President Obama gestures to Vice President Joe Biden and House Speaker John Boehner before giving his 2013 State of the Union address.
Credit Charles Dharapak / AP
As President Obama prepares to deliver his State of the Union speech Tuesday evening, he does it against a backdrop of some of the lowest voter-approval ratings of his presidency, with a divided Congress that has largely stalled his second-term agenda and with Washington's collective focus starting to shift toward the midterm elections and beyond.
Here are five things to expect from the president in his fifth State of the Union speech:
In 1895, legislators in New York state decided to improve working conditions in what at the time could be a deadly profession: baking bread.
"Bakeries are actually extremely dangerous places to work," says Eric Rauchway, a historian at the University of California, Davis. "Because flour is such a fine particulate, if it gets to hang in the air it can catch fire and the whole room can go up in a sheet of flame."
A payday loan is a costly form of credit operating on the fringes of the economy. That's why the target of a new crackdown by federal regulators may surprise you: Instead of a forlorn-looking storefront with a garish neon sign, it's your familiar neighborhood bank.
A small but growing number of banks, including some major players, have been offering the equivalent of payday loans, calling them "deposit advances."
That is, at least, until bank regulators stepped in Nov. 21 and put new restrictions on the loans.
For the first year since the recession, median household incomes did not decline in 2012. But it's hardly a reassuring picture. Incomes were flat despite the economic recovery and big gains in the stock market. That's a troubling aspect about today's labor market. It's four years since the official end of the recession and many households are worse off than when it started.