Throughout its history, America has experienced many kinds of bubbles. The 19th century brought us a railroad bubble, the 20th, an Internet bubble. Now, 100 days into a new presidency, America has replaced the housing bubble that opened the 21st century with an Obama bubble. But while bubbles usually convey negative connotations, the “Obama Bubble” is one that we in America — and the rest of the world — desperately need. When George W. Bush came into office, the United States was still perceived by most countries as an ascendant nation — one reviving the infrastructure of its post-World War [...]
No president could restructure U.S. national security strategy in 100 days. It is possible to announce new strategic concepts and goals, and to make some time-urgent changes. In practice, however, it takes months to translate strategic concepts into detailed plans and budgets, and even the most urgent actions take time to implement. A major restructuring of U.S. procurement or military end strength can take several years to implement, and the same is true of any major reorganization of a key department and the interagency process. Changing America’s Image That said, having inherited one of the worst presidential legacies of the [...]
President Barack Obama entered office with such an inflated cloud of expectations hanging over his head that it is not surprising that some are criticizing him now for his “failures.” After a mere 100 or so days in office, why hasn’t he solved the global financial crisis, reversed global warming and brought peace to the Middle East? On the other hand, some of his partisans are wont to claim major foreign policy successes for the new administration because of the president’s personal popularity and the tumultuous acclaim he has received during his overseas visits. Yet during his first few months [...]
