Will he or won’t he, no one but he knows; however, president Obama is very capable of letting the economy fall over the fiscal cliff. After all, it would mainly affect old white men because it’s old white men who own stocks and engage in private enterprise. The Republicans would be to blame for the economic collapse due to their obstructionist policies designed to return the country back to the horse and buggy days rather than progress Forward into Obama’s New America.
Remember, the modus operandi of a community organizer is to gain power by taking advantage of a crisis. Then Saul Alinsky taught that, if you can’t find a crisis, make one. Remember also the answer Obama gave when an interviewer suggested that the consequences of raising capital gains taxes might be a loss of revenue. The simple answer would be “I don’t believe it would.” but that’s not what the president said. He said that spreading the wealth around was worth the cost of a little lost revenue. That reply revealed where his priorities lie. Add a dash of “Never let a crisis go to waste” and you have a formula for a return to economic recession.
The free market system results in unequal prosperity but that beats socialism which leads to equal misery. Or as another wise man said “You can’t make the poor rich by making the rich poor.” It’s too bad the president doesn’t know that.
Post script: However, you can make the poor poorer by making the rich poorer.