Posted in Affordable Care Act (ObamaCare), Economic Issues, Government Spending, News From Washington, DC & Related Shenanigans, Policy Issues, Uncategorized, Wealth

Health Spending and First Quarter GDP: What Happened? | Health Policy Blog | NCPA.org

The final estimate of real first quarter Gross Domestic Product GDP has thrown everyone for a loop, reporting an annualized decline of 2.9 percent. It was a huge revision: The previous estimate was that first quarter GDP had declined by only one percent.The huge error in the earlier figure was almost entirely driven by a poor estimate of the effect of ObamaCare by the Bureau of Economic Analysis BEA:

 

via Health Spending and First Quarter GDP: What Happened? | Health Policy Blog | NCPA.org.

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A primary care physician by training, my passion is researching and writing about the importance restoring patient centered care, supporting independent private physicians, promoting free-market solutions and seeking sustainable fiscal policy in healthcare.

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