Revolt? Hardly.
Americans are not their fathers any longer. Women run the USA, and even men do their nails now, and few of either darken the door of a church.
I agree. Suspending an election would be utterly unprecedented in American history, and I include colonial times. Sure, Assemblies that passed laws that the ruling oligarchs didn't like were sent home. True, the electorate was gerrymandered through property qualifications and (usually) religious tests in the 17th century. Of course, in colonial times, only the lower house was elected.
But the powers that were, no matter how tyrannical, never outlawed elections. They were content to rig or ignore them.
As for America after independence, elections were never suspended. Not even during the Civil War, not even during World War 2.
Cancelling or suspending an election is something that is utterly unprecedented in American history, period. Moreover, it would trash the very reason why Americans fought for their independence: "No Taxation Without Representation."
If Obama & Co. were insane enough to try, the initial reaction would likely be shock instead of outrage. But once it sinks in, you can bet that there would be enough outrage to make for an outright revolution - on the same grounds that the War of Independence was fought. If elections are "postponed," how long before a general tax strike?
Not much longer than it would take for a thousand petitions sent to the Supreme Court. Most likely, it would end with the Supreme Court ordering the election to be held on schedule and electoral officials complying with the Court. Obama, after all, is no Andrew Jackson - and Jackson himself would have been aghast at the notion of interrupting elections.
Yep, it would begin and end with the Supreme Court. There is absolutely no Constitutional, customary or even historical precedent for suspending elections in America. The Roe v. Wade boys could flatter themselves into thinking that they were liberating women, that they were taking a step towards freedom. To even believe the same thing about suspending elections would be insane. I can guarantee that there won't be any penumbrae in the decision should the issue come to the Supreme Court. The Court would have to be emasculated.
In so doing, Obama & Co, would just plant even more hidden outrage. In the highly unlikely event that the Supreme Court were done away with, the average Joe has lots of options. A general tax strike is only one of them.