Republicans will be able to say, “we told you so”

…what happens now that Obama has gotten his way? It will soon become apparent that the fiscal cliff deal, including precisely the tax increases that Obama has been demanding for four years, makes hardly a dent in the deficit. At best, it will reduce the deficit by five or six percent. We will continue to run up deficits of close to $1 trillion a year, and the national debt will continue to grow, as Obama has always intended. This fact can’t be hidden; it will be reported. Journalists who have pulled their punches in the past because they wanted Obama to be re-elected will now begin to ask, what are we going to do about the deficit and the debt? At some point, perhaps sooner rather than later, interest rates will begin to rise, at which point the debt issue will become a crisis. And Republicans will say: we told you so.

Rob Port is the editor of In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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  • banjo kid

    I would not hold my breath to hear of the news media dissing Obama or his policies . They wanted it and now they have it we all will live with it .

  • Neiman

    Elections have consequences, you elect a Marxist – you get a European style socialist state, so everyone can stop bitching.

    The truth is everyone says the debt cap is a false issue, Congress and Comrade-Chairman Obama incurred the bills and we must pay them and do not look for any spending cuts – it ain’t happening.