Paul Krugman: 'Death Panels and Sales Taxes is How We Do This'

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

Earlier in the evening, Krugman had already vocalized his satisfaction with President Obama’s apparent lack of concern over the exploding cumulative deficit. However, in a moment of brutal honesty, the esteemed Princeton professor revealed his long term prognosis. According to the professor:

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.

Years of accumulating debt and expanding government programs only moves us down the “road to serfdom.” As Krugman crudely surmised, the consequence is government confiscation of wealth and government control over health care. Rarely are Leftists so candid in articulating their hopes. “Death panels and sales taxes” is the mantra of those seizing power in the nation founded on the rights of “life, liberty, and the pursuit of happiness.” What a difference two centuries makes. 

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Joel Griffith

Joel Griffith is a licensed attorney, admitted to the California State Bar. He graduated from the Chapman University School of Law with a dual emphasis in alternative dispute resolution and tax law. At Chapman, Joel was a charter board member and Treasurer of the Investment Law Society, served on the board of the Chapman chapter of the California Republican Lawyers Association, competed on both the mock trial and mediation teams. Joel has experience in public policy research, legislative analysis, and campaign leadership. Most recently, he worked with a Republican presidential campaign as MI state field director, OH state operations director, and parliamentarian/assistant delegate strategist in WA. As a journalist, numerous outlets have featured Joel's work, including redalertpolitics.com, breitbart.com, biggovernment.com, policymic.com, and safehaven.com. In addition to law and politics, Joel continues to manage an equities portfolio, focusing primarily on the banking sector. Joel's seeks to advocate for economic freedom and individual liberty.

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