Chart of the Day: Healthcare Industry Approves of Obamacare Decision

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They might not have said so very loudly, but the health care industry really didn’t want to see Obamacare gutted by the Supreme Court. They’ve invested a lot of money into adapting to it, and to them it’s not socialism run amok or looming tyranny. It’s a positive development that’s bringing American health care into the 21st century. As you can see in the chart below, Wall Street reflected this. When the Supreme Court’s decision was announced, everyone breathed a sigh of relief and health care stocks soared.

Obamacare: Good for America, good for business.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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