Palin's Freudian Slip

Paul Krugman clarifies today on Palin's closing statement:

Sarah Palin ended her debate performance last Thursday with a slightly garbled quote from Ronald Reagan about how, if we aren’t vigilant, we’ll end up “telling our children and our children’s children” about the days when America was free. It was a revealing choice.

You see, when Reagan said this he wasn’t warning about Soviet aggression. He was warning against legislation that would guarantee health care for older Americans — the program now known as Medicare.

Perhaps this choice of phrasing was not accidental, given some reporting in the New Republic:

Barack Obama says John McCain would raise people's taxes by changing the way the IRS looks at health insurance. McCain says he wouldn't.

Who's right?

Quite possibly McCain. But only because he's decided to slash Medicare and Medicaid instead.