Monday, November 15, 2010

Krugman suggests "Death Panels" and VAT to balance the budget

Nobel Prize winning economist Paul Krugman is recommending "Death Panels" and a VAT tax as needed measures to balance the budget. Sarah Palin tried to warn America...

Via NewsBusters:
CHRISTIANE AMANPOUR, HOST: But what is going to happen? I mean, are you clear on where a compromise is going to be? It's got to be discussed before the end of the year, no?

KRUGMAN: No. 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.

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