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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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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 $, that’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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To: nascarnation

A part of me wonders if some of the “post 65” population will find their health BETTER WITHOUT some of the “care” they are getting.....NO, I do not mean surgery, and other life saving care, etc...I mean a few too many drugs prescribed....we have a friend whose husband is getting concerned because her doc just prescribes drugs for EVERYTHING (she’s 64)....and there are many other solutions she refuses to look into...


51 posted on 11/14/2010 5:08:41 PM PST by goodnesswins (You deciding how to spend your health care $, that’s one thing. Govt deciding, thats a death panel)
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To: Brilliant

It’s the matter of fact way it’s portrayed that’s the most scary for me.


52 posted on 11/14/2010 5:09:16 PM PST by RangerM (Obama believes in his own intuition more than the lessons of history.)
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To: goodnesswins

PS....make that “FDA APPROVED drugs”


53 posted on 11/14/2010 5:09:43 PM PST by goodnesswins (You deciding how to spend your health care $, that’s one thing. Govt deciding, thats a death panel)
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To: 2ndDivisionVet

Again!


54 posted on 11/14/2010 5:12:58 PM PST by Deagle
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To: 2ndDivisionVet

If we could exchange a VAT for the Income Tax, I’d be all for it, but you know politicians will add the VAT then go back on eliminating the Income Tax,

......and we’ll end up with both.


55 posted on 11/14/2010 5:13:02 PM PST by cookcounty (December 31st is coming.....STOP Obama's Midnight Tax Jack-Up!!)
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To: goodnesswins

I would agree with you if they could also be motivated to acheive/maintain fitness and eat a proper diet and supplements.

Obviously a lot of the meds we are using are to compensate for lifestyle issues.


56 posted on 11/14/2010 5:13:08 PM PST by nascarnation
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To: palmer

What makes this idiot think that if enacted all the money won’t be spent on even more useless programs?


57 posted on 11/14/2010 5:17:50 PM PST by animal172 (Where are you America?)
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To: ArmyTeach

So okay, lets start em up in 2019.


58 posted on 11/14/2010 5:18:01 PM PST by jpf (me in 2012.)
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To: 2ndDivisionVet

If you look up ‘useless eater’ in the dictionary, there is a picture of Krugman.


59 posted on 11/14/2010 5:25:36 PM PST by sportutegrl (Why are they called Musketeers if they fight with swords?)
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To: 2ndDivisionVet

These people constantly come up with “solutions” that do not work.

Why believe they have it right now?

It’s called cut entitlement programs, cut taxes, stop killing small businesses, don’t steal our private retirement money, stop spending us into outrageous debt.


60 posted on 11/14/2010 5:32:40 PM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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