June 26, 2015

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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WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

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