Commentary

Deficits Are a Symptom … Not the Disease

By Troy Senik
Thursday, February 25 2010

The two biggest stories out of Washington last week made for a bizarre bit of political synchronicity.

On Thursday morning, President Obama announced the creation of a new bipartisan commission aimed at reigning in the national debt – a move largely seen as a reaction to growing agitation on the issue from fiscally conservative Republicans and Independents. A few hours later, on the other side of the District of Columbia, former Vice President Dick Cheney – a man who memorably said that “deficits don’t matter” – received a standing…

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