If the Republicans fear that not making a deal will harm the economy they should refuse to make a deal. If they think it will help the economy they should not make a deal. The real fiscal cliff is down the road and won't happen under Obama as stagnation does not drive us over the cliff, growth and a booming economy does. That is why Obama/Bernanke will keep the economy stagnant. Their tool for this is not taxation, it is regulation..