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." 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. Obama, by referring to the jobless rate of the "financial crisis," probably meant the blowup that followed the collapse of Lehman Brothers in September 2008. Obama confronts a Republican-controlled Congress that can be expected to be wary of a new program costing that much. [...] the proposal requires states to contribute about a quarter of the money, and getting them to go along is bound to be tough. Educators are divided on its merits, with some worrying that aid for a community college education could divert students and scholarships away from four-year schools.
Comment on FACT CHECK: Obama claims credit for an incomplete recovery
By CHRISTOPHER S. RUGABER and CALVIN WOODWARD, Associated Press, San Francisco Chronicle: Politics
Tue, 01/20/2015 - 8:15pm
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