Cheney Was Right: Deficits Don't Matter

By Michael Tomasky, The Daily Beast - March 24, 2013

Dick Cheney went a little overboard (as he was wont to do) when he said “deficits don’t matter,” and of course it was quite a hoot coming from a member of the party that has been haranguing us about deficits for half a century now whenever it suited their purposes to do so. But as hypocritical as he was being, he had a point. Today, the GOP has completely flipped on this point and is cynically hyping three fictions that will harm the economy—but (maybe) help them electorally.

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