Democrats are working to grow an economy that strengthens our country and middle-class families for the long run. We are committed to helping all Americans confront the challenges of the 21st century by spurring job creation, rebuilding our infrastructure, investing in clean-energy technologies and small businesses, and restoring fairness and opportunity to our economy.
When President Obama took office in 2009, he inherited an economy in free fall, with huge deficits, skyrocketing health care costs, dwindling employment, and banking and housing markets on the brink of collapse. Working with the President, Democrats stabilized the financial system and helped to prevent a second Great Depression.
Our economy has now added over 12.8 million private sector jobs and seen over 64 straight months of growth — the longest streak on record.
Democrats have cut taxes for working families, provided help for small businesses and homeowners, and strengthened consumer protections. Despite Republican obstruction at almost every turn, Democrats have provided relief for hardworking Americans who lost their jobs through no fault of their own.
Democrats reinstated fiscal responsibility in government spending and ensured that American taxpayers will never again be forced to bail out big banks.
We still have work to do, but Democrats are moving forward with a middle-class economics plan to continue to strengthen the economy and create jobs for American workers.
We want to ensure that all Americans have the opportunity to succeed and that all working families can enjoy economic security. That’s why we’re improving access to education from preschool to college, reforming the tax code to reward and support working families, and helping workers save for retirement.