Largest quarterly spike in healthcare costs in 34 years.
Check it out:
Team Townhall has been all over this morning’s distressing economic news, which makes for an ugly pairing with the latest figures on the health spending explosion under Obamacare. Brit Hume cuts to the core of the juxtaposition in less than 140 characters:
GDP growth slows to .1 % in first quarter as health spending spikes 9.9% in same period. Congressional Dems could hardly get worse news.
Not that things were going swimmingly for them to begin with. Anemic economic growth coupled with the largest quarterly spike in healthcare costs in 34 years is very bad news for the American people, and a full-blown political emergency for Democrats — who own this “recovery,” and who promised Obamacare would bend the health spending cost curve down. Time to fire up the distraction jalopy. In addition to their job-killing minimum wage push, Senate Democrats are proposing a number of measures that would scale back and chill political speech. Exhibit A: