Herman Cain explains many of the promises and half-truths of the State of the Union 2014.
The President: “We have the lowest unemployment rate in 5 years.” Cain: “That’s because the participation rate is lower.”
The President: ”We have a rebounding housing market” Cain: “A slight rebound, yes, but not one that is robust.”
The President: ”Manufacturers are adding jobs for the first time since the 1990s” Cain: “Only a few are, while many are still leaving that money offshore.”
The President: ”Oil boom at home” Cain: “That’s because of the private sector, not because of anything government has done.”
The President: ”Our deficits, are cut by more than half.” Cain: “Last year that’s true, but that’s one year out of the last four years.”
After wrangling with these points, Cain sums up the speech in three ways:
1) It was aspirational — it was goal-oriented and idealistic
2) It wasn’t inspirational
3) It lacked motivation.
“Where there is no inspiration, there is no motivation,” said Cain.
“As a result, to most Americans, [SOTU] is just another speech.”