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Latest Fact-Checks In Economy

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Robert Reich
Robert Reich
stated on August 29, 2011 an opinion column:
"The ratio of corporate profits to wages is now higher than at any time since just before the Great Depression."
True
By Louis Jacobson • September 1, 2011
John Cornyn
John Cornyn
stated on August 24, 2011 a Twitter message.:
Congressional Budget Office "says 8 (percent) unemployment till 2014!"
True
By W. Gardner Selby • August 31, 2011
John Kasich
John Kasich
stated on July 17, 2011 an appearance on "Meet the Press":
"Believe it or not, consumer spending is up over the last eight months."  
True
By Reginald Fields • August 1, 2011
Marc Morial
Marc Morial
stated on July 17, 2011 an interview on NBC's "Meet the Press":
"The black unemployment rate (has) increased since the recovery has begun."
True
By Louis Jacobson • July 18, 2011
Bob McDonnell
Bob McDonnell
stated on July 13, 2011 a TV interview.:
Ninety percent of the job growth in Virginia has been in the private sector.
True
By Sean Gorman • July 18, 2011
Paul Krugman
Paul Krugman
stated on July 11, 2011 a "New York Times" column:
"There are actually half a million fewer government employees now than there were when (President Barack) Obama took office."
True
By Louis Jacobson • July 11, 2011
Barack Obama
Barack Obama
stated on July 6, 2011 a Twitter town hall:
"Young veterans have a higher unemployment rate than people who didn’t serve."
True
By Louis Jacobson • July 7, 2011
Dennis Kucinich
Dennis Kucinich
stated on June 1, 2011 a House committee hearing:
"Seventy of Ohio's 88 counties now have more than 25 percent of their residents eligible for emergency food."
True
By Tom Feran • June 24, 2011
Paul Krugman
Paul Krugman
stated on June 9, 2011 a New York Times column:
"The average unemployed American has been out of work for almost 40 weeks."
True
By Louis Jacobson • June 10, 2011
Bob McDonnell
Bob McDonnell
stated on May 20, 2011 an interview.:
For more than 30 years after World War II, there was a steady reduction in U.S. debt as a percentage of gross domestic product.
True
By Sean Gorman • May 25, 2011
Amy Hanauer
Amy Hanauer
stated on May 5, 2011 at a rally at the Ohio Statehouse:
"To give a sense of how families are struggling, a record four out of every 10 school kids in Ohio now qualifies for subsidized lunch."
True
By Joe Guillen • May 24, 2011
Randy Forbes
Randy Forbes
stated on May 5, 2011 a statement.:
Failure to raise the debt limit does not force a U.S. default on debt payments.
True
By Wes Hester • May 16, 2011
John Kasich
John Kasich
stated on May 10, 2011 a speech to the Ohio Chamber of Commerce:
"We're within 600 miles of 60 percent of America. We're in a perfect location."
True
By Tom Feran • May 13, 2011
Mark Warner
Mark Warner
stated on April 17, 2011 a TV appearance.:
"Right now we are spending at an all-time high, close to 25 percent of our GDP [is] being spent on the federal government. But our revenues are at an almost all-time low of about 15 percent [of GDP]."
True
By Jacob Geiger • April 22, 2011
Tim Kaine
Tim Kaine
stated on April 5, 2011 a YouTube video:
Virginia was named "best managed state, best state for business and best state to raise a child" while I was governor. 
True
By Jacob Geiger • April 7, 2011
George Will
George Will
stated on April 3, 2011 a roundtable segment on ABC's "This Week with Christiane Amanpour":
"We lost more jobs in this great recession than the last four recessions combined."
True
By Louis Jacobson • April 4, 2011
Michael Moore
Michael Moore
stated on March 5, 2011 a speech to protesters in Madison, Wisconsin:
"Just 400 Americans -- 400 -- have more wealth than half of all Americans combined."
True
By Tom Kertscher • March 10, 2011
Rick Scott
Rick Scott
stated on February 28, 2011 a press release touting a state tourism program:
"We know that every 85 visitors create one Florida job."
True
By Laura Figueroa • March 10, 2011
John Kasich
John Kasich
stated on February 22, 2011 an interview on CNN:
"We have lost 600,000 jobs over the period of the last 10 years. Only Michigan and California have done worse."
True
By Tom Feran • March 4, 2011
Sherrod Brown
Sherrod Brown
stated on February 22, 2011 a newspaper column:
"For every $10,000 invested in business incubators, up to nearly 70 local jobs are generated."
True
By James McCarty • March 3, 2011
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