In the past four years, Americans have worked together to climb back from the worst economic crisis since the Great Depression. Before President Obama took office in 2009, the economy was losing nearly 800,000 jobs a month. Now, under the President’s leadership, the economy has added 4.5 million private sector jobs over the last 29 months.
There is much more work to do to build a stronger, globally competitive economy from the middle class out. But here’s a look back at what we’ve accomplished together with the President at the helm:
Creating and saving American jobs: The month President Obama took office, we lost 839,000 private sector jobs. Now, we’ve experienced 29 straight months of private sector job growth, with businesses creating over 4.5 million jobs during that time. After 13 straight years of losing manufacturing jobs, we are now seeing the strongest 30-month period of manufacturing job growth since June 1989. Thanks to the President’s decision to rescue the American auto industry, we not only saved more than a million jobs up and down the supply chain, but American auto companies have repaid their outstanding loans, are now making record profits, and are leading an auto industry that has added about 250,000 jobs since the end of the recession. Knowing that small businesses are the engines of job growth, President Obama has cut taxes for small businesses 18 times and supported more than 150,000 loans to small businesses so they can expand and hire more workers.
Ensuring Americans have health care coverage: Thanks to the Affordable Care Act, 105 million people don’t have to face lifetime limits that could force their benefits to run out when they need it most. Three quarters of people with Medicare received free preventive services, and 3.1 million young Americans who would otherwise be uninsured are now covered. In the coming years, 30 million more Americans will have health care coverage—many of whom will be able to afford insurance for the first time.
More to do: To make sure Americans can afford health care, Obamacare will give 18 million Americans a tax credit worth an average of $4,000 each starting in 2014.
Watch the Coffman family explain what Obamacare has meant for their young son, Jackson.
Moving America towards energy independence: Under President Obama’s all-of-the-above approach to energy, our country now relies less on foreign oil than it has in any of the past 20 years. Last year, domestic production of natural gas hit an all-time high. His investments in clean energy have supported nearly a quarter of a million jobs.
More to do: Implementing the Obama administration’s fuel efficiency standards for cars and light trucks over the next few years will save families more than $8,000 at the pump per vehicle by 2025.
Take a look at the story of one clean energy company and how President Obama is pushing policies that support a growing industry.
Strengthening our country’s security: Concentrating on the most serious threats facing America, President Obama has taken the fight to al-Qaeda and eliminated more of its leadership in the last three years than at any time since September 11th, 2001—including the group’s leader, Osama bin Laden. In keeping his promise to our military members and their families, he ended the war in Iraq last year and brought all our troops home.
More to do: President Obama has a plan to end the war in Afghanistan by the end of 2014, and our troops will keep coming home at a steady pace over the coming months. And President Obama is committed to keeping up the fight against al-Qaeda.
Listen to Iraq War veteran Lucas on how President Obama is honoring the sacred trust we hold with our veterans.
Protecting equality for all Americans: The first bill President Obama signed into law was the Lilly Ledbetter Fair Pay Act—a law that helps women fight back when they don’t get equal pay for equal work. He also overturned the discriminatory “Don’t Ask, Don’t Tell” policy, ensuring that gay and lesbian service members can serve openly. He is also the first sitting President to personally express support for marriage equality.
More to do: Women still get paid just 77 cents for every dollar a man earns. President Obama established the Equal Pay Task Force to address unequal pay and is pushing Congress to pass the Paycheck Fairness Act, which would give women more tools to fight wage discrimination.
Watch veterans reflect on why the repeal of “Don’t Ask, Don’t Tell” was so important.
There is no question that there’s much more work to do. Take a look at David Guggenheim’s “the Road We’ve Traveled” to see how far we’ve come, and how—with President Obama—we can continue to work together to move the country forward.
More to do: Despite Republican obstruction in Congress, the President continues to push his plan to create jobs now by keeping teachers and first responders on the job, putting construction workers back to work, and giving tax cuts to small businesses that invest and hire.
Listen to Cincinnati small business owner Tony White talk with the President about his support for small business.