Quote:
Originally Posted by Cynthetiq
Today is exactly 1 year after Obama was sworn into office as the 44th President of the United States.
How do you feel he has done? Has he lived up to your expectations? Has he lived up to the fail you expected to see?
I give everyone a chance, because actions are louder than any rhetoric and dogma. In the past year, I haven't seen Mr. Obama complete anything that he stated he would. I don't think he's done nothing, but his promises were big and grand. I don't think he delivered a single one.
The stimulus package was too short, it didn't provide enough jobs. I know of many people who got laid off, I know of not a single person who got a job based on the stimulus package. Many that got laid off are still laid...
|
The stimulus package was envisioned as a 18-24 month program and according to both GAO and CBO has created or saved hundreds of thousands of jobs to-date. States and local governments particularly have been the beneficiaries and prevented significant job loss or service cuts.
Some jobs will never come back,. but in the longer term, the goal of the stimulus program is also to retool the economy, with most of the funds not having yet been spent (by intent) with a focus on supporting new technologies in energy and health care, a national broadband network, worker retraining, etc.
Quote:
|
The banking crisis, while he gets only to work with what was left, I don't think that there was enough reform or protections. The dismantling of the Glass–Steagall Act under Clinton and not reinstated after the 2007 collapse, is politics as usual.
|
The House passed the administrations banking/financial services reform bill last month.
While it doesnt completely restore Glass- Steagall, the Wall Street Financial Reform and Consumer Protection Act proposes signficant regulatory reform of banking and financial services.
Other first year achievements:
Expanded SCHIP program to provide health insurance to millions of children of working class families.
Credit Card Bill of Rights legislation, Women's pay equity legisation.
The most sweeping land conservation legislation since Teddy Roosevelt.
The start of procurement reform.
More openness and transparency with FOIA reforms and, for the first time, barring thousands of lobbyists from serving on Executive Branch advisory committees that help write regulations.....
Not a bad first year.
I think he over-promised on the domestic side and, on the national security side, he's done what he promised, and maintained much of the status quo.