A look at key events during the first 100 days of Barrack Obama's presidency:
My grade of Obama’s first 100 days would be a C as it wasn’t all that good but not all that bad either. For me, 100 days is not enough time to evaluate a person’s performance, of course I also believe the increased size of government will have its impacts as well later down the road, but two things stand out that made me grade his 100 day performance a C.
- The Economy, which is not improving.
- Radical government spending which is creating a massive debt for us and our kids.
1. The Economy:
Some say the economy is improving based off the upswing in the stock market. Really? Upswing? The stock market’s value at one time was at 13,000 and it’s about 8,000 now. I wouldn’t call this a recovery. We are still in a bear market, The GDP was lower than expected in the first quarter of this, unemployment has still been rising, home foreclosures are also still on the rise, credit still has not loosened up, and certain banks are still in financial trouble. Now add GM to a list of possible bankruptcy and this will add to the woes of the economy.
Nothing that Obama did made the financial market any stronger or stable either; look at all the money pumped into this arena and yet nothing has improved to the point some of the troubled institutions could survive on their own. We just made
Unfortunately the economy is still contacting, regardless if the fed and the government tells you that it’s showing signs of life. Our government is telling you this to boost consumer confidence, which is not a bad strategy, but it’s a setup for what the government fears and that is the next wave of layoffs.
2. Radical Government Spending:
The Obama administration has done one thing that has succeeded. Creating debt that we will not be able to pay back in our lifetime. Our kids will inherit that debt and beyond. Each person under the age of 25 owes $63,000 in debt and that is just on the interest alone. Even if Obama has a 100% success rate on all this spending, we still owe this money. So whatever the outcome, the debt is real and his gamble will cost
All of us either state or federal will be paying higher taxes regardless of what the administration has said about a tax cut. It’s just not possible to collect it all from the people making $250,000 or higher.
These higher taxes which will be on small business, corporations, utilities, and a host of other categories will add to the unemployment numbers and curb consumer spending, so we may never fully come out of the recession with this burden.
Now Obama has succeeded in becoming the most active President in American history in the first 100 days, but I say what good is it to hit all multiple topics which resulted in minimal or nothing at all? I.E The Stimulus Package, nothing resulted from this, at least not the short term, it’s too hard to say if in the long term it will have an impact.
List of the key events:
Jan. 22: Obama orders the closure of
Jan 23: Obama lifts ban on federal funding for international organizations that perform or provide information on abortions.
Jan. 27: Obama gives first formal television interview as president to Arab television station, telling Muslims, "Americans are not your enemy."
Jan. 29: Obama signs first bill into law, the Lilly Ledbetter Fair Pay Act, making it easier for workers to sue for pay discrimination.
Feb. 3: Former Senate Majority Leader Tom Daschle, D-S.D., withdraws as Obama's nominee for secretary of health and human services.
Feb. 9: Obama holds first prime-time news conference, urging Congress to enact his economic stimulus plan.
Feb. 12: Sen. Judd Gregg, R-N.H., withdraws as Obama's nominee for secretary of commerce.
Feb. 13: Congress completes action on a $787 billion economic stimulus package of tax cuts and new spending, intended to jolt the country out of the worst recession in 50 years.
Feb. 17: Obama signs the stimulus measure into law.
Feb. 19: Obama makes his first visit to a foreign country as president, meeting with Canadian Prime Minister Stephen Harper during a seven-hour visit to
Feb. 22: Obama hosts governors in his first formal dinner at the White House.
Feb. 23: Obama holds a fiscal responsibility summit at the White House, signaling his intention to tackle health care, the budget and Social Security.
Feb. 24: Obama addresses a joint session of Congress for the first time, focusing on economic issues.
Feb. 26: Obama unveils a $3.6 trillion federal budget for 2010 and estimates the federal deficit for 2009 will balloon to $1.75 trillion.
Feb. 27: Obama announces withdrawal of all American combat forces from
March 5: Obama hosts daylong White House summit on health care.
March 9: Obama reverses President George W. Bush's ban on federally funded embryonic stem cell research, and declares that all federal scientific research will be walled off from political influences.
March 11: Obama signs a $410 billion spending bill to keep the government running for the rest of the 2009 budget year. He calls the measure "imperfect" because it includes money for special projects set aside by members of Congress, a practice he pledged to end during the 2008 campaign.
March 16: Obama declares he will stop insurer American International Group Inc. from paying millions in executive bonuses after receiving billions in federal bailout funds.
March 19: Obama becomes the first sitting president to appear on the "Tonight" show.
March 20: Obama releases video message to people of
March 26: Obama holds "Open for Questions", the first virtual town hall meeting at the White House.
March 27: Obama announces comprehensive new strategy for
March 30: Obama asserts unprecedented government control over the auto industry, rejecting turnaround plans by General Motors Corp. and Chrysler LLC, and engineering the ouster of GM's chief executive, Rick Wagoner.
March 31: Obama travels to
April 1: Obama meets with Russian President Dmitry Medvedev and announces start of negotiations on new strategic arms-control treaty.
April 1: Obama and first lady Michelle Obama have a private audience with Queen Elizabeth at
April 2: Obama attends the Group of 20 economic summit in
April 3: Obama speaks and takes questions from crowd of mostly French and German citizens at a Town Hall meeting in
April 4: Obama attends NATO summit in
April 5: Obama launches an effort to rid the world of nuclear weapons, calling them, during a speech in
April 6: Obama speaks to
April 7: Obama pays a surprise visit to
April 9: Obama sends a request to Congress for $83.4 billion for military and diplomatic operations in
April 10: Obama says the economy is showing "glimmers of hope" after meeting with top economic officials.
April 12: Obama authorizes a military rescue of an American sea captain taken hostage by pirates in the waters off
April 13: The administration announces that Cuban-Americans will be permitted to make unlimited transfers of money and visits to relatives in
April 14: The Obamas introduce their new puppy, Bo, in a photo session on the White House lawn.
April 16: Obama meets with Mexican President Felipe Calderon on his first trip to
April 17: Obama releases memos from Bush administration authorizing harsh interrogation techniques but says no CIA employees who followed the memos will be prosecuted.
April 17: Obama travels to
April 18: At the summit, Obama shakes hands with
April 19: Obama calls on
April 20: Obama holds the first formal Cabinet meeting of his administration, ordering department heads to slice spending by $100 million, a tiny fraction of the $3.6 trillion federal budget he proposed a month earlier.
April 21: Obama leaves the door open for prosecution of federal lawyers who wrote harsh interrogation memos during Bush administration and says if there's an investigation, it should be done by an independent commission.
April 22: Obama makes his first visit as president to
April 23: Obama tells congressional leaders he will not support creation of an independent commission to investigate the Bush administration's harsh interrogation techniques.
April 24: Obama declines to brand the early 20th century massacre of an estimated 1.5 million Armenians in
April 27: Obama says the government is concerned about the spreading swine flu virus but there's not yet "a cause for alarm."