Democrats are fighting for the middle and working classes by enacting policies that grow the economy and create jobs. The private sector created 41,000 jobs in May, and the unemployment rate fell to 9.7%. Here are the results:

JOBS

In the last 3 months, we have created an average 317,000 jobs. The current unemployment rate is 9.7%. During the last 3 months of the Bush Administration, we lost on average 726,000 jobs.

STOCK MARKET

Since we passed the Recovery Act, stocks have gone up across the board. The DOW has gone up nearly 60%; the S&P is up over 60%; and the Nasdaq is up over 80%.

GDP

During the last quarter of the Bush Administration, the economy contracted -5.4%. We’ve now seen 3 quarters of economic growth, the most recent a +3.0% growth in the first quarter of 2010.

TAXES

Under President Obama, 98% of families are seeing their taxes decrease for tax year 2009. Average refunds are up 10%, around $3,000. The Recovery Act cut taxes by $262B, including $232B for families, $10B for businesses, and $20B in incentives for renewable energy and energy efficiency.

HOUSING

In April, U.S. home sales rose for the third consecutive month. The Pending Home Sales Index climbed from 104.6 in March to 110.9 in April, 22.4% higher than April 2009.