Krugman: Death Panels, VAT Will Fix Debt Crisis

Sunday, 14 Nov 2010 05:31 PM

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.

(Remember when the liberal media made fun of Sarah Palin for saying this was coming?  Remember when the MSM… run by the Progressive Left got middle America ‘not to believe’ WH Science Czar John Holdren’s own words… that there were death panel provisions written into ObamaCare as well as in Holdren’s own books? Remember when the pro-ObamaCare leftist media ignored Ezekiel Emanual’s Complete Lives System?  Well here it is now…  As Nancy Pelosi said, “You have to pass the bill to find out what’s in it!”… although those of us who read the bill online knew death panels were in it!)

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.

He continued: "If they [the Debt Commission] were going to do reality therapy, they should have said, ‘OK, look, Medicare is going to have to decide what it’s going to pay for. And at least for starters, it’s going to have to decide which medical procedures are not effective at all and should not be paid for at all. In other words, it should have endorsed the panel that was part of the healthcare reform.’"

Krugman also criticized Republican plans to fully extend the Bush tax cuts, including those who make more than $250,000 a year.
He said: "The cost of permanently extending just the upper-end Bush tax cuts, as opposed to only extending the middle-class tax cuts, the 75-year cost of that is just about identical to the 75-year accounting shortfall in Social Security. So we’ve got people who are saying, ‘Oh, Social Security, got to do something about it, but let’s extend those tax cuts for rich people. This is showing how the priorities are all skewed.’”

Apparently realizing his comments were inflammatory, Krugman took to his blog Sunday afternoon to immediately “clarify” his comments.

“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,” he wrote. “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.

He then provided a link to a June 20th column in which he also described “death panels,” but only in passing and in a mocking way. The column is actually about budget deficits.

What he doesn’t say is that he has written at least half a dozen columns repeatedly referring to death panels the last year in an ongoing effort to malign Palin and other conservatives.

Krugman also conceded his solution may be “politically impossible.” But, he added, “I believe that some day — maybe in the first Chelsea Clinton administration — it will actually happen.”

© Newsmax. All rights reserved.

About Ask Marion

I am a babyboomer and empty nester who savors every moment of my past and believes that it is the responsibility of each of us in my generation and Americans in general to make sure that America is as good or even a better place for future generations as it was for us. So far... we haven't done very well!! Favorite Quotes: "The first 50 years are to build and acquire; the second 50 are to leave your legacy"; "Do something that scares you every day!"; "The journey in between what you once were and who you are becoming is where the dance of life really takes place". At age 62 I find myself fighting inoperable uterine Cancer and thanks to the man upstairs and the prayers from so many people including many of my readers from AskMarion and JustOneMorePet... I'm beating it. After losing our business because of the economy and factors related to the re-election of President Obama in 2012 followed by 16-mos of job hunting, my architect-trained husband is working as a trucker and has only been home approximately 5-days a month since I was diagnosed, which has made everything more difficult and often lonely... plus funds are tight. Our family medical deductible is 12K per year for two of us; thank you ObamaCare. But thanks to donations from so many of you, we are making ends meet as I go through treatment while taking care of my father-in-law who is suffering from late stage Alzheimer's and my mother-in-law who suffers from RA and onset dementia as well as hearing loss, for which there are no caretaker funds, as I continue the fight here online to inform and help restore our amazing country. And finally I need to thank a core group of family, friends, and readers... all at a distance, who check in with me regularly. Plus, I must thank my furkids who have not left my side through this fight. You can see them at JustOneMorePet.
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2 Responses to Krugman: Death Panels, VAT Will Fix Debt Crisis

  1. Pingback: Death Panels are HERE | askmarion

  2. Pingback: AGENDA 21 AND DEPOPULATION ACCORDING TO JOHN HOLDREN, OBAMA’S SCIENCE CZAR « How Did We Get Here

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