ELECTION DAY OF 2012.

Moody's chief economist Mark Zandi was very pessimistic about the economic future of the United States, if the Super Committee failed to reach a compromise on cutting $1.2 trillion dollars from the national deficit.

Other politicians on the committee asserted that they were close to an agreement except for the Republican Party members adding the Bush tax breaks for the wealthy on their list, and wanting an extension for it. What?

So, why were the Republicans so adamant in taking that off the table and making the committee not to succeed? Would it be that, if the committee was capable of getting its job done, the result would boost President Barack Obama's approval rating?

It would be like shooting themselves in the foot; and for that they would never do, because it would help the president in winning a second term, which they dreaded more than anything on earth.

However, was not that an indication of putting party before the nation in a crisis? Which of the two would be considered as more important; the Republican Party or the United States?

The economist, Mark Zandi, came on Fox News Sunday, with a straight face, forecasting a " 'Tough' Year Ahead Without Deficit Deal." and thus making the committee's assignment extremely important.

He added that for the low expectation Wall Street had for the committee to really cut the deficit, the stock market would not react pretty quickly, if an agreement was not reached; but the failure of it (committee) would have serious repercussions later in the coming year, if not years, ahead.

That in turn would affect the already sluggish economy and would send the unemployment rate skyrocketing.

Those were strong statements for the committee to utilize the next 24 hours, at least, to find a way out of the despicable situation that it was in, as failing to get a consensus would be detrimental to the nation's future well being.

Tax revenues of about 14000 millionaires, who were not paying any taxes at all, was the issue before; as the Republicans were saying that raising taxes in a recession would exacerbate the problem of unemployment; and so they must be left alone.

While the president was saying that those people should pay their taxes just like any other citizen; however, they were the ones that the Republicans were protecting.

In other words, the Republicans would rather have Social Security, Medicare and Medicaid slashed, instead of those millionaires being forced to pay their fair share in taxes. Thus making the controversy to circle around "tax dodgers or seniors".

That seemed to be the hurdle now for the Super Committee; and if it could not overcome it, whom must the country blame?

That is the question that needs to be answered, come election day of the 2012 presidential election.