Thanks Obamacare: This Is What Americans Spent The Most Money On In Q4

Tyler Durden's picture

If readers need clarification on what was the primary source of spending-based "growth" for the US economy in the fourth quarter, the same source that bumped up final Q3 GDP from 3.9% to 5.0%, please ping us: we will gladly explain the chart below.  And just in case it is still unclear what Americans are spending their "gas sasvings" on, here it is one more time.

And just in case the fading impact of Obamacare is not already priced in, here is what Q4 inventories did: rising by $113.1 billion in Q4, this was the second highest quarterly increase in the 21st century, second only to September 2010. It's all GDP-crushing liquidations from here.

So big in fact that even the most upbeat permabull has no choice but to admit the truth:

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NoDebt's picture

You see how making more and more of your spending MANDATORY is helping the economy grow?  We should be thankful.

Remember, in statist utopia everything that isn't prohibited will be mandatory.

freewolf7's picture

People knew their deductibles and copays were going to go through the roof in January, so got what they could before then.

MillionDollarBonus_'s picture

I want to see the evidence linking this increase to the Affordable Healthcare Act. We need to be scientific about this and provide reason and evidence for all of our conclusions. This strikes me as sloppy journalism. I don't personally believe that these healthcare costs are the result of Obamacare - in fact, I believe that this increase in healthcare costs calls for even more legislation to make healthcare more affordable. 

DanDaley's picture

Anybody who uses the term Affordable Healthcare Act in taking Kool-Aid I-V.

NotApplicable's picture

Might want to check the batteries in your sarcasm meter.

'Anybody' is a larger set than you assume.

JungleCat's picture

What batteries? Aren't sarcasm-meters solar powered? Using solar cells generously subsidized through US government grants.

Maybe I am confusing them with orgasm meters? I know I have an orgasm going on in my sphincter with all this stimulus I am receiving. And I'm not even gay!

TerminalDebt's picture

everybody knows government oversubsidised ethanol is more patriotic that solar.

knukles's picture

Classic precursor to further economic downturns. 
Think as if the increase in healthcare costs was like a massive increase in energy prices draining discretionary spending power further (Very Bad)
And massive inventory accumulation means layoffs to rid costs from businesses as production slows down the lines.  (Very very Bad)

Buy them bonds, kiddies.
Y'all ain't seen nuffin, yet.

Four chan's picture

no wonder we didn't hear a peep from big hospital, big pharma, or big insurers. when this was pushed down our throats by reid pelosi and the dems.

Shocker's picture

Cost go up and up... Jobs go down and down

Layoff / Closing List:



new game's picture

observation:food cost down, yea idiots bought junk/shit food sugar-HFCS/processed garbage for cheaper and needed moar medical care like pink eye, ear infections ect. duh, fucking scam of the century cheap non-food(can't even call it food) and higher medical care at scam cost and what is medical care? huh, "here is your prescription, go home and relax and watch some tb and you will be fine". "thanks doc, your wonderfull"...

where is my oxy, i need to be beamed out of here asap, can't hardly take this fucked up mess anymore s/

have a wonderfully, healthy day...

ps. sipping some home brew probiotics with a little concord grape and sour cherry nectar-organic and not from concentrate.

Bananamerican's picture

MDB has twice as many down arrows to up....
Which means there are twice as many dumbshits to perceptives on ZH.
Would you dullards still be huffing and puffing if MDB changed his screen name to SarcMonkey?

The9thDoctor's picture

when this was pushed down our throats by reid pelosi and the dems.

...and Mitt Romney too.  Lets not be partisan around here when both parties benefit from this screwjob.

847328_3527's picture

It's some of the best community organizing I've seen thus far.

Skateboarder's picture

I saw a deathcare.gub commercial the other day. Something about a deadline. Damn near threw the remote at the teevee.

Beowulf55's picture

Hey Skateboarder.....I don't have a TV, don't know anything about a deadline, and I never signed up. 




I'll comply when I am dead.

Hopeless for Change's picture

Sorry dude.  The Democrats OWN this law.  "Both sides do it" is a bunch of horse shit.  Obamacare's passage was a hyper-partisan Liberal wet dream, with only a select few gutless Repugnicants who were bribed with our money to vote yes.  

I absolutely cannot wait for the sheeple to finally realize how badly they have been raped by the Democrats when the corporate mandate begins.  Hopefully the standard deceitful practice of waiting until after the election in 2016 won't be allowed.  Once the sheeple realize how much this is costing them, the Democrats will get annihilated for the next 10 years.

Chaos Trend's picture

Actually, there were precisely zero Repugnicant votes for BarryCare. You had it right initially, this is 100% on the Dems.

caconhma's picture

 Republicans could veto the Obamacare but they did not. 

Every 4-8 years US oligarchy is playing this game changing one POS for another. Yes, G. Bush was a great leader following by even greater great leader Obama following with even greater super-great great another Bush or even McCain or Sara Pailin.

People, you are something.

Glass Steagall's picture

cacaonhma is correct - 

I am still amazed by how many people find their way to this site and still espouse this left-right bullshit. How anyone can hold any faith is the political process once confronted with what is glairing truth (Republodems) that they are getting played, is unfathomable. 


We are doomed. <bug-out sequence, initiate...>

Pickleton's picture

Actually, no republican voted for it.  The only people that stood in the way of it's passage were democrats and they were bribed and blackmailed by their own party to vote for it.

This factual reminder is in no way meant to be construed as support for suck ass republicans who absolutely would not repeal the law no matter how much of a majority they held.

Bro of the Sorrowful Figure's picture

oh good so youre telling me the next 10 years will be filled with new wars!

Creepy A. Cracker's picture

"...and Mitt Romney too."

Frick'n moron.  Mitt Romney was not in the senate, not in the congress, and not president when Obamacare was voted on and passed.  Romney had nothing to do with Obamacare.  Yes, libtards try to claim that Obamacare is a conservative plan becasue the Heritage Foundation wrote a paper about healthcare decades ago ( (if it's so great why aren't they bragging about it being 100% democrat passed).  Yes, Mass is being bankrupted by the nightmare of government healthcare - which Romney did take part in.  But, NO, Romney - all republicans, actually - had nothing to do with the passage of the nightmare known as Obamacare.

The_Dude's picture

The fuck you long as squishy republicrats play the statist game of trying to consolidate power into gov hands through a game of buying votes from feeble minded voters (especially trying to beat the demoncrats at their own game), they all should be held suspect.  They are (mostly) Statist, power crazed lunatics that will marginalize your rights at any turn to further their control.

The sooner you realize what you are up against, the sooner this scum will hang from lamp posts and the people wil have their rights back.

PhysicalRealm's picture

To upvote The9thDoctor's post above (you know you want to) left click on the gray background, tab to the userid, tab to the avatar, then tab once more to the upvote thing, and hit enter.  If you clicked lower in the gray field you won't tab to the userid first, you'll go straight to the avatar.

(This bug has something to do with the site not liking a post which begins in italics, IIRC.  Thanks to other posters who have explained how to do this.)

Pickleton's picture

Despite Mitten's major suckage in basically every conceivable way, he held NO elective office at the time sooooo nope, not so much.

loonyleft's picture

we can only thank the one god that now that the republicans control the house and senate that obamacare will be repealed. 

Son of Loki's picture

Don't get sick ! Try to avoid the pesticide coated, antibiotic saturated, fructose manufatured, hormone enhanced eggs, pink slime meat and green shoots they call veggies.

August's picture

Don't worry.  Sure Obamacare is an expensive, non-functional, fascist rip-off of the American population.  But in just a few short years the Rethuglicans will smooth out most of those wrinkles, and the reformed health system will fit you, your children, and your children's children, like a gimp suit.

JR's picture

This is hardly what you call growth; it’s just transfer.

azusgm's picture

Oversubsidized ethanol is especially patriotic since it has the triple benefit of subsidizing GMO seeds and Roundup and diverting good farmland away from the production of real foodstuffs.

Win, win, win!


aardvarkk's picture

Pop songs are structured around rhymes.  Somebody needs to write a pop song that uses the words "orgasm" and "sarcasm" in a rhyme.  A guaranteed hit for whoever writes/performs it.

knukles's picture

When the free shit army has an orgasm
What they produce is called sarcasm

sung to any tune you'd like.... best something like Dixie, as I had other ideas for the words but decided against it... one of them politness thaings

El Oregonian's picture

I have to give it to ya MDB, you are consistent in that you seem to never fail to disappoint...


t0mmyBerg's picture

I am pretty sure that MDB is a Ray Kurzweil Algo processing type AI/Expert System/Language Processing construct programmed by someone with a sick sense of humor.

mkhs's picture

According to zerohead, it is Matt Sinclair.

t0mmyBerg's picture

Yeah, thats what they want you to believe.

Ms. Erable's picture

I've always liked the cut of MDB's gibberish.

A Nanny Moose's picture

I wonder how much is for actual Sickcare products and services vs. Premiums for Sick Care coverage.

I got $0 in "Sick Care" Q4. All of my spending was for coverage. Same is Q3.

James-Morrison's picture

Paid $10,800 in premiums plus $1,000 in one doctor's visit. Prior year $5,200 in premium $0 in doctor's visits.

Affordable Schmordable.

If it gets even more affordable, I will go broke.

BooYah Bitchez, Buy, Buy, Buy...

847328_3527's picture

Yeah, I was thrown off my old BCBS plan and forced into Barry's Community Plan which forced my deductible sky high. Bankruptcy due to sickness/costs, Obamacare will move to the forefront.

Richard Chesler's picture

Any resemblance between OBOZOcare and a typical extortion racket is purely coincidental.


bilbo2016's picture

Any resemblance between OBOZOcare and a typical extortion racket is purely intentional, there, fixed it for ya !

Kobe Beef's picture

Just paid 750 bucks, cash, for a root canal and crown. No Insurance, no premiums, etc, because I'm NOT IN THE USSA

America's gonna make you sick, and then it's gonna bankrupt you. Once you've got nothing left to steal, it'll kill you and feed you to the other livestock. Get out.

Creeps's picture

Kill you and bill you.

bullet's picture

MDB ... what happened to your failed progressive blog....

NotApplicable's picture

My guess is that he didn't spend enough time on HuffPo seeding it, so it lacked the activation energy to become self-fueling.