Adam Mockler: GDP Number Is ‘Misleading’

RUSH EXCERPT:

MOCKLER: “Yeah, the GDP number in and of itself, I think is a bit misleading because as you look closer into it, you can see that the vast majority of this comes from rising health care costs. The vast majority of the consumer spending is from rising health care costs. And this is before people are struggling a lot in this economy. So when you look at the GDP, I don‘t know if that reflects how people are feeling on the ground when unemployment is up.”