Question: where does the democratic party stand on economy

title: Democratic Party (United States)
text: Today , the House Democratic caucus is composed mostly of progressives and centrists , with a smaller minority of conservative Democrats . The party 's philosophy of modern liberalism advocates social and economic equality , along with the welfare state . It seeks to provide government intervention and regulation in the economy . These interventions , such as the introduction of social programs , support for labor unions , affordable college tuitions , moves toward universal health care and equal opportunity , consumer protection and environmental protection form the core of the party 's economic policy . The party has united with smaller liberal regional parties throughout the country , such as the Farmer -- Labor Party in Minnesota and the Nonpartisan League in North Dakota . 

Answer: answer: The party's philosophy of modern liberalism advocates social and economic equality, along with the welfare state.
 These interventions, such as the introduction of social programs, support for labor unions, affordable college tuitions, moves toward universal health care and equal opportunity, consumer protection and environmental protection form the core of the party's economic policy.