As President Joe Biden approaches his 100th day in office, analysts are evaluating his initial months on the job, finding hits and misses. The US-Mexico border issues are the main thing Biden is getting wrong or needs to work on, according to Larry Sabato, director of the Center for Politics at the University of Virginia. The 46th president’s administration has struggled to handle an increasing number of migrants arriving at the border, drawing much criticism from both Republicans and Democrats and independents.
“It is the main policy area where the Americans already rate it low,” Sabato told MarketWatch. See: Southern Border Issues Affect Biden’s Immigration Approval, Poll Finds Biden’s White House has made an effort to avoid describing the situation at the border as a “crisis.” The skirmishes over terminology are “evidence that what’s happening at the border has definitely tripped up the Biden administration,” said Matthew Continetti, a resident fellow at the American Enterprise Institute, a conservative think tank. Another problem has been Biden’s handling of former President Donald Trump‘s refugee cap, according to Sarita McCoy Gregory, who chairs the department of political science and history at Hampton University in Virginia. Biden finally said after pressure from allies that he plans to raise the cap by May 15. “The Biden administration appeared to fail in trying to keep the low ceiling for refugees established by the previous administration,” Gregory said. Additionally, he said, the administration still needs to work on college affordability issues, such as student loan forgiveness. On the foreign policy front, AEI’s Continetti criticized Biden’s effort to convene talks with Iran to get both countries to return and comply with an agreement limiting Iran’s nuclear program, calling it “rushing into negotiations” and warning that the president could “give away too much.” Thursday marks the 100th day since Biden’s inauguration on January 20, though the milestone falls on Friday if you count the full days on the job. What Biden is doing right The COVID-19 pandemic and the economy are the two biggest issues for most Americans, and so far, people are satisfied with Biden, Sabato said. There are setbacks with the national vaccination program, but in general everyone “can finally see the light at the end of a very dark tunnel,” said the University of Virginia academic. With the economy, there are some concerns about inflation, but overall Biden looks good. Related: Biden Implements Tax Credits For Businesses To Encourage Paid Time Off For Vaccines As It Has Met The 200 Million Vaccine Target Henrietta Treyz, Director Of Economic Policy At Veda Partners, Said Biden’s Team Has Been “Impressive “By getting a $ 1.9 trillion aid package he enacted and put a $ 2.3 trillion infrastructure plan on the way to become a reality later this year, even as Democrats barely have control of the Senate and House. His administration’s “disciplined approach to messaging” has resulted in two bills in a row “with approval ratings of more than 70% among the American public,” he said in an email. “I can’t remember a time in the last decade or more when two [$2 trillion] laws passed back-to-back with that kind of approval across the country. “AEI’s Continetti said Biden is” getting very good marks on his handling of the pandemic and vaccine distribution, “adding that it” just demonstrates the power of conduct. and personality. “” His policies are not that different from the pandemic policies of the Trump administration, but the way he communicates, the way he models his own behavior, I think the public appreciates it very much, “Continetti said in an interview. Gregory of Sabato and Hampton also praised Biden’s demeanor. His administration has “conveyed a sense of concern and empathy for what grieves the hearts of Americans,” Gregory said. He added that it has been “comforting” to see the Vice President Kamala Harris accompanying the president and having presented speaking roles on many important issues. Sabato said she gives the Democratic president an “A + for style” following the trend of Trump to stun on Twitter TWTR, -0.45% and at events. “There cannot be many Americans outside of the Trump cult who are not happy and relieved that Biden is generating so little drama. Boring tweets. No harangues at rallies and press conferences, ”Sabato told MarketWatch. On foreign policy, Sabato said Biden deserves credit for making allies abroad feel more secure in the United States through actions such as putting Russia “back on notice.” See: Biden’s break with Putin’s applause under Trump inspires tougher lines on Russia across Europe From the archives: How much money was President Trump’s Twitter account worth? Stock Market Gain Assessment Since Biden’s inauguration on January 20, the S&P 500 SPX Index, + 0.18% has gained about 10% and the Dow Jones Industrial Average DJIA slightly less. So what’s behind the stock market rally during Biden’s first 100 days? “We’re in this kind of sweet spot,” Continetti said. “Biden’s tax plans have not kicked in. The main regulations that you are undoubtedly thinking about, in terms of the environment, have not gone into effect. And at the same time, we have a huge amount of money that is flowing through the system, so I think the economy is going to grow and there is no question about that. “But the AEI analyst highlighted the market crash on Thursday, which was widely attributed to reports that the Biden administration was considering an increase in capital gains taxes. That drop “illustrates the dangers here that some of their tax and regulatory policies could reduce productivity and could reduce growth.” When asked about the liquidation, White House press secretary Jen Psaki noted Friday that the market was already recovering from the previous day’s slump. Read: Biden has pledged to tax The Rich But How Exactly Will You Do It Experts Consider Your Options See Also: Threat of a Capital Gains Tax Hike Couldn’t Keep Stocks Down. Here’s Why Plus: P repair for $ 178 billion of sales before capital gains tax increase. clear course of action in most policies ”are contributing to the advancement of the market. Veda Partners’ Treyz, an investment advisor and consultancy, tied the earnings to vaccines for the most part. “I think the vaccine is the main player in general, but to link the administration with the market, I would say that the investment community in general overestimated the extent to which the 2021 Congress would be led by the progressive wing of the party,” he said. Investors have also “registered an upward surprise” to events, including the breach of the federal minimum wage of $ 15 an hour and the absence of tax increases associated with the COVID relief bill and “perhaps an assessment more realistic of what can happen in the next infrastructure bill, “he said. What lies ahead After the infrastructure bill, it is “very likely that no other proactive legislation will be passed in the next three years,” Treyz said. “For that reason, I think investors should anticipate significant action on the global stage, around trade, tariffs, digital taxation and other multinational and executive action-based fronts starting in 2022. [to] 2024. “Meanwhile, Sabato said he’s often forced to think about how Biden is 78 years old. The president ranks as the nation’s oldest commander-in-chief, surpassing Ronald Reagan, who was 77 when he left office. “At least once a day they ask me about Biden’s age and if that is having any effect,” Sabato said. “I wish him good health, but if we ever get to the point where the disease is negatively affecting his performance, We’ll find out. You can’t hide something like that for long, and every White House leaks like a sieve eventually. ” From The Archives: Was Joe Biden The Victim Of An Age Attack In The Democratic Debate? Biden is in a good place now, but there are signs that trouble is coming, Continetti said. “You can see the immigration issue as a sign of potential problems,” he said. “You can see the crime issue, the rise in crime, as another place where there are potential problems. And then of course the inflation spectrum, where we see some inflation and the question is [whether it’s] it’s going to persist and what its effects could be on the broader economy. “Read on: Summers Says Fed Should Express More Concern About Inflation Outlook