Obamacare is spiking health care costs by at least 10 % annually

As a candidate on the campaign trail in 2008, Obama once said: “If you’ve got health insurance, we’re going to help that employer save $2,500 per family per year. … Those savings are going to be passed along to the workers.”

But the “Affordable Care Act” has actually spiked costs (just as did Medicare and Medicaid before it). See here.

Average cost of health care is going up by about 10 percent annually. Economic growth is still hovering around 1 % per year.