Paul Krugman, Death Panels, Health Care, Taxes and the Disabled

Nobel Prize winning “economist” Paul Krugman spoke at Sixth & I Historic Synagogue in Washington, D.C. . During the Q&A session following the lecture, an audience member asked him about the rising national debt.

Eventually we do have a problem. That the population is getting older, health care costs are rising… there is this question of how we’re going to pay for the programs. The year 2025, the year 2030, something is going to have to give… We’re going to need more revenue… Surely it will require some sort of middle class taxes as well.. We won’t be able to pay for the kind of government the society we want without some increase in taxes… on the middle class, maybe a value added tax… And we’re also going to have to make decisions about health care, doc pay for health care that has no demonstrated medical benefits. So the snarky version… which I shouldn’t even say because it will get me in trouble, is death panels and sales taxes is how we do this.

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