Did such insulting conduct ever occur under any other President since the Cold War ended?
Where have you been? The Russians overflew the Nimitz off Japan about a year ago. Same situation, the air wing intercepted them 80 or a 100 miles away from the ship and escorted them while in range of the task force.
As others have pointed out, this was a common occurrence back in the day, even when Reagan was in office. I'd be interested in knowing exactly what all you irate folks think we should be doing about it.