Fortunately it is not the "the LHC has created a blackhole which is eating the Earth" nightmare scenario!

Instead, a bump that appeared in early data, which suggested beyond-the-standard-model physics, has disappeared on taking more data. The early data stimulated a ridiculous number of theoretical papers, with some authors publishing 8 or 9 different papers with scenarios explaining the bump.

So, still no evidence for supersymmetry or anything terribly exotic beyond the standard model. The nightmare scenario for getting more money for a bigger collider: the LHC seeing what was predicted (the Higgs), and nothing else.