Whenever governments move to austerity measures (i.e. the Paul Ryan budget), they are flirting with disaster. In the US we stopped regulating banks, we stopped taxing the rich, we bailed out oligopolies and we grew the military into an albatross around our necks. Then we started getting blood out of the turnip -- sucking the blood out of the middle class and ignoring the poor then calling it "patriotism."
That is the pattern of right-wing extremism in history, as Thom points out. Now they have the three-pronged strategy for one-party rule: Citizens United, voter ID, and gerrymandering. If they get their wish, a cabal of billionaire right-wing activist zealot plutocrats will run the country and finish the job that GWB interrupted with a so-called Keynesian bailout process that didn't trickle down much either. The tea party regime will send us into Great Depression 2.