Steve Forbes, editor-in-chief of Forbes magazine, says he expect President-elect Barack Obama to be forced by the economy to "govern from the center," not the far left, as some fear.
"When Clinton came into office, the economy was growing at a 4 percent rate at the end of 1992. Now we have negative growth. Last quarter was 0.3 percent decline,” Forbes told Fox Business News.
“So, short term, yes. Obama will move to the center. He is a calculating enough man to know you are not going to be effective in office if you do things that people think are destructive to the economy."
The mounting federal debt, for one, will hamper Obama's far-left impulses, Forbes said. Federal spending could exceed $1.5 trillion, pushing up the government's fiscal year debt by more than 25 percent in a year.
“He wants to get re-elected. He can't blame George Bush four years from now if the economy is not doing well."
Conservative commentator Rush Limbaugh strong disagrees with the notion that Obama will move to the center once in power.
Limbaugh says that Obama’s team e-mailed 3.1 million contributors and volunteers for the Obama campaign on election night to say that he would be back in touch.
Limbaugh believes that Obama will summon his volunteers to cajole members of Congress who oppose his initiatives with targeted e-mails and phone calls. He believes conservatives are naive to think that a centrist administration is in the offing.
"They have learned nothing. This is not wishful thinking. This is pure ignorance. Do we have any idea of the Obama hordes that will wind up populating Washington, the government and the Internet," Limbaugh said Thursday.
"This Obama volunteer network, Internet network, they are going to be in Washington harassing every elected official they can until they get their way."
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