"I think the recession we've been through is being used by the administration in ways that fundamentally change the relationship between government and the private sector," Cheney told CNBC's Larry Kudlow in an interview airing Wednesday night on "The Kudlow Report." "That's what worries me most."
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"I've got experiences going back to the wage price controls in the Nixon administration," he said, "where, in effect, we had what I think was a terrible mistake -- in that case, [under] a Republican administration -- where [government] moved in and tried to control the wages, prices and profits of every enterprise in America. It was a huge mistake. We finally got out of it, but it took a long time to do it, and it does a lot of damage. - ABC News Story
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