Obama's State of the Union Address described a fictional utopia rather than the stark reality the US finds itself in. Here are ten charts that paint a 'slightly' different picture than what Obama said in this quote:
“Let me start with the economy, and a basic fact: the United States of America, right now, has the strongest, most durable economy in the world. We’re in the middle of the longest streak of private-sector job creation in history. More than 14 million new jobs; the strongest two years of job growth since the ’90s; an unemployment rate cut in half. Our auto industry just had its best year ever. Manufacturing has created nearly 900,000 new jobs in the past six years. And we’ve done all this while cutting our deficits by almost three-quarters.”
Hmmm, something doesn't compute!
*Courtesy of ZeroHedge
As for manufacturing jobs:
Courtesy of ZeroHedge