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State of the Union Address 2015: Middle-class Economics, Higher Education & Jobs

Tuesday, January 20, 2015

President Obama delivered his State of the Union address in Washington Tuesday night. A key part of his speech focused on what he calls "middle-class economics". Under that theme, he laid out plans to rescue the cost of tuition at community colleges, called for improved job training, and announced plans to lower taxes for working families.

In case you missed the full speech, here are three takeaways from President Obama's address:

First: Middle-class economics means helping working families feel more secure in a world of constant change. That means helping folks afford childcare, college, health care, a home, retirement. And my budget will address each of these issues, lowering the taxes of working families and putting thousands of dollars back into their pockets each year.

Second: By the end of this decade, two in three job openings will require some higher education -- two in three. And yet, we still live in a country where too many bright, striving Americans are priced out of the education they need. It’s not fair to them, and it’s sure not smart for our future. That’s why I’m sending this Congress a bold new plan to lower the cost of community college -- to zero.

Third: So no one knows for certain which industries will generate the jobs of the future. But we do know we want them here in America. We know that. And that’s why the third part of middle-class economics is all about building the most competitive economy anywhere, the place where businesses want to locate and hire.

You can listen to the entire address here.