Obama’s State of the Union Speech Gets Fact-Checked WASHINGTON (AP) — The U.S. may not have “risen from recession” quite as rousingly as President Barack Obama suggested in his State of the Union speech Tuesday night. Seven years after that severe downturn began, household income hasn’t recovered and healthy job growth is complicated by the poor quality, and pay, of many of those jobs. -”At this moment – with a growing economy, shrinking deficits, bustling industry and booming energy production – we have risen from recession freer to write our own future than any other nation on Earth.” Obama: “We’ve seen the fastest economic growth in over a decade… — TheBlazeNOW (@TheBlazeNOW) January 21, 2015 THE FACTS: By many measures, the economy is still recovering from the deep scars left by the Great Recession. Job growth has been healthy, but fueled in part by lower-paying jobs in areas such as retail and restaurants, which have replaced many higher-paying positions in manufacturing and construction. Part-time jobs also remain elevated: There are still 1.7 million fewer workers with full-time jobs than when the recession began in December 2007.........
Posted on: Wed, 21 Jan 2015 23:26:16 +0000
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