In the short run, they're right - deficits do not matter.
That is good news for the "deficits don't matter" crowd in the White House and Congress.
If deficits really matter, why has America enjoyed six straight years of prosperity?
In the early days, the line was, essentially, that deficits don't matter.
The fourth argument in response to my suggestion was that "deficits don't matter."
The Chancellor should be wary of the argument that the deficit does not matter because it is in the private sector.
Jack has always said that deficits don't matter.
Now some say that, well, deficits don't matter, that the American people just don't care about them.
Congress cannot simply conclude that deficits don't matter.
Over the long term, deficits matter a great deal.