Cheney, speaking to the Wyoming Republican Party in Cheyenne, Wyo., said the Obama administration has appointed "second-rate" people to important positions.
"The way [President Barack Obama] is going, he's going to do enormous damage to the way we do business and to our national security," Cheney said.
Despite the Republicans' inability to defeat Obama in 2012, Cheney said he's hopeful for the party's direction, The Wyoming Tribune Eagle of Cheyenne, Wyo., said Sunday.
"We've got to look to the next four, six, eight years, we've got to grow the party long-term," he said. "I'm optimistic about where we're headed."
Cheney is presently writing a book with his cardiologist about his medical history.
"I've had a fantastic ride, I've loved every minute of it, I'd pay to do it all over again, but basically it's time for me to move on," he said.