No, President Obama is not a communist. Many right-wing commentators have accused President Obama of being a "communist" or "socialist," while those on the left of the political spectrum have accused the president of supporting conservative and market-oriented polices. President Obama's mixed record of policies tracks both right and left.
In financial and national security issues, Obama has continued many of the conservative policies of his predecessors. In other areas such as taxes, he has sought to raise taxes on the rich, a policy proposal that angers many conservatives. Obama is a centrist liberal democrat, ideologically similar to former President Bill Clinton.