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How Obamacare Helped Crash the Economy

CODE RED

In the first quarter of 2014, GDP shrunk 2.9 percent and most of the reason is because health-care spending declined. That doesn’t mean we’re in for a recession though.

Daniel Gross

Published Jun. 25 2014 7:35PM EDT

articles/2014/06/25/how-obamacare-helped-crash-the-economy/140625-gross-economy-tease_qggnyd — The Daily Beast

Obamacare did help crash the economy. Only not in the way its critics thought it would.

The Commerce Department on Wednesday revised the growth figures for the first quarter of 2014, and concluded that the economy shrunk at a 2.9

Daniel Gross

Daniel Gross

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