Not really doing anything except letting the Bush tax cuts expire…that is not doing anything. Intact will remain Social Security, Medicare, Medicaid and all the other social programs the Republicans hate so much.
Beware people, the Republican-Teahadists are on a scorch the earth campaign to end all social programs and turn this country into a theocratic plutocracy…there is no limit, no shame, no common sense or logic except a blind and askew ideology that borders on the insane but certainly qualifies as immoral and unpatriotic. Tea Party? Tea Party my ass…these people are so unlike those patriots that threw the tea into the harbor that it makes one want to vomit when they compare themselves to them.
“The top chart projects the budget deficit if the Bush tax cuts are allowed to expire; the lower chart shows what will happen if they are renewed.
Yes, if Congress does nothing, and allows the Bush tax cuts to expire, the entire budget deficit will disappear by the end of the next Presidential term. I'll tell you what- this would probably cost my family a couple of thousand dollars a year, but at this point I would gladly pay it to shut the Republicans up about this bogus issue which they caused and which they are now blaming on the Democrats, as usual.
Not that the Republicans won't have plenty of other bogus issues to trot out, but at least we would be treated (for the second time in three decades) to the sight of Republicans screaming about the national debt while piling it up, and Democrats fixing the problem. Not that right wingers would give Obama any more credit than they gave Clinton, nor that they would ever admit that their gods Reagan and Bush created the problems they scream about, but I'm sure we are all past hoping for that to happen.”
SOURCE: http://largegreenbird.blogspot.com/2011/06/balancing-budget-by-doing-nothing.html