they are the ones -- they are the reason we are in this situation dick cheney argued that ragan improved deficits do matter and use that argument to help run up this deficit. host: let's take the last point that deficits do not matter. guest:, to talk about who ran them up of. you look at the six years in which the white house and congress were controlled by republicans, 2001-2007, they did a poor job. they averaged $300 billion per year in deficits, and part about was the fighting of two wars as a result of 9/11. let's look at what happened since pelosi became the house leader and harry reid became the senate majority leader in the next four years, we averaged $1.20 trillion deficits and then the democrats controlled the white house. they were four times worse than the republicans. yes, the republicans and not do their job, but what does that say about leadership in the house and the senate when they are four times worse than what republicans did? i disagree with both of them. we have to have sound fiscal management, but there is a huge gap between the two parties. even under the best c