If It Wasn’t For Obamacare, Q1 GDP Would Be Negative

Wednesday, April 30, 2014
By Paul Martin

by Tyler Durden
ZeroHedge.com
04/30/2014

Here is a shocker: for all the damnation Obamacare, which according to poll after poll is loathed by a majority of the US population, has gotten if it wasn’t for the (government-mandated) spending surge resulting from Obamacare, which resulted in the biggest jump in Healthcare Services spending in the past quarter in history and added 1.1% to GDP, real Q1 GDP, which rose only $4.3 billion sequentially to $15,947 billion, would have been negative 1%.

The Rest…HERE

Leave a Reply

Support Revolution Radio