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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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