A wake-up call for Dems, labor, and the left

[pa28]

64. Here's a very serious solution to nearly balance the budget in just few years. Ready?

Do nothing.

"According to the recently updated budget projections from the nonpartisan Congressional Budget Office, if Congress does not pass any new fiscal policies between now and January 2013, the federal budget deficit will dwindle to just 1.6 percent of gross domestic product—the largest measure of our economy—by 2014, and continue dropping. Similarly, debt as a share of GDP will peak at 73 percent in 2013 and then decline down to 61 percent by 2021."

http://www.americanprogress.org/issues/2011/08/do_nothing_congress.html

Edit: I want to point out that this includes letting all the Bush tax cuts expire. Republicans will hold middle class taxes hostage to ensure protection of a low top rate. I'll pay extra for one little victory in the area of progressive taxation and take one for the team.