I disagree with Hightower.

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Tuesday, April 24, 2012

"Reagan proved deficits don't matter."

This remark was made by V P Cheney.  (I'll drop the word lunacy - from the previous location of this remark - which is not necessary.)

Even a moment's thought must reveal this to be one of the most silly statements ever uttered by a public official.
If it were true then we could just have the treasury borrow whatever was needed and send us all $10,000 every month.
Literally, the implication of Cheney's statement is that if the treasury did that, then "it would not matter".

Democrats act like they think that deficits don't matter, but, so far as I know, they haven't said it.

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