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As did the cost of healthcare. Also look at the health insurance stock when Biden was officially nominated. Edit: source https://www.cnbc.com/2019/05/20/crame

• wwweston 5y ago
  Consider this graph of US healthcare spending acceleration: https://www.healthsystemtracker.org/chart-collection/u-s-spending-healthcare-changed-time/#item-usspendingovertime_1 https://www.healthsystemtracker.org/chart-collection/u-s-spe... Spending and costs are distinct, of course, but they're related, and you'll see spending track costs directly unless there's a factor that increases/decreases demand for services What do we see? An acceleration bump in 2014/2015, and then it settles back into data whose variation is much like pre-ACA dynamics. 2014 would have been when the exchanges and wide reach of access went into effect. The spending acceleration bump was almost certainly people who didn't have access before using medical services. The idea that the ACA drove some kind of unprecedented increase in costs doesn't track: https://www.thebalance.com/causes-of-rising-healthcare-costs-4064878 https://www.thebalance.com/causes-of-rising-healthcare-costs... And lots of stocks rose when Biden was nominated (and elected). Sensible leadership prospects have their own positive effect on enterprise.
  • luffapi 5y ago
    > And lots of stocks rose when Biden was nominated (and elected). Yes, because he’s a corrupt corporate puppet.