Skip to comments.Krugman: Death Panels, VAT Will Fix Debt Crisis
Posted on 11/14/2010 4:14:53 PM PST by 2ndDivisionVet
Economist and New York Times columnist Paul Krugman says the only way the U.S. will get its debt crisis under control is by the use of "death panels" and a national sales tax.
The national sales tax, referred to as VAT (value-added tax) and widely used by governments across Europe, will help cut the U.S deficit, Krugman argues.
Krugman made his comments on ABC's This Week with Christiane Amanpour during a roundtable discussion about the economy and the recent findings of the U.S. Debt Reduction Commission.
Here's the key excerpt:
"Some years down the pike, we're going to get the real solution, which is going to be a combination of death panels and sales taxes. It's going to be that we're actually going to take Medicare under control, and we're going to have to get some additional revenue, probably from a VAT. But it's not going to happen now."
The Obama healthcare plan passed by Congress in 2010 includes government-run healthcare committees with sweeping powers, including the power to engage in competitive pricing and cost analysis, a system used by Britain that has led to rationing of medical care for the elderly.
Critics of the Obama plan, including former Alaska Gov. Sarah Palin, quickly dubbed the committees "death panels," saying government agencies would decide who would live and who would die. Supporters of the Obama health plan dismissed such suggestions as nonsense.
Krugman apparently thinks otherwise, and suggests that such death panels could be one way the federal government will be able to deal with soaring medical costs under control as the Baby Boomers enter retirement.(continued)
(Excerpt) Read more at newsmax.com ...
Krugman’s “real solution” was Hitler’s “final solution.”
So Krugman's columns will be tax free.
The liberal solution to every problem is higher taxes and death.
So Governor Sarah Palin was correct.
“So Governor Sarah Palin was correct?”
Does Krugman actually believe a VAT will pass the new House of Representatives?
What I meant is that:
“(a) health care costs will have to be controlled, which will surely require having Medicare and Medicaid decide what theyre willing to pay for not really death panels, of course, but consideration of medical effectiveness and, at some point, how much were willing to spend for extreme care...”
He’s lying. When you decide how to spend your own health care dollars, that’s one thing. When the government decides how to spend it, that’s a death panel.
Is he kin to Nazis allowed in here after WW2?
Does ANYONE believe that the “solution” to the overspending that politicians have been doing for about 45 years is to give them more money to spend?
Great idea! I hear that is what is being proposed in England. They have such a dynamic economy there is no reason it shouldn’t work here as well. /s
Medicare is underfunded by $72 Trillion (with a T).
It makes SS look like a robust program.
Significant rationing will occur no matter who is in charge or what we term it. It’s guaranteed because such a high percentage of the post 65 population will be unable to afford healthcare in addition to Medicare.
Cut spending, trigger economic growth, and live longer.
I'm being draconian I know.
There are not a lot people’s demise that I will savor like a fine wine, an aged cognac, or a really good cigar.
Krugman is one of them.
Oh. That’s what Obama meant by “shovel-ready”?
Krugman is just getting dangerous people riled up.
I thought that supporters of this denied that there were death panels.