Cash out of the stock market, the GOP is taking us back into a recession

I'm cashed out and just in time. The markets are reacting to the lack of a deal on the debt limit. We need spending cuts, a small tax increase and lots of tax loopholes closed - and the GOP is stonewalling on the tax issue. So, where do their supporters benefit from this? Are all Republicans like Joe the Plumber and (wish that they were) making over $250k a year?
If we'd all taken our IRA/401k losses over the past two days and used it as a tax increase, we'd be done by now.