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.
Paul KrugmanIt's a funny thing, by the way, how people who love free markets are also quite sure that they know that investors are being irrational.
Paul Krugman