Bloom was hired to build teams in which the long term is balanced with the short term. Dombrowski kind of blew out the long term outlook of this team. Building it back takes time, roughly 5 years. In the meantime, Bloom should be doing exactly what he's been doing. He hasn't been perfect, but IMO, his strategy is spot on. Right now, things are going terribly wrong, but last year's team was very competitive, as is this year's team when healthy.
IMO, once the long term sustainability goal is reached, we will see more of the "big market" type moves that most people want to see, though I'm not sure if Bloom will ever sign a player to a 10+ year contract.