Nobel Prize winning âeconomistâ Paul Krugman spoke at Sixth & I Historic Synagogue in Washington, D.C. last week. 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 at President Obamaâs 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 risingâ¦there is this question of how weâre going to pay for the programs. The year 2025, the year 2030, something is going to have to giveâ¦. â¦. Weâre going to need more revenueâ¦Surely it will require some sort of middle class taxes as well.. We wonât 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 taxâ¦And weâre also going to have to make decisions about health care, doc pay for health care that has no demonstrated medical benefits . So the snarky versionâ¦which I shouldnât even say because it will get me in trouble is death panels and sales taxes is how we do this. <iframe width="560" height="315" src="http://www.youtube.com/embed/H9u2Lf0DdzA" frameborder="0" allowfullscreen></iframe>