Michael Barone in RCP,
Is Barack Obama bluffing when he threatens to go over the fiscal cliff if Republicans refuse to agree to higher tax rates on high earners? Some analysts think so. Keith Hennessey, a former top staffer for the Bush White House and Senate Republicans and a veteran of budget negotiations, argues that Obama's whole second term would be blighted if he allows the fiscal cliff tax increases and...
And my comment,
I live in suburban Chicago and I'm certain the President wants to go over the cliff. Not so much for the reasons given here. Those require imagination and especially imagination outside of politics. Obama will go over the cliff because he thinks it's good politics. The electorate will fault the GOP and deliver Democrats the House in 2014. It's a very Illinois Regular Democratic way to think. These guys think politics 27 hours a day, and they're very good at it; but it's all they think about too.