Free Markets, Free People


Krugman: was he lying then or is he lying now?

My bet would be on “then”, because in a moment of exquisite candidness, Paul Krugman – the man who has said “What? Me worry?” about the deficit and the debt, who claimed ObamaCare would do what Obama promised, – has apparently been drugged and finally told the truth:

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 will 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.

Gee … everything everyone who has paid attention has been saying all along.  Middle class taxes (you have to shake your head at his “oh well” approach to a middle class tax.  A sales tax.  Perhaps the most regressive tax going).  Death panels. Etc.

But it’s safe now … selling his credibility and being a hack has landed Obama another 4 years.

Apparently he’s on a “resurrect Paul Krugman’s professional reputation” tour.

Not that it’s working.

~McQ

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