By competitive, I mean the team will be in the playoff hunt. I don't expect the team to dominate or run away with the division, but we will have a good chance at the postseason. Once we get to the postseason, anything can happen.
IMO, Bloom should not exceed the luxury tax this offseason. Let the reset run another year. Then, if need be, he can exceed the limit after next season, by which time we should be getting close to the Dodgers' level of excellence as a franchise built for the short and long terms. Bloom has had a good teacher and role model in Friedman.