Here’s how this works:1. (Republican) – We’re taxed enough already! No more taxes. Cut entitlements!2. (Democrats & Media) – Those stupid Republicans. We have to raise taxes how else can we balance the budget? (We’d lose votes if we cut entitlements, so we’d rather bankrupt the nation rather than get voted out of office.)3. (Media) – Evil Nazi Republicans! How dare they not give more of their money away ? A third of their income isn’t enough (my note – this doesn’t include state, property, sales, and other taxes)! We’ve got to raise taxes! How moronic they are not to compromise with us by doing everything we want done! If you don’t agree to raise taxes, the Democrats will not agree to the budget, and we will make sure you get the blame. If you raise taxes, we’ll be your buddies and make sure everyone knows what stand-up folks you are! 4. (Republicans) – We said we would not vote for more taxes, but we’ll get blamed for no budget deal, even though the Democrats won’t compromise any. Since the media will cut us some slack in the next election, and praise us for giving in, maybe we can get re-elected anyway. So, okay, we’ll give in and raise taxes, and you won’t have to cut any entitlements.5. (Dems and media, the day after) – LIARS!! TRAITORS!! You betrayed your constituency because you said you would not raise taxes. We told everyone you Republicans are liars and cheats, and now you’ve proven us right!
This is pretty much exactly what will happen. Reference? The 1992 presidential election. The main difference then was that we weren’t as close to bankrupting the nation.