Here Is The Reason For The "Surge" In Q3 GDP (Obamacare)

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Here Is The Reason For The "Surge" In Q3 GDP (Obamacare)
ZeroHege ^ | 12/23/14 | Tyler Durden

Posted on 12/23/2014 11:51:20 AM PST by GilGil

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To: LMAO

Including the Obamacare premiums overstated the GDP by about 40%. Should have been around 3.5%.

http://economistsview.typepad.com/economistsview/2014/10/bea-real-gdp-increased-at-35-annualized-rate-in-q3.html

21 posted on 12/24/2014 4:07:24 PM PST by GilGil

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To: GilGil

You said...

So ObbamaCare premiums added 2% to the GDP? I didn't see that in the link you gave me

22 posted on 01/02/2015 4:01:13 AM PST by LMAO (("Begging hands and Bleeding hearts will only cry out for more"...Anthem from Rush))

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To: LMAO

If you google GDP for 3rd quarter there are several sources indicating where the increase came from. I was just listening to Peter Schiff in his latest webcast posted on Youtube. This link is a very good explanation.

https://www.youtube.com/watch?v=FMxp6E2XBmM

23 posted on 01/02/2015 12:32:28 PM PST by GilGil

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