Obamacare Already Benefitting The Economy

Ken O’Brien

Republicans have been proven completely wrong as the Affordable Care Act helped both personal income and spending increase in January.

On March 3^rd The Wall Street Journal reported in an article titled” Obamacare Effects Account for Most of Income, Spending Increases”:

The Affordable Care Act, President Barack Obama’s signature health law, is already boosting household income and spending.

The Commerce Department reported Monday that consumer spending rose a better-than-expected 0.4% and personal incomes climbed 0.3% in January. The new health-care law accounted for a big chunk of the increase on both                                                                      fronts.