They fact-checked President Barack Obama’s State of the Union speech, and they found these things.
OBAMA: 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.
THE FACTS: Job growth has been…fueled in part by lower-paying jobs…which have replaced many higher-paying positions…. 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.
[F]aster hiring hasn’t pushed up wages much. They have been growing at a tepid pace of about 2% a year since the recession ended 5 1/2 years ago. That’s barely ahead of inflation and below the annual pace of about 3.5% to 4% that is typical of a fully healthy economy.
OBAMA: I am sending this Congress a bold new plan to lower the cost of community college—to zero.
THE FACTS: Zero for qualifying students; an estimated $60 billion over 10 years to the treasury.
OBAMA: Thanks to a growing economy, the recovery is touching more and more lives. Wages are finally starting to rise again. We know that more small-business owners plan to raise their employees’ pay than at any time since 2007.
THE FACTS: A survey of small businesses by the National Federation of Independent Business does show that a rising proportion plans to raise wages. But plans to raise pay aren’t the same as actually raising them.
Average hourly earnings rose just 1.7% in December from 12 months earlier, according to the Labor Department. That’s about half the rate that is typical of a healthy economy….