Tuesday, November 16, 2010

Cheney was Right


CBS poll on results of election and other opinion in above link shows that Cheney was right. He told Bush that "deficits don't matter and that Reagan proved it". What he meant was that Reagan won the election by cutting taxes and increasing spending. This produced big deficits which were funded with debt. Bush took his advice. With a democrat in the White House, deficits seem to matter again.

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