Monday, June 28, 2010

Dick Cheney was right about the deficit | The Daily Caller - Breaking News, Opinion, Research, and Entertainment

Dick Cheney was right about the deficit | The Daily Caller: "Was Dick Cheney right about deficits? In 2002, a month before he gave George W. Bush’s first treasury secretary, Paul O’Neill, the news that he was fired, then-Vice President Dick Cheney is supposed to have told O’Neill, “You know, Paul, Reagan proved deficits don’t matter. We won the midterms.” Cheney was not making an economic case that deficits don’t matter. He was making a political case, with his reference to the midterm elections of 2002."

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