President Obama talked at length about jobs, the minimum wage and salaries during his State of the Union speech. Here we look at some of his claims and whether they’re true or not. Claim 1: “Our economy is growing and creating jobs at the fastest pace since 1999.” From Heritage’s James Sherk: President Obama celebrated the fact that the economy created jobs at the fastest pace since 1999. These figures are far less exciting news when put in context. Americans have suffered through the slowest recovery of the post-war era. The recession started seven years ago. Only in mid-2014 did the economy recover the jobs lost during the downturn. Full-time jobs have still not recovered – the entire net employment gains since 2007 come in part-time positions. Furthermore, the Obama administration’s policies have contributed to this sluggishness. Half of small business owners cite taxes or government regulations as their single greatest problem. A delayed recovery certainly beats the alternative of even slower job growth. But the administration should hardly want credit for such an anemic recovery. Read More: dailysignal/2015/01/21/fact-checking-obamas-jobs-claims-state-union/?utm_source=heritagefoundation&utm_medium=email&utm_campaign=dailydigest&mkt_tok=3RkMMJWWfF9wsRolvazIZKXonjHpfsX57OklX6K%2BlMI%2F0ER3fOvrPUfGjI4ETcVrI%2BSLDwEYGJlv6SgFQrLBMa1ozrgOWxU%3D
Posted on: Fri, 23 Jan 2015 08:55:19 +0000
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