Investors.com
Krugman:
Death Panels and
Middle-Class Tax Hikes Ahead
Big
Government: We almost never
agree with President Obama's favorite economist Paul Krugman, but he
recently
spoke the truth about where Obama's policies are taking the country. It
should
scare anyone with a pulse.
Krugman,
after speaking at the
Sixth & I Historic Synagogue in Washington, D.C., was asked
about the debt
crisis. After arguing it's no big deal in the near term, Krugman
admitted that
"Eventually we do have a problem. The population is getting older,
health
care costs are rising ... . Something is going to have to give."
What's
that something? According to
Krugman, it's middle-class pocketbooks.
"We
won't be able to pay for
the kind of society we want without some increases in taxes," he said,
"and surely in the end it will require some middle-class taxes as well,
maybe a value added tax."
That's
not all. We're also
"going to have to ... really make decisions about health care, (and)
not
pay for health care that has no demonstrated medical benefits."
In
case anyone failed to get what
he was talking about, Krugman made it clear, saying the snarky version
is:
"Death
panels and sales taxes
is how we do this."
This
wasn't the first time Krugman
has used this line — a couple years ago he said pretty much the same
thing on
NBC's "This Week." And to his credit, Krugman is at least being
honest about the miserable end to which liberalism leads. If the
government
continues on its current course, the nation's debt will climb
inexorably
higher.
But
Krugman's bleak future is
hardly set in stone…
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the rest of this article at Investors.com
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