But Dick Cheney said deficits don’t matter and Reagan proved it.
Deficits *do* matter, but maybe not for a few decades or they matter when the politicians are no longer in office.
Why should we be astonished when people take their home equity out and spend it thinking that they never have to pay it back. Homeowners can’t print money like the government can.
Parents can live very well if they have some means of making their children pay for it or maybe their neighbors’ children.
