Latest Fact-Checks In Economy

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Occupy Providence
Occupy Providence
stated on October 19, 2011 a protest sign
"Minimum wage = $16,000/year CEO-Goldman Sachs (Lloyd Blankfein) $16,000/Hour."
False
By Lynn Arditi • October 26, 2011
Facebook posts
Facebook posts
stated on October 10, 2011 postings on Facebook, blogs, and social-media sites
Say the ratio of CEO pay to average worker pay in the U.S. is 475 to 1.
False
By Louis Jacobson • October 10, 2011
Herman Cain
Herman Cain
stated on September 15, 2011 an op-ed
"This is the worst jobs recovery since the Great Depression."
False
By Willoughby Mariano • September 26, 2011
Gary Johnson
Gary Johnson
stated on September 22, 2011 a Republican presidential debate in Orlando, Fla.
"We're bankrupt."
False
By Becky Bowers, Louis Jacobson • September 23, 2011
Doreen Costa
Doreen Costa
stated on August 10, 2011 a radio interview
"The studies have shown us that [drug testing for welfare recipients] will be saving us money"
False
By C. Eugene Emery Jr. • August 26, 2011
James Bennett
James Bennett
stated on August 15, 2011 a news conference
Providence's port is "200 miles closer to Europe than any other Eastern port."
False
By C. Eugene Emery Jr. • August 21, 2011
Reince Priebus
Reince Priebus
stated on August 3, 2011 comments made to reporters while in Tampa
The Republican National Convention "is a Super Bowl times four."
False
By Aaron Sharockman • August 12, 2011
Ron Paul
Ron Paul
stated on July 18, 2011 a television campaign ad
"In the '80s, Democrats promised spending cuts, but delivered only tax hikes."
False
By Maryalice Gill • August 10, 2011
Barry Hinckley
Barry Hinckley
stated on July 24, 2011 an appearance on Channel 6
"There's no money in Social Security."
False
By C. Eugene Emery Jr. • August 4, 2011
Tom Price
Tom Price
stated on July 24, 2011 an interview on CNN's "State of the Union with Candy Crowley"
"The U.S. won't default, because default means that you don't pay your creditors. And it takes about 10 percent of the money that's coming in right now" to pay interest to bondholders.
False
By Louis Jacobson, Willoughby Mariano • July 26, 2011
Kay Bailey Hutchison
Kay Bailey Hutchison
stated on June 29, 2011 an interview with CNBC
"The only growth sector that we’ve had in the last two years in America is government growth."
False
By Meghan Ashford-Grooms • July 22, 2011
David Dewhurst
David Dewhurst
stated on July 5, 2011 a Twitter message.
Says President Barack Obama’s "own economists say the stimulus cost $278K per job ‘created.’ "
False
By Meghan Ashford-Grooms, W. Gardner Selby • July 20, 2011
Grover Norquist
Grover Norquist
stated on July 13, 2011 an interview on CNN
"Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged."
False
By Angie Drobnic Holan • July 19, 2011
Sarah Palin
Sarah Palin
stated on July 10, 2011 an interview with "Newsweek"
Slim Jims "just recently" cost 99 cents but now cost $2.69.
False
By Louis Jacobson • July 11, 2011
George Allen
George Allen
stated on July 2, 2011 a TV interview.
"China owns more of our bonds than do Americans."
False
By Sean Gorman • July 8, 2011
Jim DeMint
Jim DeMint
stated on June 26, 2011 an interview on CNN's "State of the Union with Candy Crowley"
"We've got more revenue than we ever have."
False
By Louis Jacobson • June 28, 2011
Michele Bachmann
Michele Bachmann
stated on June 1, 2011 an interview on WKXL-AM in Concord, N.H.
"If you threw a barbecue yesterday for the Memorial weekend, it was 29 percent more expensive than last year because Barack Obama's policies have led to groceries going up 29 percent."
False
By Jake Berry • June 27, 2011
Tom Kean Jr.
Tom Kean Jr.
stated on May 24, 2011 a press release
"The state’s tax burden has, according to census figures released today, cost our state another 190,000 residents in 2009."
False
By Erin O'Neill • June 27, 2011
Kim Guadagno
Kim Guadagno
stated on May 11, 2011 a radio interview on WNYC
After not having any foreign trade offices overseas for the past decade, New Jersey opened offices in Shanghai and London in the past six months, and has seen an 18 percent increase in exports.
False
By Bill Wichert • June 23, 2011
National Republican Senatorial Committee
National Republican Senatorial Committee
stated on June 3, 2011 a press release.
"President Obama and liberal former DNC Chairman Tim Kaine’s $787 billion stimulus failed to create jobs."
False
By Jacob Geiger • June 20, 2011
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