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Paul Krugman: ‘Death panels and sales taxes is how we do this’
Economic Collapse News Blog ^ | November 8, 2013 | Andrew Moran

Posted on 11/09/2013 1:19:03 AM PST by 2ndDivisionVet

There is no doubt that the United States is in financial disarray and the future seems quite bleak. In the next decade or so, the U.S. will face extreme difficulties paying for healthcare, making Social Security payments and pretty much keeping entitlement programs afloat. What is the solution?

In a speech made earlier this year in D.C., world-renowned Keynesian economist Paul Krugman concurred that the federal government does have a financial problem. When you add an aging population and rising healthcare costs, the government lacks the necessary revenue to pay for pretty much anything.

According to the Nobel Laureate, the answers to the nation’s problems are death panels and sales taxes.

Here is a snippet from the video, which only recently began to make the rounds after Austrian economist Robert Murphy posted it, Economic Policy Journal cited it and Policy Mic reported on the dangerous remarks.

“Eventually we do have a problem. That the population is getting older, health care costs are rising…there is this question of how we’re going to pay for the programs. The year 2025, the year 2030, something is going to have to give….We’re going to need more revenue….We won’t be able to pay for the kind of government the society will want without some increase in taxes…on the middle class, maybe a value added tax….And we’re also going to have to make decisions about health care, doc pay for health care that has no demonstrated medical benefits. So the snarky version…which I shouldn’t even say because it will get me in trouble, is death panels and sales taxes is how we do this.”

(VIDEO-AT-LINK)

Death panels initially became a media sensation after former Republican Alaskan Governor and Vice Presidential candidate Sarah Palin claimed the Affordable Care Act (ACA), otherwise known as Obamacare, would establish death panels. She was heavily criticized in the media and PolitiFact named it “Lie of the Year.”

The question is: do death panels really exist? Many countries do in fact have death panels: Canada, the United Kingdom, to name a couple. But mainstream media outlets are continuing to promote the idea of death panel rationing.

Slate published an article about how it’s “a good thing” the Great White North has death panels. Here is a brief statement from the piece:

“When taxpayers provide only a finite number of acute care beds in public hospitals, a patient whose life has all but ended, but whose family insists on keeping her on life support, is occupying precious space that might otherwise house a patient whose best years are still ahead.”

Sales taxes, meanwhile, will be another failed economic policy generated to grow the size and scope of government without actually addressing the budgetary matters and the national debt. Canada also has sales taxes at the federal and provincial level – some mayors and local politicians have been proposing municipal sales taxes for years.

Of course, when a politician proposes a federal sales tax, he or she will start off with a low figure. Indeed, as history has shown with the income tax, as soon as a tax is instituted it will go up year after year.

This is just another example of how Krugman and others want to enlarge the federal government. Remember, the intellects of our society think they know what’s best for the low, common citizenry.


TOPICS: Business/Economy; Conspiracy; Government; Health/Medicine
KEYWORDS: abortion; deathpanels; krugman; obamacare; palin; socializedmedicine; taxes; worsteconomistever; zerocare
She was right.
1 posted on 11/09/2013 1:19:03 AM PST by 2ndDivisionVet
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To: 2ndDivisionVet

Yes, she was and we all knew it all along. Take an aspirin and make your funeral arrangements.


2 posted on 11/09/2013 1:29:50 AM PST by MestaMachine (My caps work. You gotta earn them.)
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To: 2ndDivisionVet

Krugman needs to get into a car, spend a year traveling across the nation, and grasp that his imaginary America doesn’t really exist.

Sales taxes and income taxes....only relate to what the community figures is their “take” or requirement to spend. So you open up the book, examine spending, and come to eventually figure that thirty percent of a normal cities expenses are wasted. Bad pension ideas, poor police management, fire department mismanagement, corrupt visions for infrastructure, etc.

Then you turn to the medical care business (note, it’s a business operation, not a charity or foundation operation). Business operations tend to lower costs when in competition. If you make rules to limit competition or stifle competition...prices reflect that and escalate. If you allow lawyers to run among the thugs and sue at their heart’s desire....then that reflects in the pricing of medical business enterprise.

Ask Krugman if he’s ever run a business in his entire life....with more than a dozen people. We can guess the answer.

Ask Krugman if a death panel establishes a death package upon one single individual....how quick will the legal profession act to render the death wish invalid. Lawyers are waiting in the shadows and will dissolve any death panel operation within weeks. We would double and triple the national judges...just to stay ontrack with this stupid death panel operation. It’d last barely six months before dissolving.

Krugman is simply an academic who got a Nobel Price for something....think’s he’s an intellectual....and hasn’t talked to a real guy in years. He hangs out with intellectuals, journalists, and political figures. He can’t think beyond his little sphere....end of the story.


3 posted on 11/09/2013 1:36:10 AM PST by pepsionice
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To: 2ndDivisionVet

4 posted on 11/09/2013 1:38:00 AM PST by LyinLibs (If victims of islam were more "islamophobic," maybe they'd still be alive.)
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To: 2ndDivisionVet

5 posted on 11/09/2013 1:38:43 AM PST by LyinLibs (If victims of islam were more "islamophobic," maybe they'd still be alive.)
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To: 2ndDivisionVet

6 posted on 11/09/2013 1:39:19 AM PST by LyinLibs (If victims of islam were more "islamophobic," maybe they'd still be alive.)
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To: pepsionice

So now all we really are is a number that productive or non-productive fr the government and they get to decide if we live or die. Great.


7 posted on 11/09/2013 1:44:19 AM PST by jsanders2001
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To: jsanders2001

So now all we really are is a number that’s productive or non-productive fr the government and they get to decide if we live or die. Great.


8 posted on 11/09/2013 1:45:05 AM PST by jsanders2001
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To: 2ndDivisionVet

To be clear, death panels for Tea Partiers. That is the only way to get rid of those Tea Partiers. The sanitized version of what Hitler did.


9 posted on 11/09/2013 1:46:10 AM PST by bergmeid (Resist we much!)
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To: bergmeid

Concentration camps first, no doubt, at least until their productive capacity has been exhausted. The sheeple are being led to slaughter as they mindlessly chat on their Obamaphones.


10 posted on 11/09/2013 3:13:37 AM PST by fhayek
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To: bergmeid

Kurgan and the Emanuel bros. and others are nothing but Sonderkommandos for the Dems.


11 posted on 11/09/2013 3:19:17 AM PST by Dr. Ursus
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To: jsanders2001
Just remember, soylent green is people.

Bureaucrats and academics have no souls, they don't get it's people lives they are playing with.

12 posted on 11/09/2013 3:38:42 AM PST by D Rider
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To: 2ndDivisionVet

Sounds to me like Kruggie was also calling for wage and price controls as well as death panels and sales taxes.

“doc pay” = wage and price controls
“no demonstrated medical benefits” = death panels to determine whether both the procedure and the patient are worthwhile


13 posted on 11/09/2013 4:02:24 AM PST by Skepolitic
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To: jsanders2001

“that’s productive or non-productive fr the government and they get to decide if we live or die.”

The best part of this is that several highly placed of the UK’s National Healthcare politicians have been killed by their national healthcare system. They didn’t get any special treatment and were all killed by the incompetence of the system they created. (That won’t happen here as our politicians have been wise enough to make themselves rich, which the British apparently haven’t.)


14 posted on 11/09/2013 4:14:31 AM PST by Gen.Blather
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Comment #15 Removed by Moderator

To: pepsionice
Krugman is simply an academic who got a Nobel Price for something....think’s he’s an intellectual....

If economics is the physics of money...

Krugman is an economic alchemist.

16 posted on 11/09/2013 4:31:09 AM PST by VRW Conspirator (Obama is a proven liar, an admitted liar, an unrepentent liar.)
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To: 2ndDivisionVet
do death panels really exist?

Yes, it's call the IPAB in 0bamacare. Independent Payment Advisory Board.

Methinks if you are a registered Republican it would be a good idea to change your voter registration if you get sick.

5.56mm

17 posted on 11/09/2013 4:33:42 AM PST by M Kehoe
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To: 2ndDivisionVet

If you like living, you can keep your life. Period.


18 posted on 11/09/2013 4:34:44 AM PST by mom.mom
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To: 2ndDivisionVet
If Krugman and the Democraps believe these are ways to address a financial problem, then why not cease all funding on Medical Research, Medical Schools, industries that make medical equipment, revoke all medical licenses and certifications?

They will reach their goals much faster!
19 posted on 11/09/2013 5:20:48 AM PST by leprechaun9
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To: 2ndDivisionVet


20 posted on 11/09/2013 6:00:29 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: 2ndDivisionVet
FTA: ...world-renowned Keynesian economist Paul Krugman concurred that the federal government does have a financial problem. When you add an aging population and rising healthcare costs, the government lacks the necessary revenue to pay for pretty much anything.

According to the Nobel Laureate, the answers to the nation’s problems are death panels and sales taxes.

Peel back a layer of a Keynesian, expose the Malthusian center...

21 posted on 11/09/2013 6:29:46 AM PST by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: MestaMachine

Red pill or blue pill?


22 posted on 11/13/2013 6:39:38 AM PST by TurboZamboni (Marx smelled bad & lived with his parents most his life.)
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