Why The US Consumer Is About To be Crushed: The Obamacare Inflationary Deluge Arrives
by Tyler Durden
ZeroHedge.com
05/22/2015
For the past three years, the biggest argument supporters of Obamacare would trot out every single time when faced with opposition to the mandatory tax, would be that despite widespread predictions of soaring prices, US medical care service costs had remained low and even, on occasion, declined. All that changed moments ago when core US inflation finally spiked the most since 2013 driven by a 0.7% monthly surge in medical care service costs: the highest since 2007!
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