Obama is the Health-Care Industry President

Philip Bump: “In the past three months, the health-care industry has added 135,000 jobs … Over the 78 months of Obama’s presidency, the industry has lost jobs in only three — all between May and December 2013. Otherwise: Up, up, up.”

“When we analyzed industries last December, with the November jobs data, you could see that the percentage growth in health care tracked pretty steadily with overall employment. Oil and gas, with far fewer employees, had grown much faster since the depths of the recession, thanks to the oil boom in North Dakota, Texas and Oklahoma.”

“So what’s Obama’s legacy? … If the percentage of oil and gas jobs slips, health care will become the bigger growth industry by both metrics.”

“Obama’s legacy was secured in part by the Supreme Court decision to uphold Obamacare last week. With these numbers, we might as well go ahead and call him the health-care industry president.”

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