If you look closely at the title it isn't a question, I'm going to tell you what will happen if we fall off of the Cliff or the Curb, which ever word you prefer use it. Here's the deal, last year the Republicans in Congress decided they wanted to put off deciding about spending and taxes until the end of this year, fine I was for that as long as someone came up with a plan, but, as time went on and we got closer to the election I realized that no one in Congress was interested in coming up with a plan, at least none of the Republicans, that is until it became clear that there were Republicans in the House who really, really wanted to go over the cliff/curb as fast as possible, there's two reasons for this happening. First, if we go over the cliff there will be automatic cuts in spending, one of those cuts is to the Unemployment Insurance that is being paid right now to millions of unemployed Americans, these folks will lose this check that has been paying their bills for the time that they have been unemployed, you would think that members of the House would be concerned about these people, but, they aren't, they hope this happens so that they can say to the President we will hold these people hostage until you agree to what we want. Second, the tax rate will go up for all Americans, this we already know, but, how does this help the Republicans in the House and Senate, it's simple, they can go back and tell the folks at home and Grover Norquist, "We didn't raise taxes, we cut them." when they come up with a plan after Jan. 1.
How does this hurt the President? It doesn't hurt him except in the sense that President Obama will need to come up with a plan to keep 98% of Americans from losing the tax cuts they already have and making sure that the taxes on the upper class stay at the Clinton rates they will go to when we go over the cliff/curb. What will be interesting to me will be the new part of the deal that will or might come as a result of going over, will we see reforms to the tax code like some in Congress want, or will it be the same old tax code. I think we will see the same old tax code, or at least one that is close to the same old tax code. Will we see any change in the corporate entitlements or will we see a cut in things like Social Security, and Medicare? Remember, it's the Republicans that can't stand the idea of the elderly and the poor getting any help, they love the idea of giving "help" to the rich.
If what I have said comes to pass, how will anyone vote in 2014? I really don't know, the average voter has a real short attention span when it comes to remembering what their Congress Critter does in Washington, they would rather believe what the Critter says when they return home than what was actually done in Congress with their Critters blessing.