Since when did NObama need an excuse to blame Republicans? There can be no deal when one side refuses to “deal” but will only agree on capitulation. Besides, there is no “going over the cliff” because we have gone over long ago. Really, 16 trillion in debt and we pretend to want to pay it back? That will never happen. Our kids and grandkids are doomed to ever increasing taxes.
The $6 trillion under Obama will certainly never be paid back since there is no outside entity to pay it to. The $6 trillion windfall for the government resulted from increasing the money supply, and no government will ever conduct a counter-active decrease the money supply by destroying money that it holds. So the resulting inflation is here to say, which in effect becomes the biggest, most regressive tax increase since the Carter Administration. Our purchasing power for groceries has declined by one-third over the past four years. That's the dirty tax increase that no one talks about. Government has stolen from us our ability to purchase groceries, and they have done so by printing up $6 trillion in new money, part of which went towards food stamp handouts for the purpose of buying votes. So that one-third of groceries that you can no longer afford is now given to people who don't work. It is a gargantuan wealth redistribution ploy that our Republican Representatives have actually aided and abetted.
People are worried about Obama instituting reparations for slavery? Suckers! He's already doing so now. And if our GOP House votes to raise the debt ceiling even more, these reparations will only grow bigger.