Seeing as it'll become common knowledge in the next couple of weeks, I might as well pass on some actual insider information about how the fiscal cliff thing is going to go. Over the weekend various Obama Treasury people have gone to Wall Street and met with money industry people and filled them in on what's going to happen with the fiscal cliff. Apparently once negotiations with the GOP get under way Obama is going to announce that he's going to increase taxes for the top 1% only, keep current spending unchanged and add additional spending -- a new stimulus -- of about five hundred billion dollars a year for the next two years and up around a trillion dollars a year for the last two years of his presidency.

Some of this stimulus will be in the form of a tax cut but will go to low/middle income earners in the form of a payroll tax cut to get the GOP on board but the vast majority of the stimulus money will be spent to replace old bridges, roads, schools and similar infrastructure and also to build a national electric power grid fit for the twenty first century. Obama is going to tour the country to sell the plan to the American people, he's going to hold televised town hall meetings in most states, particularly the ones that just voted for Romney, and explain what he wants to do. All of these meetings will be televised statewide and some will be televised nationwide.