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Latest Fact-Checks In Economy

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Facebook posts
Facebook posts
stated on May 19, 2021 in a Facebook post:
Photos show Joe Biden didn’t drive himself during an electric vehicle test drive.
Pants on Fire!
By Gabrielle Settles • May 20, 2021
Lindsay James
Lindsay James
stated on May 11, 2021 in a tweet:
“There are more job openings than there are people on unemployment" in Iowa.
True
By Lyle Muller • May 12, 2021
Kamala Harris
Kamala Harris
stated on May 4, 2021 in a speech:
“The global cost of corruption is as much as 5% of the world's GDP.”
False
By Miriam Valverde • May 7, 2021
Janet Yellen
Janet Yellen
stated on May 2, 2021 in an interview on NBC's "Meet the Press":
“Corporate income has increased as a share of” gross domestic product.
Half-True
By Louis Jacobson • May 3, 2021
Instagram posts
Instagram posts
stated on April 21, 2021 in an Instagram video:
“Those 30-, 40-year mortgages” prove that banks know climate change “is not going to happen.”
False
By Andy Nguyen • April 26, 2021
Rick Gundrum
Rick Gundrum
stated on March 29, 2021 in Twitter:
Says Gov. Tony Evers’ 2021-22 state budget "increases taxes $1 billion +"
Mostly True
By D.L. Davis • April 6, 2021
Amy Pechacek
Amy Pechacek
stated on December 20, 2020 in News release:
“We have reached our goal to clear the backlog of (unemployment) claims.”
Half-True
By Laura Schulte • March 17, 2021
Gordon Hintz
Gordon Hintz
stated on February 23, 2021 in a speech:
Republicans are “trying to create a fake unemployment insurance crisis.”
False
By Eric Litke • March 4, 2021
Bill Cassidy
Bill Cassidy
stated on February 7, 2021 in remarks on NBC's "Meet the Press":
“New York, for all of their complaining, Gov. Cuomo's complaining, has only had a 1.5% decrease in revenue” due to the coronavirus pandemic.
Mostly False
By John Pullano • February 26, 2021
Instagram posts
Instagram posts
stated on February 11, 2021 in an Instagram post:
Due to differing lockdown orders, New York has more COVID-19 cases, deaths, hospitalizations and job losses than Florida, and New York also lags on vaccinations.
Mostly False
By Samantha Putterman • February 26, 2021
Mitch McConnell
Mitch McConnell
stated on February 24, 2021 in a Senate floor speech:
In the American Rescue Plan, “just about 1% of the money is for vaccines.”
Mostly True
By Jon Greenberg • February 26, 2021
Cory Booker
Cory Booker
stated on February 9, 2021 in a statement:
“There is a direct connection between discriminatory policies within the USDA and the enormous land loss we have seen among Black farmers over the past century."
True
By Miriam Valverde • February 22, 2021
Joe Biden
Joe Biden
stated on February 16, 2021 in remarks at a CNN town hall:
"If we kept (the minimum wage) indexed to inflation, people would be making $20 an hour right now.”
False
By Louis Jacobson • February 18, 2021
Joe Biden
Joe Biden
stated on February 16, 2021 in a CNN town hall in Milwaukee.:
“There is a consensus among economists left, right, and center… that we can’t spend too much” on COVID-19 relief.
Mostly False
By Jon Greenberg • February 18, 2021
Kevin McCarthy
Kevin McCarthy
stated on February 9, 2021 in a press release:
Raising the national minimum wage to $15 per hour “would destroy up to 3.7 million jobs.”
False
By Chris Nichols • February 11, 2021
Jim Steineke
Jim Steineke
stated on January 17, 2021 in a TV interview:
Gov. Tony Evers “has the authority and revenue necessary” to upgrade the Wisconsin unemployment system without the Legislature.
Mostly False
By Eric Litke • February 3, 2021
Tony Evers
Tony Evers
stated on January 12, 2021 in Speech:
"The Legislature spent the last decade passing laws deliberately making it even harder for people to access these critical supports when they need it most, exacerbating the problems with our already-outdated system.”
Half-True
By Laura Schulte • February 2, 2021
Jordan Rachel
Jordan Rachel
stated on January 16, 2021 in a tweet:
A $15-per-hour minimum wage would raise the price of a Taco Bell burrito to $38.
False
By Bill McCarthy • January 20, 2021
Sarah Godlewski
Sarah Godlewski
stated on January 9, 2021 in Twitter:
“It wasn’t all women that lost jobs (in the December jobs report), it was mostly Black and Latina women. In fact, white women gained employment.”
True
By Nusaiba Mizan • January 15, 2021
Kim Reynolds
Kim Reynolds
stated on January 7, 2021 in a news conference:
Before COVID-19, “more Iowans (were) working than at any other time in our state history."
True
By Sarah Watson • January 11, 2021
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