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Krugman: Death Panels, VAT Will Fix Debt Crisis
NewsMax ^ | November 14, 2010

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 ...


TOPICS: Culture/Society; Extended News; Government; Politics/Elections
KEYWORDS: deathpanels; economy; krugman; lunatic; msm; obamacare; panels; taxes
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So Governor Sarah Palin was correct?
1 posted on 11/14/2010 4:15:01 PM PST by 2ndDivisionVet
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To: 2ndDivisionVet

Krugman’s “real solution” was Hitler’s “final solution.”


2 posted on 11/14/2010 4:16:42 PM PST by Brilliant
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To: 2ndDivisionVet
value-added tax

So Krugman's columns will be tax free.

3 posted on 11/14/2010 4:17:30 PM PST by palmer (Cooperating with Obama = helping him extend the depression and implement socialism.)
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To: 2ndDivisionVet

The liberal solution to every problem is higher taxes and death.


4 posted on 11/14/2010 4:17:47 PM PST by WashingtonSource
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To: 2ndDivisionVet
So Governor Sarah Palin was correct?
So Governor Sarah Palin was correct.

5 posted on 11/14/2010 4:18:03 PM PST by conservatism_IS_compassion (DRAFT PALIN)
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To: 2ndDivisionVet
Oh yeah.
Follow Europe right down the rat hole. We have our head stuck in there now with ObamaCare...
6 posted on 11/14/2010 4:18:12 PM PST by grobdriver (Proud Member, Party Of No! No Socialism - No Fascism - Nobama - No Way!)
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To: 2ndDivisionVet

“So Governor Sarah Palin was correct?”

You betcha!


7 posted on 11/14/2010 4:18:40 PM PST by devere
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To: 2ndDivisionVet
Hey, Paulie, why don't we just have all employers wire their employee's paychecks to Washington, and Congress can forward whatever fraction they feel like to the actual wage earner?
8 posted on 11/14/2010 4:19:31 PM PST by E. Pluribus Unum (The people who hate Sarah Palin hate her because they know that her Presidency is inevitable.)
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To: 2ndDivisionVet

Does Krugman actually believe a VAT will pass the new House of Representatives?


9 posted on 11/14/2010 4:20:28 PM PST by Signalman
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To: 2ndDivisionVet
Great idea, when does Krugman hit 65?
10 posted on 11/14/2010 4:20:32 PM PST by jpf (me in 2012.)
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To: 2ndDivisionVet

“What I meant is that:

“(a) health care costs will have to be controlled, which will surely require having Medicare and Medicaid decide what they’re willing to pay for — not really death panels, of course, but consideration of medical effectiveness and, at some point, how much we’re 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.


11 posted on 11/14/2010 4:20:53 PM PST by Brilliant
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To: 2ndDivisionVet

Is he kin to Nazis allowed in here after WW2?


12 posted on 11/14/2010 4:21:06 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: 2ndDivisionVet

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?


13 posted on 11/14/2010 4:21:20 PM PST by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
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To: E. Pluribus Unum

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


14 posted on 11/14/2010 4:22:54 PM PST by berdie (qill)
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To: conservatism_IS_compassion

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.


15 posted on 11/14/2010 4:22:57 PM PST by nascarnation
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To: WashingtonSource
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.

Cut spending, trigger economic growth, and live longer.

I'm being draconian I know.

16 posted on 11/14/2010 4:24:26 PM PST by EGPWS (Trust in God, question everyone else)
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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.


17 posted on 11/14/2010 4:24:40 PM PST by KosmicKitty (WARNING: Hormonally crazed woman ahead!!)
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To: 2ndDivisionVet

Oh. That’s what Obama meant by “shovel-ready”?


18 posted on 11/14/2010 4:25:22 PM PST by Twinkie
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To: Brilliant
Krugman best watch it. I don't even want people talking about death panels ~ not even theoretically. Advocates would seem to be making targets out of themselves ~ probably needlessly ~ because with the Second Amendment, and a sufficient number of suitable firearms available, people in even their 90s can GET EVEN WITH THE BATARDES!

Krugman is just getting dangerous people riled up.

19 posted on 11/14/2010 4:26:14 PM PST by muawiyah (GIT OUT THE WAY ~ REPUBLICANS COMIN' THROUGH)
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To: ExTexasRedhead; Justice Seeker

I thought that supporters of this denied that there were death panels.


20 posted on 11/14/2010 4:26:20 PM PST by Clintonfatigued (Illegal aliens commit crimes that Americans won't commit.)
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To: 2ndDivisionVet

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.)


21 posted on 11/14/2010 4:27:58 PM PST by PaleoBob
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To: WashingtonSource

Krugman oscillates between claiming that debt is good, and claiming that the “real solution” to the (non-existent) debt crisis is death panels.


22 posted on 11/14/2010 4:28:38 PM PST by Brilliant
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To: Brilliant

If we were to final solution the ‘rats, I’d guess that the problem would be solved within a decade.


23 posted on 11/14/2010 4:30:21 PM PST by Paladin2
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To: 2ndDivisionVet

Bump.


24 posted on 11/14/2010 4:31:10 PM PST by GlockThe Vote
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To: 2ndDivisionVet
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.

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.

25 posted on 11/14/2010 4:31:10 PM PST by Virginia Ridgerunner (Sarah Palin has crossed the Rubicon!)
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To: muawiyah

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.


26 posted on 11/14/2010 4:31:48 PM PST by Brilliant
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To: Virginia Ridgerunner

Why would he want to cut the deficit? I thought deficits were good.


27 posted on 11/14/2010 4:32:34 PM PST by Brilliant
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To: 2ndDivisionVet

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


28 posted on 11/14/2010 4:34:29 PM PST by GOPJ ('Power abdicates only under the stress of counter-power." Martin Buber /a Tea-nami's coming..)
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To: 2ndDivisionVet

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.


29 posted on 11/14/2010 4:34:56 PM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: KosmicKitty

“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.”

it would help the economy but for completely different reasons.


30 posted on 11/14/2010 4:34:56 PM PST by ari-freedom (Islam is at war against America, while America is at the mall.)
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To: 2ndDivisionVet

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.


31 posted on 11/14/2010 4:35:22 PM PST by Pearls Before Swine (/s, in case you need to ask)
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To: 2ndDivisionVet
Yeah, first the Death Panels didn't exist - now...well, OK, they do exist, but they are a good thing.
32 posted on 11/14/2010 4:36:22 PM PST by Mr. Jeeves ( "The right to offend is far more important than any right not to be offended." - Rowan Atkinson)
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To: 2ndDivisionVet

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.


33 posted on 11/14/2010 4:36:26 PM PST by hondact200 ( Lincoln Freed the Enslaved. Obama Enslaves the Free. Obama is Americas Greatest Threat)
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To: 2ndDivisionVet

Who’s Krugman, when he’s not being a dingelheimer?


34 posted on 11/14/2010 4:36:47 PM PST by Mr Ramsbotham (Laws against sodomy are honored in the breech.)
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To: Brilliant
" health care costs will have to be controlled, which will surely require having Medicare and Medicaid decide what they’re willing to pay for — not really death panels, of course, but consideration of medical effectiveness and, at some point, how much we’re willing to spend for extreme care...”

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.

35 posted on 11/14/2010 4:38:36 PM PST by jiminycricket000
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To: PaleoBob

you can betcha that the unions and the ruling class will be exempt....like they are now in most things...


36 posted on 11/14/2010 4:39:30 PM PST by cherry
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To: jpf

Wikipedi - BORN IN ‘53


37 posted on 11/14/2010 4:40:33 PM PST by ArmyTeach (Vincit qui se vincitfy)
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To: 2ndDivisionVet

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


38 posted on 11/14/2010 4:42:18 PM PST by hondact200 ( Lincoln Freed the Enslaved. Obama Enslaves the Free. Obama is Americas Greatest Threat)
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To: 2ndDivisionVet

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 I’d better clarify what I meant (which I did on the show, but it can’t 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 they’re willing to pay for — not really death panels, of course, but consideration of medical effectiveness and, at some point, how much we’re willing to spend for extreme care

(b) we’ll need more revenue — several percent of GDP — which might most plausibly come from a value-added tax

And if we do those two things, we’re most of the way toward a sustainable budget.

By the way, I’ve 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 that’s my plan. And I believe that some day — maybe in the first Chelsea Clinton administration — it will actually happen.


39 posted on 11/14/2010 4:42:52 PM PST by ari-freedom (Islam is at war against America, while America is at the mall.)
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To: E. Pluribus Unum
>"Hey, Paulie, why don't we just have all employers wire their employee's paychecks to Washington, and Congress can forward whatever fraction they feel like to the actual wage earner?"

From each according to their ability, for each according to their need. /communism

40 posted on 11/14/2010 4:44:33 PM PST by rawcatslyentist (Jeremiah 50:31 Behold, I am against you, O you most proud, said the Lord God of hosts.)
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To: 2ndDivisionVet

Krugman’s the smartest moron out there, dontcha know?


41 posted on 11/14/2010 4:49:18 PM PST by Attention Surplus Disorder (Contributing to a book about GD I doesn't give you the right to print half a trillion dollars.)
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To: CJ Wolf; aragorn; houeto; Quix; B4Ranch; Whenifhow; Silentgypsy; Lurker; BenKenobi; ...
"Insanity Wave" ping.

Low-volume (I hope) ping list scanning the increase of insane murder and suicide statements and events.

FReepmail me if you want on or off The Comedian's "Insanity Wave" ping list...


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

42 posted on 11/14/2010 4:51:14 PM PST by The Comedian (I enjoy progressives, especially in a light cream sauce.)
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To: PaleoBob

“Billy Ayers said that as many 25 million would have to be killed.”

That was when the population of the US was less than half of what it is today. I would imagine we’re talking 3 times that number with ‘inflation.’

I only wish I was being sarcastic.


43 posted on 11/14/2010 4:52:38 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: Brilliant
"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." BRILLIANT, indeed....I'm stealing for my tagline...okay?
44 posted on 11/14/2010 4:57:42 PM PST by goodnesswins (You deciding how to spend your health care $, thatÂ’s one thing. Govt deciding, thats a death panel)
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To: 2ndDivisionVet

Or we can defund the EPA, FDA, Most of the FCC, the BATF, the arts, the NEA, and most of the DHS and run a 1980s Hong Kong style manufacturing dreadnaught for a decade, and manufacture our way to prosperity.

I know which path I like.


45 posted on 11/14/2010 4:58:24 PM PST by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.8)
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To: 2ndDivisionVet; All

Great post/thread. I got the little bearded totalitarian’s death panel. Krugman is king in the stack of domestic enemies playing cards.

Life, liberty and the pursuit and destruction of totalitarians.


46 posted on 11/14/2010 5:04:17 PM PST by PGalt
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To: WashingtonSource

I elect the libdems to go first Death is their thing and then we can heckle them at their funerals! The libs are the leaches in society get rid of them and everything balances out!!


47 posted on 11/14/2010 5:06:10 PM PST by timetostand (Ya say ya wanna revolution -- OK!)
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To: Brilliant

Never Again is here thanks to Obama, Pelosi, Reid and every vote for this DeathCare. Bend over America and kiss your rear goodbye.

Holocaust of whomever the Ruling Class decrees???? Of course, the Ruling Class exempted themselves. What about their relatives?


48 posted on 11/14/2010 5:06:25 PM PST by ExTexasRedhead
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To: kalee

bttt


49 posted on 11/14/2010 5:07:51 PM PST by kalee (The offences we give, we write in the dust; Those we take, we engrave in marble. J Huett 1658)
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To: kalee

bttt


50 posted on 11/14/2010 5:08:00 PM PST by kalee (The offences we give, we write in the dust; Those we take, we engrave in marble. J Huett 1658)
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