Pinocchio-Obama Lying Again

Investors.com Cartoon (Google)

 (1) “More than 9 million Americans have signed up for private health insurance or Medicaid coverage.” This statement is technically true. However, it doesn't necessarily mean that all of these people were uninsured prior to enrolling on Healthcare.gov: Some could have been sign-ups because they lost their existing plans due to the ACA roll-out.
(2)  “And for the first time in over a decade, business leaders around the world have declared that China is no longer the world’s number one place to invest; America is.” Sounds nice, but it's not necessarily the truth.  Forbes reported that Ireland is the best place to do business, and a report from Ernst & Young says that India, China, and Brazil were all better investment opportunities than America.
(3) “Taken together, our energy policy is creating jobs and leading to a cleaner, safer planet. Over the past eight years, the United States has reduced our total carbon pollution more than any other nation on Earth.” LIE, LIE, BIG LIE. According to data from the Energy Information Administration, carbon dioxide emissions actually increased by two percent last year.
(4)  "The federal minimum wage is worth about 20 percent less than it was when Ronald Reagan" gave his first State of the Union address.  Not as bad as he claims; so it a technical lie. Under Ronald Reagan,  minimum wage was set at $3.35 for all eight years. Under Obama, it has been at $7.25. However... when the Reagan wage was adjusted for inflation to 2013 dollars, workers made an equivalent of $6.29 to $8.59 from 1981 to 1989. This means that, at the highest, our minimum wage is worth about 15 percent less than it was during Reagan's time, not the consistent 20% Obama suggests.
(5)  "More than 8 million new jobs our businesses have been created over the past four years." This is a true – but selective – statistic. 8.2 million private sector jobs have been added since February 2010. Total employment, however, has only seen a rise of 7.6 million jobs due to heavy lay-offs in the public sector. Also, that remark from Obama leaves out the jobs that left the economy from 2008 to 2010. If you factor in all the jobs lost into the equation, Obama's presidency has only brought a net gain of 3.2 million new jobs not 8 million new jobs.
(6) “A manufacturing sector that’s adding jobs for the first time since the 1990s.” Technical lie. The manufacturing sector has increased by 570,000 jobs since 2010, but there are still 1.7 million fewer manufacturing jobs than there were in 2007.

State Of The Union 2014 Fact Check