George's Bottom Line

Reporting and analysis from ABC News Chief Washington Correspondent and "This Week" Host George Stephanopoulos

George Stephanopoulos reports on events in politics, Congress and the White House for ABCNews, on the air and online. He interviews top newsmakers, discusses the events of the week and looks to the week ahead each Sunday on 'This Week.'

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Grading Obama's Transition

December 04, 2008 7:36 AM

It's been 30 days since President-elect Barack Obama was elected. And what we've seen so far is that he's managed his transition with the same kind of precision and discipline that he managed to show during the campaign.

#1: Personnel and Cabinet Appointments. He's ahead of the pace of past president-elects. So far he's had eight cabinet appointments including his core economic and national security team.

That outpaces President George H.W. Bush who had five by this point, and far ahead of President Jimmy Carter who had two, and President Ronald Reagan who had one. President Bill Clinton had not named anyone to the White House or the cabinet at this point in his transition.

So Obama's doing quite well.

#2: The Market.

These appointments have made a difference, especially on the economy.
Remember two weeks ago that the stock market was tanking, in part because of a concern of a power vacuum in Washington.

But when the Obama Team leaked word that Timothy Geithner would be Treasury Secretary coming in, the market jumped 500 points. The market is now 1,000 points above where it was before the Obama economic team was named.

#3: Bipartisanship. Finally he's also made good on his promise of bipartisanship. That early meeting with Sen. John McCain, his former opponent, setting the tone. He also appoints Bob Gates, President Bush's Defense Secretary and head the Pentagon at least for a year.

And everyday over the next week there were new appointments, boosting the market further. He also reached out to the most powerful Republican in Washington right now, Senate Minority Leader Mitch McConnell.

It's hard to imagine this transition going much better for the president-elect.

--George Stephanopoulos

December 4, 2008 in Barack Obama | Permalink | Share | User Comments (161)

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what was that sound... oh unified voices from those who are smart in Washington all saying...

"oh...this guy looks good"

the other sound ...

silence from the morons

Posted by: dl | Dec 4, 2008 7:56:06 AM

It is hard to imagine, but trust me-- Rush Limbaugh and his ilk will find something to bash about this. They are bound and determined to undermine this administration no matter what. Obama is going to be a great, great president and leader.

Posted by: ariel | Dec 4, 2008 8:31:13 AM

George, be careful, if Barack Obama comes to a sudden stop your face could get lodged in his crack.

Posted by: Jon | Dec 4, 2008 8:31:49 AM

So, let's get this straight: speedy cabinet appointments suddenly means he is more effective? Or does it mean he spends less time considering them? Or maybe, since he doesn't really know anybody in DC, he's just going with whoever long-time Democrats tell him to? And the market is now great because of his cabinet picks? It was down 700 points just the day before yesterday. What happens if it goes down again this week? Bipartisanship? Appointing one token Republican constitutes that I guess? And he "reached out to McConnell"? So, he makes a phone call to a Republican and now he is a model of bipartisanship? Man, I thought all the kool-aid was consumed during the campaign! I see it's still being chugged daily.

Posted by: Jon | Dec 4, 2008 8:36:17 AM

I'm not sure how you assess someone's actions when all he's done is pick his team. If that was all it took, we wouldn't need an NFL season or superbowl, we'd just let the press decide who had done the best job of picking players. Are you people serios?

Posted by: Mark | Dec 4, 2008 8:37:44 AM

Obama rocks and is a super achiever. At least one thing 53% of the Americans who took the trouble of casting their vote in the presidential election a month ago have done right and can be proud to be Americans with pride in their democracy once again. I have always been proud to be American since I became one but I had no pride in the the American administration for most of the past 8 years since the loss of Al Gore. Of course Obama has daunting challenges and the shambles left for him to take care off but a good beginning takes care of half the battles. We can hope again that the better days of America are ahead of us.

Posted by: gjkotw01 | Dec 4, 2008 8:45:47 AM

So far I am very impressed. I hope he keeps it up.

Posted by: Kathy | Dec 4, 2008 8:49:24 AM

I see the haters are coming from behind their rocks early. Any good news about ours and your new soon-to-be President you will find something to bash him on. At least he is starting out on the right foot, unlike our current President who neither started or is ending on anything right.

If Barack had not started picking his cabinet you guys would be criticizing him for that. You all say folks bashed Bush and now you can do the same to Barack but the problem with that is Barack is not even President and Bush has been for 8 LOOOOOOONNNNNNNGGGGGG Years. Bush has made his bed for America and it is not good, that is why he will be looked upon as the worst president ever along with Carter & Nixon. If you hate mongers get your heads out of Limbaugh, Hannity, and other useless radical blowhordes cr#$ks you might realize that you have one of the most intelligent Presidents soon-to-be in office in years. I believe Obama has shown that he is in touch with the American people (especially the middle working class). He is not a silver spoon baby he worked hard to get where he is, without knowing people at the top. Give the man the opportunity to do what he feels he needs to do in order to clean up the crap pile Bush and his administration is leaving upon America. It is sad to think that even in the 4 years he will be our President that if he can somewhat get a handle on this economy mess and get us on some good tracking and you haters see the difference in your life, I bet you still will have a sour puss face towards him, yet you will happily be going to the bank to deposit your increases that has been received from the fruits of his and the new administrations labor for the American people.

Haters are funny, thank God you aren't the majority!

Posted by: Let it Begin | Dec 4, 2008 8:52:53 AM

It just amazes me how the left bashes Rush Limbaugh for being critical of Obama, yet for from Day ONE of Bush's election, we have heard a non-stop feed of highly critical, rude, denigrating bashing from the left. A taste of their own medicine must be a bitter pill to swallow, eh?.

Posted by: jbjm13 | Dec 4, 2008 8:56:44 AM

given obambi has just recylced the Clinton team , what was there for him to manage?


anyone notice barry dropped his tax on oil profits?

he conned you

Posted by: barroap | Dec 4, 2008 8:56:49 AM

I promise to give Borat Obama all the respect that Democrats gave George Bush the last 8 years.

Posted by: Emma Morrow | Dec 4, 2008 8:59:54 AM

Mark/Jon,

You guys have been watching too much Faux News.

What is with all this negativity?

Can you ever find anything good in what Obama does.

The election is over guys.

Stop listening to Limbaugh and Hannity. They are bad for your long term health.

Posted by: Steve_NJ | Dec 4, 2008 9:02:46 AM

The only weak point in the transition is OBie.

Posted by: jkantor | Dec 4, 2008 9:04:37 AM

Let_It_Begin - nobody reads book-length posts, just so you know. The left is so desperate to prove that Obama is the greatest thing since sliced bread, they will even present non-actions as the greatest non-actions ever! Face it, he hasn't done anything except retread a bunch of past appointees from the pre-Bush days. Oh yeah, and he flip-flopped on getting additional tax revenue from the oil companies.

Posted by: Jon | Dec 4, 2008 9:04:38 AM

Steve in NJ - come on dude, if you are going to single me out, at LEAST come up with something other than "you must listen to Rush Limbaugh all the time". I couldn't even tell you where to find his radio program. Believe it or not, I'm free to dislike socialists on my own, without listening to the radio. If you can't be entertaining, at least try to be original ok?

Posted by: Jon | Dec 4, 2008 9:07:45 AM

So much for change. We're about to get a repeat of the Clinton years so expect to be taxed to death.

Posted by: pepper3123 | Dec 4, 2008 9:09:48 AM

Bush earned the respect he's gotten: 0. You Repubs seem to forget that praise or respect is to be earned or lost based on performance. There's a reason your guy, your party are in the tank. You think alike.

Posted by: Brant | Dec 4, 2008 9:12:34 AM

Speedy cabinet appointments are better? I had no idea. I remember back in school, the highest grade always went to the one who finished the math test first, right?? Oh wait a minute.......nevermind.

Posted by: LeatherDog | Dec 4, 2008 9:15:59 AM

Jon,

Amazingly the only socialist program you ever loved is "Corporate Welfare" and the recent doling out of $0.75 Trillion to Wall Street.

Boy, you Republicans are such bold-faced hypocrites.

Posted by: Steve_NJ | Dec 4, 2008 9:16:56 AM

Brant - "praise or respect is to be earned or lost based on performance" is what you said. And so, why exactly is it that you praise and respect Obama? Because of his extensive performance record?

Posted by: Jon | Dec 4, 2008 9:17:25 AM

Steve_NJ - you are a total tool. I completely do NOT support bail-outs. As most Republicans and free-market (that's non-socialists) feel the same way. In fact, MY Congressman voted against it. What did yours do? Or don't you know? Or does your extent of political involvement end here on the abcnews message board?

Posted by: Jon | Dec 4, 2008 9:21:26 AM

So I would like to welcome the opposing views of Obama! I am all for my man Obama, but some of the comments coming from the other side make sense too. You can't have one w/o the other and Obama needs praise just like he needs criticism. And we all need to remember to stay humble and also do our part. He's leading the pack and we should follow! He doesn't get flustered or upset (visually) about those comments, thoughts and opinions not aligned with his own and we should do the same because at the end of it all we are all human and Obama will be the President of the UNITED States of America. Get used to it!!!

Posted by: Balance | Dec 4, 2008 9:22:10 AM

anyone notice barry dropped his tax on oil profits?

he conned you


++++++++++++++++++++++++++
Hey Barroap, Oil has dropped to $46 a barrel since Obama has been elected. I guess the threat of the oil profit tax made big oil see the light. I guess it was you that was conned into believing that the only way to lower oil prices was "drill, baby drill". HA HA HA. By the way how much oil have we pumped out of the continental shelf since the ban expired?

Posted by: Sad_Times | Dec 4, 2008 9:24:24 AM

hussein obama the "ass clown" ... and his wife "mrs i hate america" gets a "F" from colorado......

Posted by: richard | Dec 4, 2008 9:26:18 AM

Let's see he's picked a great cabinet, said he does not want people yessing him, wants to have discussions and get ideas and opinions, speaks straight forward so everyone can understand him, tells what his plans will be and says he cannot undo this mess overnight, wants the public to take responsibility for their actions and help each other...gee I believe he has done more in a month than this idiot we have now has done in eight years!
Finally we have someone who speaks Enlish and doesn't have a deer in the headlights look!

Posted by: Barb | Dec 4, 2008 9:28:05 AM

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