Krugman nails it!

Taichiliberal

Shaken, not stirred!
Paul Krugman is not someone that I agree with all the time, but even he sees the error of the National Commission on Fiscal Responsibility and Reform that Obama approved of. It's one of the reasons why he's lost a lot of confidence and support from the people that elected him:

The Hijacked Commission
By PAUL KRUGMAN
Published: November 11, 2010

http://www.nytimes.com/2010/11/12/opinion/12krugman.html?_r=2&hp

Actually, though, what the co-chairmen are proposing is a mixture of tax cuts and tax increases — tax cuts for the wealthy, tax increases for the middle class. They suggest eliminating tax breaks that, whatever you think of them, matter a lot to middle-class Americans — the deductibility of health benefits and mortgage interest — and using much of the revenue gained thereby, not to reduce the deficit, but to allow sharp reductions in both the top marginal tax rate and in the corporate tax rate.
 
Paul Krugman is not someone that I agree with all the time, but even he sees the error of the National Commission on Fiscal Responsibility and Reform that Obama approved of. It's one of the reasons why he's lost a lot of confidence and support from the people that elected him:

The Hijacked Commission
By PAUL KRUGMAN
Published: November 11, 2010

Actually, though, what the co-chairmen are proposing is a mixture of tax cuts and tax increases — tax cuts for the wealthy, tax increases for the middle class. They suggest eliminating tax breaks that, whatever you think of them, matter a lot to middle-class Americans — the deductibility of health benefits and mortgage interest — and using much of the revenue gained thereby, not to reduce the deficit, but to allow sharp reductions in both the top marginal tax rate and in the corporate tax rate.

also, they waited until obama was out of town to publish
 


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November 14, 2010, 12:40 pm
Death Panels and Sales Taxes


I said something deliberately provocative on This Week, so I think I’d better clarify what I meant (which I did on the show, but it can’t hurt to say it again.)

So, what I said is that the eventual resolution of the deficit problem both will and should rely on “death panels and sales taxes”. What I meant is that

(a) health care costs will have to be controlled, which will surely require having Medicare and Medicaid decide what they’re willing to pay for — not really death panels, of course, but consideration of medical effectiveness and, at some point, how much we’re willing to spend for extreme care

(b) we’ll need more revenue — several percent of GDP — which might most plausibly come from a value-added tax

And if we do those two things, we’re most of the way toward a sustainable budget.

By the way, I’ve said this before.

Now, you may declare that this is politically impossible. But medical costs must be controlled somehow, or nothing works. And is a modest VAT really so much more implausible than ending the mortgage interest deduction?

So that’s my plan. And I believe that some day — maybe in the first Chelsea Clinton administration — it will actually happen.

Update: Henry Aaron is thinking along similar lines.

http://krugman.blogs.nytimes.com/
 
They suggest eliminating tax breaks that, whatever you think of them, matter a lot to middle-class Americans — the deductibility of health benefits and mortgage interest — and using much of the revenue gained thereby, not to reduce the deficit, but to allow sharp reductions in both the top marginal tax rate and in the corporate tax rate.

It will take time to crunch the numbers here, but this proposal clearly represents a major transfer of income upward, from the middle class to a small minority of wealthy Americans. And what does any of this have to do with deficit reduction?

This is disgusting.
 
krugman_main.png



November 14, 2010, 12:40 pm
Death Panels and Sales Taxes


I said something deliberately provocative on This Week, so I think I’d better clarify what I meant (which I did on the show, but it can’t hurt to say it again.)

So, what I said is that the eventual resolution of the deficit problem both will and should rely on “death panels and sales taxes”. What I meant is that

(a) health care costs will have to be controlled, which will surely require having Medicare and Medicaid decide what they’re willing to pay for — not really death panels, of course, but consideration of medical effectiveness and, at some point, how much we’re willing to spend for extreme care

(b) we’ll need more revenue — several percent of GDP — which might most plausibly come from a value-added tax

And if we do those two things, we’re most of the way toward a sustainable budget.

By the way, I’ve said this before.

Now, you may declare that this is politically impossible. But medical costs must be controlled somehow, or nothing works. And is a modest VAT really so much more implausible than ending the mortgage interest deduction?

So that’s my plan. And I believe that some day — maybe in the first Chelsea Clinton administration — it will actually happen.

Update: Henry Aaron is thinking along similar lines.

http://krugman.blogs.nytimes.com/


You know what is so ironic here is that what he really means is death pannels. Denied coverage decided upon by someone other than you...period.
 
You know what is so ironic here is that what he really means is death pannels. Denied coverage decided upon by someone other than you...period.

Period? That time of the month...I sympathize, but it doesn't excuse your ignorance.

What is really ironic, I offered you a link to an interview with a 15 year executive at CIGNA, where he describes REAL death panels by insurance cartels. He even explains how Wall Street investors severely punish any insurance company that doesn't deny enough claims.

I operate on facts and reason, you operate on fear and dogma. You are welcome to do that, but I will continually set you straight.
 
Period? That time of the month...I sympathize, but it doesn't excuse your ignorance.

What is really ironic, I offered you a link to an interview with a 15 year executive at CIGNA, where he describes REAL death panels by insurance cartels. He even explains how Wall Street investors severely punish any insurance company that doesn't deny enough claims.

I operate on facts and reason, you operate on fear and dogma. You are welcome to do that, but I will continually set you straight.

Any time you have a third party involved you will have "death pannels"! It does not matter if it is an incurance company or the government. The best way to create a consumer driven market as opposed to a profit alone driven one- is to implement incentives for insurers to compete. The government will have no such incentives and will just make broad determinations and there will be NO one to force them to change!

And fuck you on your stupid period comment~
 
Any time you have a third party involved you will have "death pannels"! It does not matter if it is an incurance company or the government. The best way to create a consumer driven market as opposed to a profit alone driven one- is to implement incentives for insurers to compete. The government will have no such incentives and will just make broad determinations and there will be NO one to force them to change!

And fuck you on your stupid period comment~

How many elderly Americans has Medicare euthanized in 45 years?

What Krugman is saying makes perfect sense, except to paranoid people on the right.
 
How many elderly Americans has Medicare euthanized in 45 years?

What Krugman is saying makes perfect sense, except to paranoid people on the right.

The question is with a "death pannel" how many will they be able to deny coverage to going forward~ THAT is what Krugman WANTS to have the power to do.
 
The question is with a "death pannel" how many will they be able to deny coverage to going forward~ THAT is what Krugman WANTS to have the power to do.

Krugman was being 'deliberately provocative' about 'death panel and taxes'

provocative synonyms: annoying, challenging, disturbing, galling, goading, insulting, offensive, outrageous

HERE is what you need to concentrate on, it makes sense.

PAUL KRUGMAN, NEW YORK TIMES: If they were going to do reality therapy, they should have said, OK, look, Medicare is going to have to decide what it's going to pay for. And at least for starters, it's going to have to decide which medical procedures are not effective at all and should not be paid for at all. In other words, it should have endorsed the panel that was part of the health care reform.

If it's not even -- if the commission isn't even brave enough to take on the death panels people, then it's doing no good at all. It's not educating the public. It's not telling people about the kinds of choices that need to be made.


Read more: http://newsbusters.org/blogs/noel-s...eath-panels-help-balance-budget#ixzz15NRCeZES
 
Krugman was being 'deliberately provocative' about 'death panel and taxes'

provocative synonyms: annoying, challenging, disturbing, galling, goading, insulting, offensive, outrageous

HERE is what you need to concentrate on, it makes sense.

PAUL KRUGMAN, NEW YORK TIMES: If they were going to do reality therapy, they should have said, OK, look, Medicare is going to have to decide what it's going to pay for. And at least for starters, it's going to have to decide which medical procedures are not effective at all and should not be paid for at all. In other words, it should have endorsed the panel that was part of the health care reform.

If it's not even -- if the commission isn't even brave enough to take on the death panels people, then it's doing no good at all. It's not educating the public. It's not telling people about the kinds of choices that need to be made.


Read more: http://newsbusters.org/blogs/noel-s...eath-panels-help-balance-budget#ixzz15NRCeZES

WOW he was being provocative by calling them death pannels! Like that's the same fucking thing liberals call it when insurance companies deny coverage!

Which brings us back to the fricking crux of it. With private insurance at least we have regulation and government oversight (the proper role of government) With the government in charge we have NO oversight!...This is why the best solution to heath care is consumer driven incentives set up in much the same way auto insurance is...able to have portable coverage-competition and even tailor fitted policies; why should a retired widower pay for pregnancy related coverage etc. Create consumer co-ops for price negotiations-streamline regulations between states for easier competition between carriers. In other words there are numerous opportuities to actually fix and reform the system we have. A system that gives the people better choices and more affordable care. Leave the goverments role as regulators providing oversight- and have the government provide an umbrella of care for the truly indigent and needy.
 
WOW he was being provocative by calling them death pannels! Like that's the same fucking thing liberals call it when insurance companies deny coverage!

Which brings us back to the fricking crux of it. With private insurance at least we have regulation and government oversight (the proper role of government) With the government in charge we have NO oversight!...This is why the best solution to heath care is consumer driven incentives set up in much the same way auto insurance is...able to have portable coverage-competition and even tailor fitted policies; why should a retired widower pay for pregnancy related coverage etc. Create consumer co-ops for price negotiations-streamline regulations between states for easier competition between carriers. In other words there are numerous opportuities to actually fix and reform the system we have. A system that gives the people better choices and more affordable care. Leave the goverments role as regulators providing oversight- and have the government provide an umbrella of care for the truly indigent and needy.

You have just described H.R.3590 - Patient Protection and Affordable Care Act
 
also, they waited until obama was out of town to publish
24 posts and undeniably a pinhead of the first order....
I think Jarhead, Desh, Rana and Christiefan are gonna get some competition for Number 1 idiot of the board....damn, its gonna be close.:palm:
 
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