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 ...
They will eventually advocate- and even begin building a gulag. No leftist regime can endure without police state tactics. Billy Ayers said that as many 25 million would have to be killed. (He’s a guy who lived in Obama’s neighborhood.)
Krugman oscillates between claiming that debt is good, and claiming that the “real solution” to the (non-existent) debt crisis is death panels.
If we were to final solution the ‘rats, I’d guess that the problem would be solved within a decade.
A VAT is NOT a national sales tax---it's a very insidious tax placed at every level of production of a given product and is reflected in the final price of the product, not tacked on afterward, making it mostly invisible to consumers.
The Dems buy into the boiling frog theory. Look at all the stuff they’ve made you swallow so far. And we are still quite far away from violent revolution. The people have not erupted in Cuba or Venezuela. Took them a long time to overthrow the Soviet Union. We’re no where near that point.
Why would he want to cut the deficit? I thought deficits were good.
White old people have money. Krugman wants it and wants it and wants it... Guess killing ‘em for it OK with him... What a liberal charmer. /s
Since the vast majority of medical spending occurs at the end of one’s life, and when you’re 65 or older you’re on Medicare, you could have the Death Panel Savings today without needing ObamaKare.
“There are not a lot peoples demise that I will savor like a fine wine, an aged cognac, or a really good cigar.
Krugman is one of them.”
it would help the economy but for completely different reasons.
Health care has always been rationed by wealth or connection. This has been less prevalent in the US in the past generation, but is likely to be more prevalent. It is better to have rationing by wealth (can’t pay the doctor... sometimes because you didn’t save when you were healthy, or because you’re such a jerk that no charity will help) than by political connection. If government panels decide who gets what care, look for upper government classes to get the best care, closely followed by the favored political class of the day. Look out, Whitey!
As to the VAT tax... Krugman is arguing for a much larger share of government in the economy. VAT is a means to that end.
VAT and Death Panels for Politicians They are useless and have never served any purpose so lets get rid of them. I eel so much better now, knowing that a Americans we can vote to have our elected officials deem hom is expendible. So in turn I simply elaborate that politicians are expendible and everything that they own is community property of We The People. Share their wealth. Since the morons will not listen to reason seize their assts and do the same that they desire to do to We The People.
The Progressives are stepping back in time to 1913 and desire to see the policies of the Progressive Era put into effect. There textbook was written By Charles Beard in 1913.
It has been debunked as a false premise in the early 1960s. but the asshat politicians in Dc are oblivious to reality and anything of lasting value.
Who’s Krugman, when he’s not being a dingelheimer?
That's why Obama's government wants to control "health", they get to decide what it costs and who will live or die. It comes as no surprise to me whatsoever. Pope John Paul II deemed America to be "the culture of death" many years ago. He was no joker, nor was he prone to hyperbole, he was a very serious man who saw the truth and stated it. And it's plain to see he was right.
I remember a completely different America, long ago. Doctors who performed abortions went to jail, women who obtained them were considered low lifes. Men would come to the aid of others in distress, even at their own peril. In most places doors didn't have to be locked at night. At Christmastime mangers were everywhere, even in public places, and people proudly said "Merry Christmas" to each other. America was never Paradise on earth, but it was once very different than it is today. Hearts had not yet grown cold. Children had not yet turned against their parents and grandparents. Life was deeply respected by most people. We opened our doors to the 'world', and the 'world' came in and devoured us.
you can betcha that the unions and the ruling class will be exempt....like they are now in most things...
Wikipedi - BORN IN ‘53
oops I did it again eel should be feel and hom should be whom. Forgive me I just had surgery on my hand so at times the fingers and the keys do not click with one anther. Also the pain meds do a number on you. Thanks for understanding Yes Palin was corect as is beck and Hannity death panels and VAT what a way to go for the US. what has it accomplished in Europe very little look at Greece and Spain, a perfect example of the failed policies of Odumbo
I didn’t see the show but yes he did say death panels
from krug’s blog:
I said something deliberately provocative on This Week, so I think Id better clarify what I meant (which I did on the show, but it cant hurt to say it again.)
So, what I said is that the eventual resolution of the deficit problem both will and should rely on death panels and sales taxes. 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
(b) well need more revenue several percent of GDP which might most plausibly come from a value-added tax
And if we do those two things, were most of the way toward a sustainable budget.
By the way, Ive said this before.
Now, you may declare that this is politically impossible. But medical costs must be controlled somehow, or nothing works. And is a modest VAT really so much more implausible than ending the mortgage interest deduction?
So thats my plan. And I believe that some day maybe in the first Chelsea Clinton administration it will actually happen.
From each according to their ability, for each according to their need. /communism