It appears that there will be no compromise as the Super Committee, comprised of Republicans and Democrats, was unable to reach an agreement. And because there was no compromise, there will be a compromise, of sorts. What is going to happen is that tax rates will be restored to their preBush levels. Though the increase will have a more profound effect on the working poor and middle class, than those at the top, it is a step in the right direction. The lack of compromise will also trigger massive spending cuts. Again these cuts will impact the working class more than the wealthy. But the massive cuts in defense spending, which most insiders acknowledge will not impact our security, will wound the Republican base.
Since Bush, the Republicans have been utilizing the rights and freedoms of our democracy to gain wealth and power, and are attempting to disable those rights and freedoms for the majority. Despite the tactics, our country is a democracy, and by definition, "will not perish from the earth", regardless of what tactics the Republicans employ.