Friday, June 24, 2011

wishing for a do-nothing congress

as many others have pointed out, if we do nothing the deficit will mostly go away. that's because the bush tax cuts (which were supposed to expire at the end of 2010 before they were extended for two years) will expire at the end of 2012 and the cost control measures of the ACA will kick in. the republicans are trying hard to both extend the tax cuts indefinitely and repeal and/or undermine the ACA. the entire "deficit crisis" is of their own making. it only exists because the republicans are insisting on massive tax cuts for the wealthiest americans and huge cuts for services that middle class and poor americans need.

the good news is gridlock and doing nothing happens to be the one thing that congress is really good at. if you want to balance the budget, all democrats need to do is throw a monkey wrench in everything that the GOP tries to do. maybe if we keep saying that the democrats will learn that they really have the upper hand if they are just willing to take it.