If it wasn't for the (government-mandated) spending surge resulting from Obamacare, which seems to be despised by a majority of the US population, we wouldn't have seen the biggest jump in Healthcare Services spending in the past quarter in history and added 1.1% to GDP ...
... real Q1 GDP (in chained 2009 dollars), which rose only $4.3 billion sequentially to $15,947 billion. If not for this, it would have been a negative 1.0%!
It's curious how the weather impacted (or rather is used as an excuse to explain) everything but government-mandated healthcare spending in the first quarter.
And of course, for all those who correctly point out that mandatory spending on healthcare, also known as malinvestment, took away from spending on every other discretionary item possible, well... you are right.
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