It may be the NYT times again, but Nobel prize winning economist Paul Krugman gets it, even if y'all don't.
"...While there has been a lot of bluster from the G.O.P. about how we should reduce the deficit with spending cuts, not tax increases, no leading figures on the Republican side have been able or willing to specify what, exactly, they want to cut.
And thereÂ’s a reason for this reticence. The fact is that Republican posturing on the deficit has always been a con game, a play on the innumeracy of voters and reportersÂ…
….So while the fiscal cliff — still a bad name for the looming austerity bomb, but I guess we’re stuck with it — is a bad thing from an economic point of view, it has had at least one salutary political effect. For it has finally laid bare the con that has always been at the core of the G.O.P.’s political strategy…"
The Big Budget Mumble - NYTimes.com
If the GOP continues their intransigence and pushes us over the cliff, the heat from that will cook their goose and they know it. On the other hand, giving in one iota from their position will cook it too, with the base.
They've painted themselves into a corner with the rhetorical con they've been playing for years and now it's time to pay the piper.
My prediction: They'll finally come to the table with something, and Obama will give them a face-saving way out for the good of the country. In the end, Obama gets most of what he wants and the nutters here will go ballistic.