Last night, Barack Obama presented the State of the Union address for 2014. In it he made several claims that were not quite right. Not an outright lie, but he didn't come anywhere close to telling the whole truth.
In the Cato Institute's reply to President Obama's address, they rebut no less than 20 points of "fact" from Mr. Obama.
Here is the Cato's rebuttal and reply, and we do hope you'll watch it all the way through.
Our current system of homeownership subsidies has not delivered long run gains in the homeownership rate.
Just more proof that we really should do something about Freddie Mac and Fannie Mae as it does seem as if they are just huge money pits and costing the taxpayer more and more with less and less of a return. [...]
Hello and Welcome to the News for the U.S. President, Barack Obama, his administration and all things connected to the presidency. Today is Wednesday, February 13, 2013 and is the 44th day of the year. With the State of the Union address last night, a whole big pile of rebuttals, ideas and agreements are being made...and so is some news! Let's get right to it since your time is very valuable!
The CATO Institute Responds to the 2013 State of the Union Address by Barack Obama. T [...]