With the president's upcoming State of the Union address on Jan. 31, the economy will come under fresh scrutiny, so it is essential to separate the facts from the media spin.

More than 4.6 million jobs have been added since May 2003 -- 31 straight months of positive job growth. Unemployment dropped down to 4.9 percent, lower than the average of all three recent decades.

As energy prices have spiked and world demand increased, the United States' reliance on oil controlled by Venezuela's anti-American despot Hugo Chavez has become a real danger. But it's a danger the networks barely even mention.