"If the GOP acts forcefully and boldly, it may still prevent this collapse.
How, exactly, can the GOP do that? They do not control the Senate or the White House. They have two options: give Obama what he wants or let the Bush tax rates expire for everyone. Either way the economy tanks. But with the first option at least Obama will get some of the blame.
Face it, folks, the parasites outnumber the producers. Until the parasites are made to suffer, it will only get worse.