SPRINGFIELD, Mass. (WWLP)– Supporters applauded as President Obama gave his 6th State of the Union address and made enthusiastic claims of an improving economy.
“Wages are finally starting to rise again. We know more small business owners plan to raise their employees pay than at any time since 2007,” the President said.
Some argue there’s little to support that statement as the hourly wages in the last year have grown at about half the rate of what’s typical of a healthy economy, according to the numbers from the labor department.
Economists still suggests, however, businesses will be forced to up their pay as unemployment rates keep dropping, setting up for a more competitive job market.
Political analyst Tony Cignoli told 22News the President did what he was supposed to do with the address, and that’s to motivate the nation about what improvements have been made and emphasize the one’s still to come.
“So he did take a lot of liberties as cheerleading in chief with some of his rhetoric and some of his facts. He sounded good he was enthusiastic, but the reality is that the facts don’t match up with what he had to say,” Cignoli said.
He pointed out one of the major points where the President’s statements didn’t line up with the numbers, is when he announced what the President called a “bold new plan” to offer community college for free. That plan, realistic or not, is exciting those struggling with student loan debt.
“Well it gives people a chance to get a job,” Tina Griffin told 22News. She went on to say, “I think it’s awesome actually. I’m a graduate of STCC.”
But analysts say the so called free tuition will come at a great cost about $60 billion over 10 years to the treasury.