deficits dont matter

Truthmatters

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May 10, 2007
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Dick Cheney on Budget & Economy


Vice President of the United States; Former Republican Representative (WY)




Cheney to Treasury: "Deficits don't matter"
Former Treasury Secretary Paul O'Neill was told "deficits don't matter" when he warned of a looming fiscal crisis.
 
The last desperate effort by the left to avoid defending Obama. Yesterday there was a post that claimed the election isn't about Obama. Today deficits don't matter. Tomorrow unemployment probably won't matter.
 
They know Cheney was taken out of context and was talking about the re-election prospects of a POTUS.

And Cheney was of course 100% correct. Hopefully, this is changing.

OP is just spamming.
 
TM is using Cheney as a source now. :eek:

[ame=http://www.youtube.com/watch?v=O3ZOKDmorj0]Biblical Proportions - YouTube[/ame]
 
Paul O'Neill (Secretary of the Treasury) - Wikipedia, the free encyclopedia


Bush Administration





Official portrait as Secretary of the Treasury
O'Neill was appointed Secretary of the Treasury by George W. Bush. O'Neill was an outspoken member of the administration, often saying things to the press that went against the administration's party line, and doing unusual things like taking a tour of Africa with singer Bono.

A report commissioned in 2002 by O'Neill, while he was Treasury Secretary, suggested the United States faced future federal budget deficits of more than US$ 500 billion. The report also suggested that sharp tax increases, massive spending cuts, or both would be unavoidable if the United States were to meet benefit promises to its future generations. The study estimated that closing the budget gap would require the equivalent of an immediate and permanent 66 percent across-the-board income tax increase. The Bush administration left the findings out of the 2004 annual budget report published in February 2003.[citation needed]

O'Neill's private feuds with Bush's tax cut policies and his push to further investigate alleged al-Qaeda funding from some American-allied countries, as well as his objection to the invasion of Iraq in the name of the war on terror — that he considered as nothing but a simple excuse for a war decided long before by neoconservative elements of the first Bush Administration — led to him being fired[1] in 2002 and replaced with John W. Snow.
 
do you people have any idea how many Bush people robmoney has in his little workshop?
 
http://en.wikipedia.org/wiki/Paul_O'Neill_(Secretary_of_the_Treasury)


He was one of the first people you called a "disgruntled Employee"

Your link is as stupid as you are...

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DID Vice President Cheney actually say that or was it merely REPORTED that he had said it?

TderpM will now vibrate like her "boyfriend" and spin like a top for a while.

Her answer will be either outright evasion (her specialty) or dishonest (coincidentally, also her specialty).
 

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