Excluding Obamacare, US Economy Contracted By 2% In The First Quarter

Excluding Obamacare, US Economy Contracted By 2% In The First Quarter

Some have taken a more pessimistic view: “If one excludes the artificial stimulus to the US economy generated from the Obamacare Q1 taxpayer-subsidized scramble, which resulted in a record surge in Healthcare services spending of $40 billion in the quarter, Q1 GDP would have contracted not by 1% but by 2%.”

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