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Obamacare Will Suck the Life Out of the Economy
CNBC ^ | 6/26/14 | Edward Morrissey

Posted on 06/26/2014 5:33:37 AM PDT by SoFloFreeper

The word "unexpectedly" for negative economic reports has become a much-mocked cliché in the media over the past five-plus years of recovery, but this week's final look at first-quarter economic growth deserves an exception. First estimated at a meager 0.1 percent annualized rate, and then downwardly revised to -1.0 percent in May, most economists expected a smaller revision to the downside – in the -1.5 percent-1.8 percent range.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: deathpanels; jobs; obamafail; taxes
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To: Iron Munro


21 posted on 06/26/2014 6:26:44 AM PDT by E. Pluribus Unum ("The more numerous the laws, the more corrupt the government." --Tacitus)
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To: SoFloFreeper

Re the headline: Well, yeah, that is the goal.


22 posted on 06/26/2014 6:36:31 AM PDT by Bigg Red (31 May 2014: Obamugabe officially declares the USA a vanquished subject of the Global Caliphate.)
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