How Obamacare Could Be Squeezing Consumer Spending

A bevy of recent data suggests American shoppers — long the buy-it-now drivers of global economic growth — have lost the spring in their step. It wasn't supposed to be this way: Winter's chill has faded, gas prices are well below last summer's highs, the job market is strong, housing is steady and the stock market is at record highs. On Friday, the University of Michigan's consumer sentiment index fell from 95.9 in April to 88.6 in May. This was well below expectations and flies in the face