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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
Rare truth in mainstream media. Ed is a fairly conservative writer, but at least CNBC is giving this analysis a platform.
1 posted on 06/26/2014 5:33:37 AM PDT by SoFloFreeper
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To: SoFloFreeper

Bush’s fault.


2 posted on 06/26/2014 5:34:05 AM PDT by YourAdHere (I flip off all Obama bumper stickers.)
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To: SoFloFreeper

What ‘life’ is there in our economy?


3 posted on 06/26/2014 5:34:59 AM PDT by tgusa (gun control: deep breath, sight alignment, squeeze the trigger .......)
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To: SoFloFreeper

The treasonous EXEMPT in Congress and the
mislabeled “journalists” in the PR-rep “LSM”
are enablers of this Obama-engineer DISASTER.


4 posted on 06/26/2014 5:36:15 AM PDT by Diogenesis
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To: SoFloFreeper

Five years after everyone on this forum said that ... but that’s OK.


5 posted on 06/26/2014 5:41:57 AM PDT by TigersEye ("No man left behind" means something different to 0bama.)
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To: YourAdHere
"Bush’s fault."

Modified version: It is the evil Republicans and the Tea Party's fault. If we (the Rats) only assume total control over everything, all will be fixed and the people will see the wisdom of giving the government the power of life and death.

6 posted on 06/26/2014 5:47:23 AM PDT by Truth29
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To: SoFloFreeper

That’s the plan. Just wait until every third world illegal immigrant start flooding rolls.


7 posted on 06/26/2014 5:54:07 AM PDT by Organic Panic
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To: SoFloFreeper

Not a whole lot of it left to suck.


8 posted on 06/26/2014 5:55:54 AM PDT by b4its2late (A Progressive is a person who will give away everything he doesn't own.)
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To: Truth29

They will probably use that excuse word for word.


9 posted on 06/26/2014 5:58:29 AM PDT by Texas resident (The democrat party is the CPUSA)
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To: SoFloFreeper

HELL FIRE!! There IS no life in this economy! WORST recovery in the history of the nation!!


10 posted on 06/26/2014 5:59:28 AM PDT by weezel
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To: SoFloFreeper


11 posted on 06/26/2014 6:05:09 AM PDT by Iron Munro (The Obamas' Black skin has morphed into Teflon thanks to the Obama Media)
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To: SoFloFreeper
That's what it is designed to do. Everything Ubama does is Cloward-Piven, but I have to admit that conspiring with Latin American leaders to collapse the US border was a stroke of genius. He really outdid himself on that one.
12 posted on 06/26/2014 6:06:17 AM PDT by E. Pluribus Unum ("The more numerous the laws, the more corrupt the government." --Tacitus)
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To: TigersEye

Yeah, but y’all were racist for saying it.


13 posted on 06/26/2014 6:06:51 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: SoFloFreeper
WILL?
He already has. . . . . .
14 posted on 06/26/2014 6:08:21 AM PDT by DeaconRed (Why would ANYBODY want to be President after the mess ZERO is leaving?)
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To: tgusa

What ‘life’ is there in our economy?

Obamacare is like having breathing tubes down your throat and trying to smoke a cigarette at the same time.


15 posted on 06/26/2014 6:09:40 AM PDT by jsanders2001
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To: SoFloFreeper
Obamacare Will is Sucking the Life Out of the Economy
Fixed.
16 posted on 06/26/2014 6:09:49 AM PDT by FreedomGuru (Time for torches and pitchforks.)
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To: E. Pluribus Unum
That's what it is designed to do.


17 posted on 06/26/2014 6:14:07 AM PDT by Iron Munro (The Obamas' Black skin has morphed into Teflon thanks to the Obama Media)
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To: SoFloFreeper
Don't Miss Out This Year!

"Barack Obama's Sixth Annual Recovery Summer"


18 posted on 06/26/2014 6:17:56 AM PDT by Iron Munro (The Obamas' Black skin has morphed into Teflon thanks to the Obama Media)
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To: SoFloFreeper

This is what Obama is doing to the whole country..He is not going to rest until it all looks like these pictures..

http://youngcons.com/29-mindblowing-photos-that-show-you-how-badly-liberalism-has-ruined-detroit/


19 posted on 06/26/2014 6:19:22 AM PDT by PLD
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To: SoFloFreeper
All by design, Comrade. All. By. Design.
20 posted on 06/26/2014 6:20:29 AM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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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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